Article Snippet: "His company went bankrupt in 1989 because he was a perfectionist and refused multimillion dollar offers from both Netscape and Microsoft!"
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IJCH - Inside JaiChai's Head
(Meaning: My Warped, Personal Opinions and Musings)
From the Author:
Salutations.
I am JaiChai.
And if I haven't had the pleasure of meeting you before, I'm delighted to make your acquaintance now.
A tale of Perfectionism, Arrogance and Bankruptcy
Did you know that in 1982, a proto-cypherpunk published a groundbreaking paper on the technology of anonymous cash transfers, becoming the precursor to Bitcoin?
His company went bankrupt in 1989 because he was a perfectionist and refused multimillion dollar offers from both Netscape and Microsoft!
Still don't know his name?
Click on this link for the man's name, the name of his digital currency and story behind the rise and fall of his company.
Bonus Question: What was the MAIN DIFFERENCE between his model and Satoshi's blockchain model?
Click here for the answer.
By JaiChai
"Really Appreciate You Stopping By. Truly hope to see you again!"
And if you liked my post, kindly Tip, Comment and Follow.
This is YOUR TORUM INVITATION!
About the Author:
Believing that school was too boring, he dropped out of High School early; only to earn an AA, BS and MBA in less than 4 years much later in life – while working full-time as a Navy/Marine Corps Medic.
In spite of a fear of heights and deep water, he performed high altitude, free-fall parachute jumps and hazardous diving ops in deep, open ocean water.
After 24 years of active duty, he retired in Asia.
Since then, he's been a full-time, single papa and actively pursuing his varied passions (Writing, Disruptive Technology, Computer Science and Cryptocurrency - plus more hobbies too boring or bizarre for most folk).
He lives on an island paradise with his girlfriend, teenage daughter and two dogs.
(JaiChai 2-7-2021. Simultaneous multi-site submissions posted. All rights reserved.)
