Bitcoin open source implementation of P2P currency

Source - Nakamoto Institute

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> Reply by Sepp Hasslberger on February 14, 2009 at 15:30

>Dante, in an email, has mentioned a UK project called Open Coin. It seems to go in a similar direction.

>Could there be synergies with bitcoin?

>http://opencoin.org/


Could be. They’re talking about the old Chaumian central mint stuff, but maybe only because that was the only thing available. Maybe they would be interested in going in a new direction.

A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system.