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re: Mt. Gox has filed for bankruptcy protection; $63mm in debt
Posted on 2/28/14 at 11:59 am to joshnorris14
Posted on 2/28/14 at 11:59 am to joshnorris14
quote:
Their name isn't, and never was, Magic the Gathering Online Exchange
LINK /
Not saying you are right or wrong but you're likely wrong. What are you basing this on?
quote:
In 2011, Karpeles bought a fledgling website called Mt. Gox. Founded a few years earlier by an unemployed software hacker named Jed McCaleb, the site was originally an online marketplace where people could buy and sell cards for Magic: The Gathering, a weirdly addictive trading card game. Mt. Gox was short for “Magic: The Gathering Online Exchange.” But then McCaleb turned it into a website where people could exchange cash for bitcoins, a digital currency that had only just found its way onto the internet, and just as the exchange started to take off, he sold it to Karpeles.
1
Posted on 2/28/14 at 12:08 pm to C
That isn't correct at all. It was founded in 2009 and became a bitcoin exchange in 2010. Again the name was MT Gox at the time. I believe it was Karpeles who changed the name to Mt Gox (Pronounced Mount Gox) but it might have been Jed.
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