{"id":4558,"date":"2014-04-19T18:04:38","date_gmt":"2014-04-19T22:04:38","guid":{"rendered":"https:\/\/wncen.com\/?p=4558"},"modified":"2020-10-07T11:38:27","modified_gmt":"2020-10-07T11:38:27","slug":"sir-richard-branson-bitcoin-pioneer-global-currency","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/sir-richard-branson-bitcoin-pioneer-global-currency\/","title":{"rendered":"Sir Richard Branson: Bitcoin &#8220;The Pioneer of a Global Currency&#8221;"},"content":{"rendered":"<p>Business magnate Sir Richard Branson&#8217;s no stranger to the topic of bitcoin and digital currency.<\/p>\n<p>In November of last year, Branson announced that his latest and greatest venture, <a href=\"http:\/\/virgingalactic.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Virgin Galactic<\/a>, would be accepting bitcoin for short flights to space.<\/p>\n<p>In the <a href=\"http:\/\/msp.imirus.com\/Mpowered\/book\/vds2014\/i4\/p1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">April issue of Delta&#8217;s <em>SKY Magazine<\/em><\/a>, Branson spoke about a number of topics, of which include (yes, you guessed it) bitcoin.<\/p>\n<p>&#8220;It was a genius who set [Bitcoin] up,&#8221; he told the magazine.<\/p>\n<p>But despite the genius behind bitcoin, Branson says there&#8217;s a number of flaws with it &#8212; chiefly, its transparency. Specifically, the fact that most people don&#8217;t know\u00a0<em>who<\/em>\u00a0Satoshi Nakamoto &#8212; the creator &#8212; is.<\/p>\n<p>&#8220;It may not be the perfect global currency of the future yet, but it\u2019s the pioneer of a global currency.&#8221;<\/p>\n<p>Mr. Branson instead feels that a successful means of digital payments could come from someone well known like Twitter co-founder Jack Dorsey.<\/p>\n<p>Dorsey, of course, now runs <a href=\"http:\/\/squareup.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Square<\/a>, a company that seeks to make accepting credit\/debit cards simple.<\/p>\n<p>&#8220;He\u2019s the kind that\u2019s more likely to come up with the currency of the future that would be completely transparent,&#8221; he said, &#8220;Maybe using the Virgin Money brand.&#8221;<\/p>\n<p><span style=\"line-height: 1.5em;\">Branson noted in late January that &#8220;six or seven&#8221; individuals had purchased a Virgin Galactic flight using bitcoin, including a <\/span><a style=\"line-height: 1.5em;\" title=\"Stewardess Becomes First to Book Virgin Galactic Flight Using Bitcoin\" href=\"https:\/\/wncen.com\/2013\/11\/23\/stewardess-becomes-first-book-virgin-galactic-flight-using-bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer \">stewardess from Hawaii<\/a><span style=\"line-height: 1.5em;\">. Each flight is priced at about $250,000, or about 500 BTC at the current exchange rate.<\/span><\/p>\n<p><a href=\"http:\/\/msp.imirus.com\/Mpowered\/book\/vds2014\/i4\/p1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the issue here<\/a>. See page 150.<\/p>\n<p>[textmarker color=&#8221;C24000&#8243;]Image[\/textmarker]\u00a0<a href=\"https:\/\/www.flickr.com\/photos\/49719499@N03\/4574019432\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">INMA\/Jarle Naustvik<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business magnate Sir Richard Branson&#8217;s no stranger to the topic of bitcoin and digital currency. In November of last year, Branson announced that his latest and greatest venture, Virgin Galactic, would be accepting bitcoin for short flights to space. In the April issue of Delta&#8217;s SKY Magazine, Branson spoke about a number of topics, of which include (yes, you guessed it) bitcoin. &#8220;It was a genius who set [Bitcoin] up,&#8221; he told the magazine. But despite the genius behind bitcoin, Branson says there&#8217;s a number of flaws with it &#8212; chiefly, its transparency. Specifically, the fact that most people don&#8217;t know\u00a0who\u00a0Satoshi Nakamoto &#8212; the creator &#8212; is. &#8220;It may not be the perfect global currency of the future yet, but it\u2019s the pioneer of a global currency.&#8221; Mr. Branson instead feels that a successful means of digital payments could come from someone well known like Twitter co-founder Jack Dorsey. Dorsey, of course, now runs Square, a company that seeks to make accepting credit\/debit cards simple. &#8220;He\u2019s the kind that\u2019s more likely to come up with the currency of the future that would be completely transparent,&#8221; he said, &#8220;Maybe using the Virgin Money brand.&#8221; Branson noted in late January that &#8220;six or seven&#8221; individuals had purchased a Virgin Galactic flight using bitcoin, including a stewardess from Hawaii. Each flight is priced at about $250,000, or about 500 BTC at the current exchange rate. Read the issue here. See page 150. [textmarker color=&#8221;C24000&#8243;]Image[\/textmarker]\u00a0INMA\/Jarle Naustvik &nbsp;<\/p>\n","protected":false},"author":516,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,12,3670,3882],"class_list":["post-4558","post","type-post","status-publish","format-standard","hentry","category-news","tag-bitcoin","tag-online","tag-richardbranson","tag-skymagazine"],"acf":[],"yoast_head":"\n<title>Sir Richard Branson: Bitcoin &quot;The Pioneer of a Global Currency&quot;<\/title>\n<meta name=\"description\" content=\"Sir Richard Branson, owner of Virgin Galactic, has announced that they would be accepting bitcoin for short flights to space. 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