4 ms·
It's kind of sad to me that this even needs to be written out, it should be obvious: If you can't trust somebody, you have to break any financial transaction wi
by drcode 13y ago
It's kind of sad to me that this even needs to be written out, it should be obvious: If you can't trust somebody, you have to break any financial transaction with that person into little pieces.
To be fair, I'm guessing most people burned by MtGox in a big way were day trading, where this advice won't work.
This is part of the reason I never day traded bitcoin- The counterparty risk is (and clearly was) too great.