The company, which would like $75 million because it had a deal to license the former Magic: The Gathering Online Exchange’s formerly valuable bitcoin exchange architecture before said architecture shown to be somewhat shoddy, won’t try to stop some other idiots from buying what’s left of Mt. Gox and then trying to get its fair share. Read more »
We’re not sure about how Phil Falcone feels about bitcoins. We’re certainly not as sure about his feelings on matters cryptocurrent as we are on his opinions re: the FCC and Charlie Ergen. And we’re not sure that the latter’s embrace of bitcoins will affect Phil’s opinion, but it certainly cannot help. Read more »
And it wasn’t to transform a role-playing card exchange into the vanguard of a financial future without fiat currencies or central banks. That was incidental.
If the Mt. Gox founder would like to avail his company of all of the wonderful protections offered by Chapter 15 of the U.S. Bankruptcy Code, he’s going to have to spend a bitcoin or two on a ticket to Dallas. Read more »
The People’s Republic is doing its part to make sure the year 2014 is the cryptocurrency’s last, upping its December bar on banks trading in bitcoins to and outright ban on banks doing any kind of business with bitcoiners at all. Read more »
A middle-aged white guy (who is also an innovator in the field of conflict-of-interest resolution) has some harsh words for an older white guy who had the audacity to question the validity of something that appears highly validity-impaired at the moment. Read more »