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If you were cashing out as the money was coming in, then you wouldn't have lost all of it in a "hack", would you? So, which is it? Would you have lost all of i
by mthoms 5y ago
If you were cashing out as the money was coming in, then you wouldn't have lost all of it in a "hack", would you?
So, which is it? Would you have lost all of it in a hack or would you be withdrawing straight to a bank balance because you abhor "hoarding"? It can't be both.
- idlewords 5y agoIt would have been up to the grand wizards at the Magic the Gathering Online Exchange. I don't remember what the process was back then for converting bitcoin into real money, and if they offered ACH transfers or what.
- jodrellblank 5y agoI like the way you scarequote 'hack' as if the MtGox hack was made up FUD[1]. And the way you change "I didn't think of keeping it" to "you abhor hoarding". If he didn't lose it all in said hack because he was selling it back for US dollars as it came in, then he wouldn't have got fabulously wealthy from holding it; in that case why should he have accepted Bitcoin if it was only a less convenient, more effortful, more risky way to get ordinary amounts of money? It can't be that the only reason for Pinboard to accept Bitcoin in 2013 was to get rich quick, and it's not a get rich quick scam, it can't be both at the same time? It's like the problem where every time travel dicussion has turned from Morks and Eloi, becoming your own grandpa, treading on a butterfly in the Jurassic period and altering all history to "I'd buy Apple shares" "I'd buy Bitcoin" "I'd tell my parents to buy Apple shares" "I'd buy crypto" "I'd buy crypto" "I'd buy crypto". [1] https://blockonomi.com/mt-gox-hack/ https://blockonomi.com/mt-gox-hack/