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It's highly likely this is a hoax. I don't even understand who this is allegedly written by? Gox themselves? Or is the 2nd slide written by someone else? Why w
by tlrobinson 13y ago
It's highly likely this is a hoax. I don't even understand who this is allegedly written by? Gox themselves?
Or is the 2nd slide written by someone else? Why would they hypothesize about the demise of Bitcoin, not to mention say "The reality is that MtGox can go bankrupt at any moment, and certainly deserves to as a company" about themselves?
- sylvinus 13y agoMaybe somebody like the Bitcoin foundation doing some crisis management and taking over what's left of MtGox to save the market?
- dragonwriter 13y ago> It's highly likely this is a hoax. I don't even understand who this is allegedly written by? Gox themselves? The only way I can see it making sense is if it is by someone inside Gox, probably (from the tone) without formal tasking, seeking to galvanize action from decision-makers in a mixture of denial and panic at the time it was written.
- gojomo 13y agoIt sounds like it's written from the vantage point of an incoming turnaround/bailout team, which explains the shifting perspectives. It's not quite existing management, but a wanna-be new team that shifts into speaking on behalf of the envisioned future incarnation. Still, I agree there's a high probability it's a hoax. Re-launch April 1? No discussion whatsoever of criminal liabilities? Tallying seized funds in others' hands (including CoinLab and USGov), pending legal cases, as assets? Totally fanciful belief there'd be donations and new buyers/investors ("cash injections to buy coins [that by the way actually don't exist] at the cheap MtGox price") through a 1-month shutdown-restart, where the only asset is Gox's brand? It's hallucinatory, to whatever extent it's not an intentional parody of other 'too big to fail' bailouts.