re: Bitcoin buzz stays high --- even after bubble

You happily crow about Union Square Ventures' investment in Coinpurse. What type of entity is Coinpurse? It is a transfer agent that will be subject to government regulation for compliance with anti-money laundering laws. How is it a success for Bitcoins to be tied to another business that requires Bitcoin owners to sacrifice their anonymity to patronize that business?

And what exactly is Union Squares Ventures batting on? It is betting that Coinpurse will be successful as an exchange. Thus, it is betting that Bitcoins will not become a currency, but will continue to require conversion to some other currency for spending. They are betting on Bitcoin remaining a commodity.