“Mt. Gox evolved into a reliable marketplace for buying and selling bitcoins, now the world’s most popular digital currency. By one estimate, Karpeles has made over $8 million plus 345,000 bitcoins (at current rates: $86 million) swapping bitcoins for dollars and yen and other federal currencies. Karpeles and his company are a metaphor for the bitcoin world as a whole. Created by an anonymous computer scientist, the digital currency rose to prominence after it was embraced by software geeks across the globe. But now, as its influence continues to grow, these young, idealistic hacker types are running into the government regulators who control the existing financial system.”

http://www.wired.com/wiredenterprise/2013/11/mtgox/all/

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