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RE: Blockchain bitcoin wallet start-up raises $40 million from Google, billionaire Richard Branson
I wonder what Blockchain needs the money for. They are up and running for a long time already. Good to hear that demand for wallets is up. That is a token of growth in number of users.
Assuming it's to reinvest into it. Really it depends on the structure and purpose and I'm assuming that it's pre-mined. $40 million is not much in retrospect. Just look at the value of Bitcoin and Ether
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