Posted on 02/11/2014 12:06:45 PM PST by Errant
And there is a lot of unknowns, like when did attacks actually begin on Mt. Gox. They've been having problems transferring funds to customers way before this.
Agree
“Bitcoin is toast. What? You thought they were going to let it survive? As a former Prosecutor most people truly have NO idea how powerful even a state government is.”
Yep, just witness how omnipotent the “guvmint” has been against the drug trade!
Or not.
Anyhow, I’ll keep an eye out for my “powerful” state government for sure... ;-)
As a further aside, I expect any government efforts to attack cryptocurrencies will fare about as well as an attack on barter. :-)
“...and so the bleeding obvious weakness of online currencies rears its ugly head.”
Sure. And the amazing strength of fiat currencies is evident, right? $75 billion per month of “quantitative easing”...good stuff. :-P
Everything in the world is worth exactly what someone is willing to pay for it. At the moment, it’s around $660 per bitcoin.
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