One of the developers, Amir Taaki lives in a squat in an office building in central London.
And the similarity of this new currency’s name to Bit Torrent, the P2P protocol loathed and hated by the corporate entertainment cartels isn’t entirely coincidental 😉
Moreover, I suspect BitCoin will soon be equally despised by the corporate banking brotherhood, if that hasn’t happened already.
“Bitcoin started running on January 3, 2009, and is now a working decentralised monetary system with thousands of users around the world, writes Nicolas Mendoza in Al Jazeera.
“The Bitcoin protocol is based on a fundamental critique of the world’s monetary system: that it demands undeserved amounts of trust from us. Nakamoto thought that it would be better to place trust outside the monetary system itself and back into social life.”
P2P money, heh 🙂
Jon Newton — myblogdammit
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