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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.

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Date: 2013-04-19 02:35 pm (UTC)
From: [identity profile] achinhibitor.livejournal.com
I wonder if they changed the name because they hadn't licensed "Magic: The Gathering".

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