April 18th, 2013

A tidbit of history about Mt. Gox.

Mt. Gox is the world's largest Bitcoin exchange, handling over two thirds of transactions.

Ever wonder where the somewhat odd name came from?

It once stood for Magic: The Gathering Online Exchange. The company started out as an exchange for Magic cards. In between they hosted an online fantasy turn-based strategy game. Then they hit it big with Bitcoins.

Full marks for corporate agility, I say.