Bitcoin was trading at about $800 when the story was published, but "Chris Dixon believes that's still a serious bargain," Wired reported.
Today bitcoin trades at about $270. So much for the bargain! Hope you didn't rush out and buy at $800 because of some story you read in Wired citing a guy who happened to be investing in a lot of bitcoin companies.
Then again, Dixon still could be right, someday. His point was that whatever you paid for a single bitcoin these days, it was super cheap compared to what it might be if bitcoin becomes the primary way to pay for things on the Internet.
Dixon is a general partner at Andreessen Horowitz, which has made investments in bitcoin-related companies, such as Coinbase.
To be sure, there is a big difference between bitcoin the currency and bitcoin the technology. That's good, because bitcoin the currency has suffered a few setbacks lately — nothing too big, just like the biggest bitcoin exchange going out of business and police suspecting that all the bitcoins were stolen by the people running the exchange.