Archive for March, 2014

A New Pound Coin, but Crypto Currency is Counterfit Proof

It has been announced that the UK Pound coin will be replaced with a newer, more counterfeit proof design.  The more resilient coin will likely be released into circulation by 2017.  It’s estimated that there are around 45 million forgeries of the coin within the UK.  This reminded me that Crypto Currency is very much Counterfit [...]

The Rise and Fall of MTGox

It has not been a good few weeks for Bitcoin.  MTGox, the primary exchange for Bitcoin has filed for bankruptcy with reports of thousands of depositors coins stolen from its system.  It was also the benchmark for the dollar comparison price of the currency.  It has been a perfect example of ‘buyer beware’ in any [...]

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