Bitcoin could be as "big as the Internet" in reshaping the world and spurring economic growth, said a venture capitalist and well-known booster of the virtual currency.
"Virtual currency, particularly bitcoin, reminds me so much of that time in the early '90s," said Fred Wilson, a partner at Union Square Ventures. "We are at beginning of an exciting time, not just for investors but for all of society."
His comments came at a hearing Tuesday on the potential regulation of bitcoin. Conducted in lower Manhattan by New York state banking regulators, the hearing attracted other bitcoin enthusiasts, including Cameron and Tyler Winklevoss.