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Re:A Major Coinbase Milestone: 1 Million Consumer Wallets by mbesto on Thursday February 27, 2014 @01:50PM (#7314094)
Simple - because YC, a16z, USV, SV Angel, etc all have skin in the game.[0] There are some serious people with some serious money who have reputations to uphold. AFAIK Mt. Gox had none of that.

[0]http://www.crunchbase.com/company/coinbase

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