01 Sep '13, 1pm

Introducing the Exchanges: Coinbase (Part 1) #bitcoin

Introducing the Exchanges: Coinbase (Part 1) #bitcoin

See also: our “Introducing The Exchanges” article on BitStamp . In the year since the site first launched, Coinbase has come to be one of the most important and influential companies in the US Bitcoin economy. The company was originally founded by Brian Armstrong in the summer of 2012 , and started out with a simple mission: make Bitcoin as easy to use as possible for the masses. At first, the company offered little more than basic merchant tools and a Bitcoin wallet. Even still, however, Brian Armstrong’s past as a fraud-prevention engineer at Airbnb earned the company credibility, and in September it received a $600,000 funding round from a number of high-profile investors , including Reddit co-founder Alexis Ohanian. Fortunately, the original investors’ confidence proved to be well-founded. In October 2012, the company launched a new service, allowing anyone in the US t...

Full article: http://bitcoinmagazine.com/6728/introducing-the-exchanges...

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