Pro-Bitcoin Billionaire Peter Thiel Brings BTC to the Big Apple

Date: 
March 29, 2019
Read time: 
3 minutes

New York might soon be home to Satoshi Street -- at least that’s what I’ll call cryptos version of Wall Street. Some of the biggest crypto finance companies have sprung up in the Big Apple, the newest to receive the ultra-coveted Bitlicense is Tagomi Trading, LLC -- a company backed by Peter Thiel, co-founder of Paypal and proven Bitcoin Bull.

New York might soon be home to Satoshi Street -- at least that’s what I’ll call cryptos version of Wall Street. Some of the biggest crypto finance companies have sprung up in the Big Apple, the newest to receive the ultra-coveted Bitlicense is Tagomi Trading, LLC -- a company backed by Peter Thiel, co-founder of Paypal and proven Bitcoin Bull.

New York City -- Home of Satoshi Street

It’s good to be a Cryptomaniak. Over the years I’ve seen tremendous development in blockchain tech and adoption. That’s why I say I wouldn’t be surprised if the finance gurus and money making geniuses of the world opened up a whole street dedicated to cryptocurrency investment and finance. My dream is that it’ll be full of people who read and learned from our “25 Mistakes Investors Make” guide -- and apply those lesson at their jobs … which will be in NY, mark my words. After all, Greg Tusar, Tagomi CEO and former Goldman Sachs executive commented on the Bitlicense, saying:

The number of clients that opens up in New York is quite a substantial opportunity. We definitely have a backlog of clients that we would like to onboard that we were waiting for this approval to move forward with.

Mass Adoption Peaking Over the Horizon

Tagomi operates by taking trader orders, then searching across a myriad of the largest exchanges for the lowest price. The company plans to add margin trading, shorting, and lending features to the platform. They will accept and trade in Bitcoin, Ethereum, Bitcoin Cash, and Litecoin -- with approval of even more. Do you know what all this means? It means that mass adoption of cryptocurrencies as a new form of assets is looming on that distant horizon.

Greg Tusar went on to comment that “A major obstacle preventing greater cryptocurrency adoption is the lack of a fair, transparent, and secure marketplace for larger players. Firms like Tagomi and BitOoda are mitigating the market issues on a daily basis by offering client-focused agency services and acting as regulated entities.

These firms, led by smart money, are playing by the rules. They’re doing so because they see the future: cryptocurrencies as a way to make profits. And isn’t that what many of us are after anyway?

Posted by R.R. Hauxley

R.R. Hauxley traveled around the world ... on 1 Bitcoin. 18 countries, 12 months, 1 Bitcoin. Along the way he met and interviewed the sharpest, brightest minds in crypto today: Vitalik Buterin, Charlie Lee, and more. These travels solidified in him the truth: cryptocurrencies will set us free. Today Rafael educates the crypto curious and continues investing in refreshing, innovative, success driven projects.

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