3 ms·
>Real people lost a lot of BTC on Mt Gox, so I'm not sure how the BTC stories are in outer space. That was the fault of Mt. Gox, not bitcoin. Also the fault of
by hitpointdrew 6y ago
>Real people lost a lot of BTC on Mt Gox, so I'm not sure how the BTC stories are in outer space.
That was the fault of Mt. Gox, not bitcoin. Also the fault of uneducated users, don't leave your bitcoin sitting at an exchange.
- pjc50 6y ago^ This is what I meant by the bitcoin community defining fraud as "not fraud, also your fault"
- hitpointdrew 6y agoYou clearly don't understand how bitcoin works. Saying Bitcoin is flawed because Mt. Gox got hacked, is like blaming the manufacturer of your car because it was stolen when you left it in parking garage with no attendant, and left the keys in the ignition with the window down. There was no technological flaw with bitcoin itself, there was plenty of technical flaws with Mt. Gox web site.
- FireBeyond 6y agoRight, and Enron, E&Y style frauds were the fault of those companies, not fiat money. But ask a BTC True Believer and they will talk about how inherently flawed money is with respect to this because of how people act, and yet BTC is not inherently flawed despite how people act.
- hitpointdrew 6y agoYou clearly don't understand how bitcoin works. Saying Bitcoin is flawed because Mt. Gox got hacked, is like blaming the manufacturer of your car because it was stolen when you left it in parking garage with no attendant, and left the keys in the ignition with the window down. There was no technological flaw with bitcoin itself, there was plenty of technical flaws with Mt. Gox web site.