Reuters TV Gives an Exclusive Look at MtGox, Interviews CEO Mark Karpeles
Reuters TV has interviewed CEO Mark Karpeles about Bitcoin, MtGox, and the place of this cryptocurrency in the global economy. In this exclusive, the CEO of the biggest BTC exchange talks on a multitude of subjects including the recent volatility and the future of the currency.
Bitcoin has seen some ups and downs, from an apparent bubble taking it over $266 and a fall that recovered to over $100. We’ve seen the traditional media start to take notice with ever-increasing cycles as well as new forex appearing on the market including Coinsetter—seeking to look very professional and well funded. Through it all, MtGox—BTC’s biggest exchange—has weathered a lot from getting crushed underfoot by overwhelming trade volume or simply targeted by DDoS on a constant basis.
After surpassing a $2 billion market cap, the bitcoin economy is becoming something to behold. It’s liquidity and tradability on the market is directly related to the ability of exchanges to stay working through high volume and DDoS (both a “sort” of flood) and every week more merchants come on board to accept the currency (April 10 and April 17.)
Reuters TV sought out MtGox’s Karpeles to talk not just about the position of exchanges in the Bitcoin economy but what Bitcoin means for the world at large.
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