Jed McCaleb on the Creation of Mt. Gox

Mr Obnoxious - Podcast autorstwa Peter McCormack

Kategorie:

Interview location: San Francisco
Interview date: Wednesday 30th Jan, 2019
Company: Stellar
Role: Cofounder

In February 2014 Mt. Gox suspended trading and filed for bankruptcy after approximately 850,000 Bitcoins were stolen, at the time, valued at more than $450m. At the time of its demise it was being run by Mark Karpelès who had acquired the site from Jed McCaleb in 2011.

In this interview I talk to Jed about the creation of Mt. Gox, the handover to Mark Karpelès and what responsibility he shares for its collapse.

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Timestamps:

00:00:06: Introduction to the Mt. Gox Series
00:04:42: Interview introduction
00:05:11: Jed’s background and beginnings in crypto
00:06:08: Why was Jed interested in Bitcoin?
00:06:40: Thoughts on the crypto space in 2019
00:08:56: Introduction to Stellar
00:10:46: Beginnings of Mt. Gox
00:12:59: Why Mt. Gox was so successful at the time
00:13:57: What goes into building an exchange and some of the challenges
00:16:38: Mt. Gox’s first days of trading and problems encountered
00:20:08: Security at Mt. Gox
00:22:11: The next chapter for Mt. Gox; handover to Mark
00:24:11: Jed’s problems with Mark
00:27:34: Interval
00:29:25: When Jed became aware of the Mt. Gox hack
00:31:46: Discussing the WizSec report and bitcoins lost at Mt. Gox
00:39:42: Jed’s current relationship with Mark
00:41:39: Summary about Jed’s current feelings about Mt. Gox
00:45:24: Exchange hacks in 2019
00:46:11: How to take crypto forward in 2019
00:49:01: About Stellar and how they are encouraging new usage
00:51:44: How to keep in touch with Jed

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Helpful Links:

Connect with Jed:
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On Twitter @JedMcCaleb
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On Wikipedia
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His website: http://jedmccaleb.com/
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On LinkedIn
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On CrunchBase
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On AngelList

Connect with Stellar:
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On their website: https://www.stellar.org/
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On Facebook
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On Twitter
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On LinkedIn
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On GitHub
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On Reddit
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On Keybase

Mentioned in the interview:
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Slashdot article about Bitcoin
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eDonkey2000
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Double spend problem
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Magic the Gathering
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Liberty Reserve
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Mt. Gox
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Mt. Gox Collapse
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WizSec - Breaking open the MtGox case, part

Other relevant WBD podcasts:
- WBD058:
Trace Mayer on Why You Must Own Your Bitcoin Private Keys

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