The most valuable exploits were those that allowed you to just create items out of nothing. So i made a deal with him to start basically a selling me items wholesale. We started to expand andto other games on diablo too. And for some games, we had exploits. For other games, we were buying items from people in a sort of a broker. But eventually evolved into guys who were running bots to play the game. One guy sper sing a hundred bots playing the game. It escalated pretty quickly. Oh, and everyone kicked off at ba.
The Sunday Times’ tech correspondent Danny Fortson brings on Jesse Powell, founder of crypto exchange Kraken, to talk about his first startup selling video game virtual goods (3:00), reading about bitcoin (9:40), why he thinks bitcoin will replace gold (12:00), launching Kraken (12:50), getting a banking license (15:00), selling tens of thousands of bitcoin (17:00), how widespread crypto actually is (20:40), the inherent weakness in the market (26:00), the Mt Gox bankruptcy (27:40), the impending failure of fiat currency (31:40), the power of the current system (34:35), raising just $20 million (36:00), and reaching the masses (40:00).
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