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Bitcoin Heists Cause More Trouble
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Mathew
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Mathew,
User Rank: Apprentice
3/6/2014 | 4:27:47 AM
Re: Rotten in Denmark
I think Bitcoin's troubles come from within. The developer/chief behind Mt. Gox, for example, didn't code clean-enough code to prevent very, very patient attackers from finding a way to exploit the exchange. Likewise, Internet-connected virtual wallets are a sitting duck.

There are now more than 30 cryptocurrencies available. If Bitcoin dies, many more can take its place. I'd say this is less a fatwa against cryptocurrencies, and more of a Darwinian thing. Which, when you're dealing with developing stable monetary systems, is exactly how it should be.
asksqn
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asksqn,
User Rank: Ninja
3/5/2014 | 4:21:58 PM
Rotten in Denmark
I can't help but think that the utter annihilation of cryptocurrency is a concerted effort by the central banking cartel to destroy the threat Bitcoin et al. clearly poses to the status quo.


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