Having grown up in Latin America, Micky Malka is no stranger to financial turmoil.
Coping with currency swings proved apt training for Malka, an entrepreneur-cum-venture capitalist—and one of bitcoin's biggest bulls.
The 39-year-old Venezuelan joins higher-profile investors, such as Marc Andreessen and Fred Wilson, in betting that the virtual currency will keep gaining traction as a way for people to buy and sell things online. These bitcoin backers are holding firm even as a barrage of bad news—including the shutdown of Mt.Gox, once the largest bitcoin exchange—makes others leery of the digital money.
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