Updated Jul. 3, 2014 at 7:54 a.m.

Premium Lock VC Tim Draper lands $19M in bitcoins; son to speak at Raleigh event

Published: 2014-07-03 07:05:00
Updated: 2014-07-03 07:54:44

Bitcoins    A twenty-five bitcoin, right, and one bitcoin are arranged for a photograph. Photographer: Tomohiro Ohsumi/Bloomberg Image 1 of 2 · Next Image…

Silicon Valley venture capitalist Tim Draper is betting that bitcoins will bring more financial stability to countries with shaky economies, even though the digital currency faces an uncertain future itself. And his son, who is focused on bitcoin startups, is coming to Raleigh in August to address the Cryptolina Bitcoin Expo....

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