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To: Secret Agent Man
Bitcoin has had security problems.

So do banks, ATMs, credit cards, debit cards, walking down the street with a couple of twenties in your pocket...

13 posted on 03/20/2015 5:53:24 AM PDT by Sirius Lee (All that is required for evil to advance is for government to do "something")
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To: Sirius Lee

http://nypost.com/2015/03/19/evo-admins-make-off-with-12m-in-bitcoins-after-closing-site/

‘Evo’ admins make off with $12M in bitcoins after closing site

Drug dealers and their clients alike are seething after Evolution, an eBay-like exchange for illicit goods, abruptly closed this week, taking more than $12 million in customers’ bitcoin with it...

Details are sketchy, but a moderator for the so-called Dark Web trading hub with the user name “NSWGreat” said it appeared to be an “exit scam” perpetrated by Evolution’s own two administrators, individuals who go by the aliases Verto and Kimble.

News of the heist sent bitcoin prices tumbling more than 10 percent Wednesday, trading as low as $248.41 as worries mounted about the virtual currency’s vulnerability to hackers and criminals. Since Monday, bitcoin prices have tumbled 12.1 percent to $255.30 at Wednesday’s close.


14 posted on 03/20/2015 5:59:53 AM PDT by Syntyr (Happiness is two at low eight!)
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To: Sirius Lee

Yeah, but the point is it doesn’t solve themsecurity problems. I think some people will believe from this article no security issues will exist with it.


17 posted on 03/20/2015 10:47:34 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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