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It most certainly is a business. They have employees, charge fees, and make a profit (or are supposed to). Exchanges are businesses, and MtGox is most certainly
by burnte 13y ago
It most certainly is a business. They have employees, charge fees, and make a profit (or are supposed to). Exchanges are businesses, and MtGox is most certainly both an exchange and a business.
- krapp 13y agoFair enough I guess, but I could have an office with a secretary at the front desk and charge people money to extract their teeth, yet that wouldn't actually make me a dentist. I meant Mt.Gox isn't a business in the sense that businesses, typically, have regulatory frameworks they have to follow, and standards to meet. Particularly when they deal with currency. Maybe I should have said there's no reason to expect them to act like professionals.
- icebraining 13y agoI could have an office with a secretary at the front desk and charge people money to extract their teeth, yet that wouldn't actually make me a dentist. Sure you would, just not a licensed one.
- mcdougle 13y agoThey're a business. Just not a good one.