
“Jed McCaleb likes building things that make powerful people nervous. In 2000, as Napster was starting to implode, he came up with a peer-to-peer filesharing network called eDonkey 2000 that soon became the world’s most popular way of sharing music online. Act Two was Mt. Gox, which is now the world’s largest exchange for Bitcoin, the widely popular digital currency. McCaleb started the site in 2010, using a leftover domain name he’d registered a few years earlier for a card-trading site. Ripple uses a different kind of open-source business model: You build a digital currency and get rich if it takes off.”
http://www.wired.com/wiredenterprise/2013/09/jed_mccaleb/
Related posts:
Tech Millionaire Brings Bitcoin to Australian Stock Exchange
US deploying troops to 35 African countries
Santa Obama Gives Pay Raise to Federal Workers
Happy "No Refusal Day" 2014
Venezuela Tackles Economic Crisis by Deleting 3 Zeros From its Currency
Anarchist Defeats Minarchist in New Hampshire Election
San Francisco Taxis Promote Bitcoins
The Government Plans DNA Tracking Of Those We Are Related To
Silent Circle, Lavabit launch “DarkMail Alliance” to thwart e-mail spying
As Bitcoin became popular, these countries became suspicious
‘Show Us the Tapes!’: Activists March to Demand Release of Paddock Video
Post on Facebook and be damned
Luis Posada Carriles, CIA-Protected Terrorist, Dies Free in Miami at Age 90
US-led war against ISIS is killing 31 times more civilians than claimed
Humorless Ohio AG mugs ‘prescription’ coffee cup