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re: Bitcoin Exchange Mt. Gox lost $350 million worth of bitcoin?

Posted on 2/25/14 at 10:08 am to
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47543 posts
Posted on 2/25/14 at 10:08 am to
quote:

Just to be clear, I didn't start this thread as some sort of "I told ya so." I'm generally curious what guys like TH03 and Wiki, who are actually very knowledgable on this whole thing, think this means for the future of Bitcoin and cryptocurrency.


I asked months ago what Wiki thought of the potential for Old-Money brick/mortar/cash banks to actually FUND these hackers?

It makes perfect sense why they would do it and nobody gave a clear answer to why they WOULDN'T?

They won't put a public $25 mil bounty on bitcoin's proverbial head but they damn sure wouldn't mind paying it under the table.

Governments and banks will crush bitcoin IMO. And it'll look like it's just two dudes in a dorm hacking away, while keeping the real culprits' hands clean.
This post was edited on 2/25/14 at 10:10 am
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