Gbi Secures Long Term Funding With Investment From New York Private Bank… — New York, Aug. 13, 2014 /prnewswire/ —

4 Risks Bitcoin Must Overcome – Yahoo Finance

NYPB&T and its affiliate companies will join the GBI platform in order to offer its wealth management and banking clients access to physical precious metals through GBI’s platform. “The GBI family is excited by its partnership with NYPB&T,” said Steven Feldman, GBI’s co-founder and CEO. “The visionary thinking that Howard Milstein and New York Private Bank & Trust are known for will be a very valuable asset to GBI as it further expands its existing platforms and enables its sophisticated precious metals business to be utilized by far more market participants.” “We believe our relationship with GBI will enable our clients to have a robust opportunity to invest in gold and other precious metals that have been a store of value for thousands of years,” said Howard Milstein, New York Private Bank & Trust Chairman, President and CEO. “Gold is the ultimate store of value. As inflation, geopolitical and sovereign debt risks move to the forefront of investor minds, gold will become an effective hedging component in the portfolios of small and large investors alike.” Mr. Milstein added: “GBI provides the most cost effective and advanced trading platform for investors to purchase and store precious metals, given its ability to offer consumers transparent and razor-sharp pricing through unprecedented access to the largest network of dealers.” About GBI GBI (Gold Bullion International) is a leading institutional precious metals provider to individual investors and the wealth management industry.

Why Bitcoin’s Growth Should Explode – Yahoo Finance

Dell and Overstock both implemented bitcoin payments one week after making the decision to go bitcoin. Why so fast? Bitcoin is a modern open system. There are no implementation fees, no approvals are required and the required technical skill is relatively low.

PR Newswire In pure bitcoin transactions, there are no companies to regulate. This means both regulators and big companies are potentially interested in having regulations that attempt to kill bitcoin or reduce its use. The Napster Example Napster was a peer-to-peer music sharing service released in 1999. It threatened record labels profits because people could now get songs more conveniently and at a lower cost.

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