legitimacy

“Compliance-Enabled Legitimacy is Key to Bitcoin’s Survival”

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Interview with Megan Burton, founder and CEO of CoinX

Early last month, at a Bitcoin pitch contest organized by Ultra Light Startups, the winner, Atlanta-based CoinX, beat the competition by a landslide.  To be precise, the show-stealer was actually Megan Burton, its founder and CEO.  John Frankel, partner of venture-capital firm ff Venture Capital, one of the three expert judges in the panel, said to me: “It was a strong presentation.  She came across as someone who has done her homework and her strategy seems sound.”

Megan, whom I was delighted to meet in person last week at the Inside Bitcoins conference in New York City, has graciously agreed to an interview.  Enjoy!

Juan: Please tell us about your background and how you got involved with Bitcoin.

Megan: My background is in internet and payments security.  I first came across Bitcoin in the spring of 2012, when reading an article on the BBC website about a foreign currency exchange that had been shut down as a result of a security breach.  Nothing out of the ordinary, except that this breach had been due to an encryption Continue reading →