Tag: loc

Bitcoin Pioneers Take on the Middleman Economy With Free Hotel Bookings

In the early days, like many successful technologists, budding Bitcoin entrepreneurs experienced more failures. ¬†Few people had heard of cryptocurrencies and exchanges had more security vulnerabilities. So when Nikola Alexandrov and Hristo Tenchev had to shut down their bitcoin exchange Bitcoin7 four months after its founding in June 2011 after its wallet was hacked, they commensurated with Steve Jobs killing off the Apple Lisa Macintosh desktop computer after huge losses. …
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