That this was Bitcoin was of no consequence. The hack was of a web site that hap... | Hacker News

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lutorm on June 19, 2011 | parent | context | favorite | on: 500k Bitcoins traded in 1h, Mt.Gox market hacked +...

That this was Bitcoin was of no consequence. The hack was of a web site that happens to provide an exchange for Bitcoin, not the Bitcoin network. It could have been an exchange for anything.

william42 on June 20, 2011 [–]

The proliferation of amateurs with even less security than Sony is a predictable side effect of decentralization.

chmike on June 20, 2011 | [–]

I have more trust in Darwin's law than banks, banking rules and centralized control to solve this issue.

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