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It’s not a very strong argument. Whether the fall of Mt. Gox or China’s latest pronouncement was “good” for Bitcoin is fundamentally unknowable. Perhaps Bitcoin
by jaredklewis 5y ago
It’s not a very strong argument. Whether the fall of Mt. Gox or China’s latest pronouncement was “good” for Bitcoin is fundamentally unknowable. Perhaps Bitcoin price and adoption would be even higher now if not for these events, we just don’t know. But we can’t just claim they were all good for Bitcoin just because none of them killed Bitcoin.
- rawtxapp 5y agoMtGox really hammered home the "not your keys, not your coins". China bans and unbans it every other week, people learn to ignore it. It's difficult to know what would have happened in a counterfactual world, but most bad news also had silver linings so far.