Re:I, Token: The untold story of the hole in Bitcoin's heart
by kbob on Monday August 02, 2021 @10:01PM
(#28044953)
> Namely, consider a huge exchange like Binance, which could technically run off with everyone's money.
> I bet it won't though, precisely because it's SO BIG
Quoth the Wikipedia:
Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan.[1] Launched in July 2010, by 2013 and into 2014 it was handling over 70% of all bitcoin (BTC) transactions worldwide, as the largest bitcoin intermediary and the world's leading bitcoin exchange.[2][3][4][5]
> I bet it won't though, precisely because it's SO BIG
Quoth the Wikipedia:
Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan.[1] Launched in July 2010, by 2013 and into 2014 it was handling over 70% of all bitcoin (BTC) transactions worldwide, as the largest bitcoin intermediary and the world's leading bitcoin exchange.[2][3][4][5]