Jason Del Rey

Recent Posts by Jason Del Rey

Amid Bitcoin Price Volatility, Bitcoin Exchange itBit Launches With Backing From Canaan and RRE

A new bitcoin exchange called itBit is launching today, and is announcing a $3.25 million investment from Canaan Partners, RRE Ventures and Liberty City Ventures. The company is based in Singapore and its target customer base is comprised of institutional investors as well as individual investors who don’t live in the U.S.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work