30 Nov '13, 4pm

Fed Up With Bitcoin? Here's How To Start Your Own Currency

One of the first currentrepreneurs out of the gate is David Johnston, executive director of virtual currency investors BitAngels . He’s managed to persuade investors to hand over a total of $3.15 million to back the creation of a new Mastercoin Foundation. “Creating your own currency will be as easy as doing a single transaction using the Mastercoin Client Application,” he told me. “The complexity of Bitcoin will not be a factor in the long term any more than the complexity of TCP-IP or HTTP is an issue for the internet. Mastercoin is bringing a new user layer on top of Bitcoin so users can interact at a simpler and higher level with the Mastercoin software, just as a user interacts with a web browser instead of talking directly to servers themselves.”

Full article: http://www.forbes.com/sites/jasperhamill/2013/11/30/fed-u...

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