Michael is the co-founder and chairman of BitAngels, the world’s first angel network for digital currency startups. BitAngels currently has over 600 members and has made more than 25 investments in bitcoin and cryptocurrency companies.
Michael is one of the leading “go-to” experts on bitcoin and he’s spoken all over the world on it, including Bitcoin 2014, Satoshi Roundtable, South by Southwest, and TEDx Hollywood. He sees a huge future in bitcoin and other cryptocurrencies for a variety of reasons, as he told the Business to Freedom podcast earlier this year: “These days it only makes sense to use digital currencies. A penny in the United States costs two pennies to make. It’s possible that 20 years from now we won’t ever need to walk into banks to make transactions and file checks…” “Cryptocurrencies are great because they allow users to track their spending and allow digital marketplaces to be fully accountable. This is a huge reason why nations with unstable economies, especially those that rely on other currencies (ie. the US dollar), are looking to make their financials more transparent.” Michael is also the co-founder and managing partner of bCommerce Labs, the first technology incubator fund focused on e-commerce companies for bitcoin and the blockchain, and a partner at Flight VC, where he helps run the AngelList Bitcoin Syndicate with legendary super-angel Gil Penchina. On top of all that, he’s also known as a public relations genius. He founded Marketwire, one of the world’s largest and most technologically sophisticated company newswires. Originally known as Internet Wire, Marketwire was acquired in 2006 for $35 million. Michael’s been in on cryptocurrencies since the beginning… and hardly anyone else in the world has their finger on the pulse of the industry. At IES 2017 in Nashville, he’ll tell you if bitcoin is simply “having a moment” or if cryptocurrencies are the future of finance.