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"the auditing and security features were not explicitly looking for negative balances". WTF, who are these clowns that purport to be running the equivalent of
by fiatmoney 13y ago
"the auditing and security features were not explicitly looking for negative balances".
WTF, who are these clowns that purport to be running the equivalent of a bank?
It's like everyone running a BTC exchange either is corrupt or slept through the part of Databases 101 where they explained "this is why transactions are important, here is banking as an example". Seems likely both.
- deleted 13y ago[deleted]
- rayiner 13y agoI think it's just the rush to be first on the scene and capture the perceived network advantages that arise from being first. These are MVP's.
- bunderbunder 13y agoI think we're seeing now that they're actually just MPs.
- jnbiche 13y agoI don't know...I hesitate to bestow the "product" label on sites that take away value, instead of adding it. In fact, I think they're just M's.
- jamesaguilar 13y agoIf the V stands for "good enough to get people to pay you," then you have to admit that this product had it.
- jonknee 13y agoThe people who typically make and run these things are sitting on the sidelines until the legal issues are worked out. It's not exactly surprising that the people willing to risk jail time for first mover advantages aren't the best at finance/development/risk.