Posted by on Jun 6, 2014 in Bitcoin, Dogecoin, Litecoin, Programming, Startup, Virtual Currency | 0 comments

I’ve been following Bitcoin since mid 2010. It was particularly interesting to me at the time as my company was processing high-risk payments; high-risk payments which Bitcoin seemed to be ideally suited for. Since then I’ve mined and traded (terribly) Bitcoin and a bunch of other cryptocurrencies like Litecoin and Dogecoin. A few weeks ago I published a document on securing virtual currency applications based on my experience in traditional payments and building applications. Late 2013 and early 2014 had been frustrating times to watch scammers and incompetence dominate the cryptocurrency landscape only to, predictably, fail a short time later. If cryptocurrencies are ever going to succeed they will have to do better, much better.

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