- May 8, 2013
-- Director of Coworkingspace.ca
Leo Coholic proudly announced that "I believe we are are first Office facility in Toronto and quite possibly the country to have transacted a deal in bitcoin. Why is this significant?
It shows that bitcoin can be used for real tangible goods and services. There is a role for this crypto currency in unglamorous transactions such as real estate rental." The transaction occurred today and went without a wrinkle. "I really think that crypto currencies will add to the diversity of payment options that we have. In fact I would further speculate that it will add liquidity in areas where tradition fiat currency just doesn't seem to be getting: In the world of startups and early stage companies that will be the engines of growth and job creation in this country. Something I would add, that the quantitative easing moves by central bankers have thus far not been able to do." Coholic asks "how many great ideas did not get anywhere because they just not get funded? Look to crowdfunding sites to see how many ideas have gotten traction where bankers, VC, and even government have passed on them." He continues "we have a very progressive 14,000 square foot facility here in Toronto, a facility that we hope will become a hive of Bitcoin activity. From apps developers to miners. Let's bring on innovation and hope that some industry leaders may emerge from here"Photos: