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re: Can all Bitcoin exchanges just shut down without any explanation like Mt. Gox?

Posted on 2/25/14 at 12:39 pm to
Posted by cyogi
Member since Feb 2009
5141 posts
Posted on 2/25/14 at 12:39 pm to
quote:

Any bank can fail,

Yes, and I don't know much about bitcoin either, but "regular banks" are regulated, backed by FDIC (even though for not a huge sum of money), and in many cases in the U.S. bought/bailed out if in trouble.


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