Here are some other successful (and not so successful) internet currencies November 28, 2012 DigiCash started it off but went bust Founded in 1990 by David Chaum, DigiCash was one of the first electronic currencies but was went bust almost a decade later when Mark Twain bank – the only bank that supported the business – decided to withdraw its backing. Mint Chip focuses on small transactions MintChip is [...]
Bitcoins are rising fast – but risky too May 31, 2011 RICKARD Falkvinge, the Swedish IT entrepreneur and founder of the first Pirate Party, has announced he is piling all his money into bitcoins, a digital currency that is attracting a lot of online interest. Although the technology is groundbreaking and its security substantial, Falkvinge is nevertheless taking a huge leap of faith. Satoshi Nakamoto, a [...]