ICO for Blockchain Based Poker Room Opens, Thiel: Underestimating Bitcoin Potential

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Published on:
Oct/26/2017

ICO for Blockchain-Based Online Poker - The highly anticipated  ICO for Russian blockchain based poker room Cash Poker Pro opens today and the crowdfunding sale will be ongoing until 18th November.  Cash Poker Pro is a modern poker room with a blockchain network structure and mechanism for fast and confidential money transfers.  Read More Here


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People Are 'Underestimating' the 'Great Potential' of Bitcoin, Billionaire Peter Thiel Says - People are "underestimating" bitcoin and it has "great potential left," billionaire investor Peter Thiel said on Thursday.

Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Thiel compared the cryptocurrency bitcoin to gold.

"I'm skeptical of most of them (cryptocurrencies), I do think people are a little bit … underestimating bitcoin especially because ... it's like a reserve form of money, it's like gold, and it's just a store of value. You don't need to use it to make payments," Thiel said.

"If bitcoin ends up being the cyber equivalent of gold it has a great potential left."

He added: "Bitcoin is mineable like gold, it's hard to mine, it's actually harder to mine than gold. And so in that sense it's more constrained."  Source: CNBC

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