What is this?
Bitcoin time gives you the most important internet time, that is the Bitcoin block count.
Why is it important?
Because the older a transaction is, the more certainty it's not bogus. You actually need to wait between one and six blocks to be able to effectively "use" your newly acquired bitcoins.
This is such an important service, what are your plans?
We just got seed funding from Y Combinator and TechStars at the same time, and given the current valuation, we plan to IPO in 2 month. We also got a new CEO as of today, since Eric Schmidt was free we accepted him, let's hope he will do a good job.