American venture capital investor and Blockchain industry influencer Tim Draper claimed that Bitcoin (BTC) is “bigger than the internet,” and several other major developments in human history, during the Intelligence Squared US debate in New York City this Saturday, CNBC reported today April 23. During the debate – which Draper undertook alongside Overstock CEO and Bitcoin bull Patrick Byrne and against two crypto skeptics – the billionaire investor compared Bitcoin, and evidently Blockchain in general, to his early investments in Tesla, Hotmail, and Skype. He went further by stating that Bitcoin would be “bigger than all of those combined,” and …

Andreessen Horowitz (AH) is a name that is usually whispered with awe in the cryptocommunity and not without a reason. Since the beginning of the last year the venture company has threw (warning, paywall!) approximately $50 million into cryptocurrency related products. How do they know? Some may call it reckless, investing so much money into something that volatile and unpredictable. However, I would not worry for Mark Andreessen and the second AH co-founder Ben Horowitz. Looking back at their latest and greatest investments it seems like we shouldn’t stay in doubt but quite the opposite – run to unload our …