Sunday, 30 November 2014

3 Pre-Bitcoin Virtual Currencies That Bit the Dust

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pre-bitcoin digital currencies

The history of the Internet is filled with examples of individuals or teams trying to bring characteristics of physical currency to the digital realm.

Until bitcoin, nearly all prior attempts either failed or fell pitfall to issues related to centralization and crime, among others. Yet despite their stumbles, the examples outlined below may serve as a reminder that, like bitcoin, other concepts were able to attract significant media attention, a number of users and, in some cases, significant investor capital.

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