While bitcoin and other virtual currencies are relatively new to most people, Brock Pierce became familiar with them in the late 1990s.
A fan of the video game Sanctum, which sold virtual packs of cards not unlike baseball cards, he says, “This intangible object had value. … Its utility was just as much as it had been if it were physical, and in some ways, arguably better because you could play with people all over the world.”
