Bitcoin exceeding remittance volumes
Bitcoin vs Internet VC Funding Singh began his talk with a brief comparison between the investments in the bitcoin industry and internet. According to Coindesk and PwC, bitcoin investments in 2015 have totaled US$916 million so far, a 262.5% increase compared to last year. “You can see the rapid growth of the VC investments in the bitcoin space,” explained Singh; adding: Payment volume According to the data of Coinometrics and Statistita, bitcoin has surpassed global financial services and remittances companies like Western Union and digital money transfer and settlement platforms like Xoom. “Two years ago, bitcoin wouldn