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Many with a vested interest in bitcoin are desperately performing damage control, evident in every thread about this issue. Mt. Gox was a, har de har har, Magi
by corresation 13y ago
Many with a vested interest in bitcoin are desperately performing damage control, evident in every thread about this issue.
Mt. Gox was a, har de har har, Magic card trading site (and ebay is for pez dispensers), and everyone knew that it was fatally flawed and fundamentally incompetent...that it was often cited as the go-to if you wanted to get into BC was just a lot of people who don't know what they're talking about, and everyone burned deserved what they got.
That it was by far the largest such site, and its metrics were canonical for BC was just an oversight, cheered on by ignorant people. And the fundemantal, basic malleability flaw, that still existed in the reference client, was "clearly" documented in some wiki page somewhere in 2011.
And if another exchange falls, the excuses will appear immediately, making it evidently clear that all was known to any in the know long before.