4 ms·

Video game console != currency exchange company.

• gwern 14y ago
  That was not my point at all. My point was that patio11 is, shamefully, engaged in well-poisoning by bringing up the distant origins of MtGox, which have zero relevance to any consideration of MtGox's current professionalism, security, regulatory compliance, risks to users etc. (A point that you would think would be obvious to anyone on Hacker News, who is aware of how companies 'pivot' all the time.) It has changed too much, isn't even owned or run by the same people, and has a long enough and spotty enough track record to judge on its own. I illustrate the irrelevance and fallacy by applying the same well-poisoning to a pleasingly symmetrical example: another Japanese company which was also set up to deal with playing cards - Nintendo. No one would dream of judging Nintendo by its playing cards origin, because that was a long time ago, different people are involved now, and it has ample room to judge it since. Just like MtGox.
  • gwern 14y ago
    For example, MtGox shutting down trading is a great argument against its competence! But it shutting down trading has nothing to do with its origins as a card trading site. Bringing that up is pure rhetoric.