I’m not a risk-taker. Bitcoin is a little too weird for me. But you know what? If I ran a business and I could use it almost as soon as I accepted it as payment, how could I lose out? The only problem would be getting stuck with bitcoins if the whole thing came tumbling down.
It looks Intel, AMD, MS and Apple must be watching this closely, and it would help revive the PC. See top link above.
After hearing about Bitcoin, Iyengar quit his job to use his experience to outrace other Bitcoin-mining startups. Iyengar has watched Intel, IBM (IBM), Apple (AAPL), Samsung, and other heavyweights slug it out in the chip business for years. “No arms race in the history of the chip industry even comes close to this,” he says.
Most new ideas seem weird in the beginning.