Mt. Gox Finds 200,000 Missing Bitcoins

Re:Mt. Gox Finds 200,000 Missing Bitcoins by teacup50 on Friday March 21, 2014 @02:56AM (#7441011)

Why on earth would you have faith in handing out your cryptocurrencies' private key?

Is this just a symptom of the wrong-headed thinking around cloud SaaS, where data and continuity are considered to be of such low value that they can be entrusted to any number of external parties?

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Re:Mt. Gox Finds 200,000 Missing Bitcoins by vertex-four on Friday March 21, 2014 @06:47AM (#7441526)

Because people have faith in handing out their money, which is much the same thing. The concept of a bank or exchange literally running away with your money is not a thing which happens to most people.

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Re:Mt. Gox Finds 200,000 Missing Bitcoins by john_b on Friday March 21, 2014 @01:02PM (#7443376)

Except deposits are insured up to a cap that most people never exceed. MtGox offered nothing remotely comparable.

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