2 ms·
On one hand I feel really bad for a lot of these people, but there were so many flashing lights and warning signs around MtGox that these people had to see putt
by meddlepal 13y ago
On one hand I feel really bad for a lot of these people, but there were so many flashing lights and warning signs around MtGox that these people had to see putting money into this company was a bad idea right?
The exchange was a cobbled-together technical-mess that was originally supposed to be used for trading cards. They made a quick pivot and tried to wing it as a financial institution.
Hopefully the BTC and finance community learn from this disaster. There is going to be a huge market for a highly-regulated exchange run by banks and investment houses in the near future.
- pmorici 13y agoYeah, the only possible excuse is if you were new to Bitcoin and went with Gox because it is what was mentioned in the media most often. When I first got into it a year ago I used Gox for a couple weeks before I realized it was totally FUBAR and got out.