Tim Draper Buys Silk Road Bitcoin, While Trying to Split Up California

From Zerohedge:

A single entity successfully scooped up the entire ~30,000 haul of Bitcoins that the US government seized from Silk Road. The successful bidder at the government's auction was V.C. Tim Draper (in partnership with Vaurum) who is infamous as the ideator of viral marketing, a marketing method for spreading a software application from customer to customer (making one wonder if the $19 million bid was more publicity stunt that investment). However, Vaurum has launched trading platforms in emerging markets, and we will be partnering with Tim to leverage the pool of ~30,000+ bitcoins as a liquidity source. The price of Bitcoin continues to rise, now at $650 - up from around $570 when the auction began.

Tim offered this in a statement:

“Bitcoin frees people from trying to operate in a modern market economy with weak currencies.
With the help of Vaurum and this newly purchased bitcoin, we expect to
be able to create new services that can provide liquidity and confidence
to markets that have been hamstrung by weak currencies.

Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies.”

What else is Tim Draper up to these days? Oh yeah, he wants to break up California into 6 states like his venture capital friends have done with the Ukraine.



See my previous article on where I think that idea actually came from.

Is "Six-Californias" a Skull and Bones, United Nations, or Council on Foreign Relations Plan?