The end of bitcoin volatility
The newly announced bitcoin platform Bitreserve.org promises to provide the end of bitcoin volatility. The site, launched by Halsey Minor, who created SNET, Grand Central (now Google Voice), OpenDNS, Rhapsody, Vignette, and Salesforce.com., aims to tackle concerns often voiced by critics of bitcoin.
Also Bitreserve will provide real-time transparency, transactional traceability, and proof of solvency.
Aside from Minor who will serve as executive chairman of the company and heading up the project, the tech, media and telecom pioneer, Tim Parsa, will serve as the Company’s Chief Executive Officer who says the site will offer a variety of features that are designed to help its users overcome issues such as volatility and more.
“People work hard for their money; they have a right to know what’s being done with it,” says Parsa. “What you do with your money is your business. What we do with your money is everyone’s business.”
According to the company, Bitreserve is currently in an invitation-only private beta.
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Source: http://ecurrency.ec/2014/05/the-end-of-bitcoin-volatility/?utm_source=rss&utm_medium=rss&utm_campaign=the-end-of-bitcoin-volatility
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