Quote
Originally posted by: DonDiego
"The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for.
It remains unclear if the missing bitcoins were stolen, voided by technological flaws or both."
It is clear to DonDiego that any currency which can be "voided by technological flaws" is unlikely to be DonDiego's currency of choice.
Ref: ABC News
Originally posted by: DonDiego
"The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for.
It remains unclear if the missing bitcoins were stolen, voided by technological flaws or both."
It is clear to DonDiego that any currency which can be "voided by technological flaws" is unlikely to be DonDiego's currency of choice.
Ref: ABC News
Man 850,000 bitcoins lost...If you stacked them end to end they'd almost be a megabit!
If your virtually identical partner exchange just managed to misplace several hundred million dollars of virtual currency, I'd be a bit concerned that my bitcoin exchange has also misplaced my virtual currency...Perhaps they just haven't figured it out yet.
Maybe we'll get to witness the first electronic Run on a virtual currency. Unfortunately, unlike the Confederate Greyback or the 10 Million Mark Note or the 100 Trillion Dollar Zimbabwe Note I doubt there will be any collector's value in a Bitcoin....and they're too hard to melt.
