Is This the End of Crypto?

Re:Is This the End of Crypto? by AlotOfReading on Thursday November 17, 2022 @02:01PM (#33643848)

I remember getting into Bitcoin in early 2010 when the pizza thing happened. Even back then it was hyped to me as an investment and an alternative to the corrupt financial system.

There's always been an undercurrent of this stuff. The eternal September came years later, after big scams like Mt Gox had already long imploded.

[ Parent | on HN ]

Re:Is This the End of Crypto? by origin_path on Thursday November 17, 2022 @02:45PM (#33644535)

Mt Gox wasn't a scam, just very poorly run.

[ Parent | on HN ]

Re:Is This the End of Crypto? by AlotOfReading on Thursday November 17, 2022 @04:21PM (#33645904)

I guess you could argue that it wasn't a scam because it wasn't the leadership doing the theft, but it's a bit of a meaningless distinction in the end. Lots of bitcoins were stolen, withdrawals were halted, and customers lost their money regardless.

[ Parent | on HN ]