2013-01-11techcrunch.com

Bitcoin, a heavily underground peer-to-peer payment solution, is starting to peek its head above ground. Today, a payment solutions company called BitPay has announced $510K in investment, led by Shakil Khan, Barry Silbert, Jimmy Furland and Roger Ver.

Put simply, BitPay feels like it is positioned to become the equivalent to PayPal for the virtual currency payment processor rival, Bitcoin.



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