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I don't have much confidence that the dozens of other starry eyed bitcoin startups out there are any better prepared than Mt. Gox was at operating a high stakes
by snorkel 13y ago
I don't have much confidence that the dozens of other starry eyed bitcoin startups out there are any better prepared than Mt. Gox was at operating a high stakes financial exchange.
This phase in bitcoin history would be less painful if there wasn't so much hype driving the price up. There's going to be a lot of bugs, hacks, and developers learning how exchanges actually work in the real world, so it'd be better for bitcoin if that maturity phase happened under calmer circumstances where less money was at stake.