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Venture capitalist snaps up bitcoins worth $19M

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SAN FRANCISCO (AP) — Silicon Valley venture capitalist Tim Draper is betting that bitcoins will bring more financial stability to countries with shaky economies, even though the digital currency faces an uncertain future itself. The financier revealed Wednesday that he snapped up nearly 30,000 bitcoins in a recent U.S. government auction and plans to trade them on a platform catering to markets...

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