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There are several flaws that are still not fixed. This known vulnerability only "suspended trading" because people started using it too much. The other vulnerab
by drakaal 13y ago
There are several flaws that are still not fixed. This known vulnerability only "suspended trading" because people started using it too much. The other vulnerabilities aren't "in the wild" but offer similar exploits. I suspect that as soon as MTGox resumes we'll see a new exploit take its place.
If I were a conspiracy nut I'd tell you that the Merchant Services companies were responsible. But more likely I think that these issues are just the result of there being enough money at play now that there are those looking to beat the system and so instead of being a community of "hippies" who just want peace and love, the BTC community now has armed muggers and cat burglars. That's what happens when the hippies get to a point that they could buy mansions with imaginary coins they trade.
- untilHellbanned 13y agoWhom might you be referring to when you say "Merchant Services companies"? Coinbase? Others?
- drakaal 13y agoLady Visa and Master Card. The companies that have the most to lose if cryptocurrencies take off
- illuminate 13y agoThey certainly do not. Western Union has more to lose.
- drakaal 13y ago68% of Western Union users are unbanked. You think people who live on Cash, because they need absolute liquidity are going to user BitCoin?