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A comment on Defense in Silk Road Trial Says Mt. Gox CEO Was the Real Dread Pirate Roberts.

Re:Defense in Silk Road Trial Says Mt. Gox CEO Was the Real ... by malloreon on Thursday January 15, 2015 @07:59PM (#8896609)
If this is true then nearly all of bitcoin's growth over the last 3 years can be directly attributable to Mark Karpeles, either in the form of outright price manipulation, or the running of illegal goods marketplaces.
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Re:Defense in Silk Road Trial Says Mt. Gox CEO Was the Real ... by krapp on Thursday January 15, 2015 @08:36PM (#8896765)
It would be ironic if the gold standard for decentralized, anarcho-capitalist currencies turned out to be more centrally controlled than the USD....
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Re:Defense in Silk Road Trial Says Mt. Gox CEO Was the Real ... by mculp on Friday January 16, 2015 @12:03AM (#8897337)
"Centrally controlled" is not the same thing as one guy who has a very large stake.

Bitcoin, by definition, is not "centrally controlled." It doesn't matter how many coins any entity controls, there's nothing that it could do to actually break the system or remove the inherent value of bitcoin. The fact that there are thousands and thousands of miners and nodes around the world protecting the ledger (the blockchain) is what makes bitcoin so groundbreaking.

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Re:Defense in Silk Road Trial Says Mt. Gox CEO Was the Real ... by krapp on Friday January 16, 2015 @05:33AM (#8898092)
Ok fine. If not 'controlled' then manipulated, perhaps.
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