How the World Stopped Producing Enough Money, Feat. Emil Kalinowski

Japan and Sweden have now become the latest "bitcoin allies." Emil Oldenburg, co-founder of Swedish bitcoin exchange Safello, has now relocated to Tokyo, Japan to start a new security firm with some of his fellow bitcoin experts. The company, WizSec, is being created to perform unofficial analysis of the transaction records of Mt. Gox, the massive Japan-based exchange that lost nearly half-a-billion of its customers' bitcoins and is now facing massive lawsuits and heavy cleanup. As Oldenburg states: "I saw an opportunity in Japan and decided I needed to act now, as it wouldn't be there....

A lot of people, including mainstream media outlets, still think that Bitcoin is all about reinventing the way we use money around the world. Even though the underlying blockchain technology has the potential to disrupt the monetary ecosystem as we know it, there is no need to reinvent money right now. However, the financial ecosystem needs a technology....

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WizSec Founding Team: Kim Nilsson, J. Maurice, Emil Oldenburg. The co-founder of Swedish exchange Safello has left the company to join a team of bitcoin security experts in establishing a new Tokyo-based consulting firm. The move should also see him assisting the investigation into Mt Gox's missing bitcoins. Emil Oldenburg, who was also Safello's chief technology officer, left Sweden just last month and is now an official co-founder at WizSec, a new startup that has been performing unofficial analysis of Gox's transaction records. Oldenburg told CoinDesk he was looking for something....