08 Apr '14, 5pm

Beyond Bitcoin: Crypto-Ownership Companies Hope You're Ready To ... - Forbes #bitcoin

Beyond Bitcoin: Crypto-Ownership Companies Hope You're Ready To ... - Forbes #bitcoin

Nick Lambert and David Irvine of Maidsafe hope the world is ready to Bitcoin-ize all data on the Internet David Irvine lives in a tiny beach town called Troon on the West Coast of Scotland. He describes it as a place where old people go to retire, with a population of 15,000, a thriving golf community and views of the cliffs of Ireland on a clear day. It’s a surprising place from which to launch a product that he hopes will transform the way the Internet works. Irvine is a mechanical engineer who taught himself about computers when he “realized they would be big.” He went on to manage oil company Saudi Aramco’s computer network before founding his own network consulting company, Alba, in the UK. After realizing that “the way the Internet is designed is insane,” he unplugged and started sailing, eventually becoming a yachtmaster who would pick up newly bought boats, say in ...

Full article: http://www.forbes.com/sites/kashmirhill/2014/04/08/beyond...

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