There comes a point where incompetence is indistinguishable from malice.
MtGox has had so many incidents that they would have faced sanctions in a regulated market. But then the people giving money to MtGox should have seen just how flaky MtGox was.
It is sad and frustrating that this happened. I kind of want bitcoin to take off. And I especially want to avoid saying "told you so" because that's just being a dick.
Not really. A year ago, it had already been crap for quite a while... it just still had a sizable club of apologists saying "don't be so hard on them, they've done so much good".
MtGox has had so many incidents that they would have faced sanctions in a regulated market. But then the people giving money to MtGox should have seen just how flaky MtGox was.
It is sad and frustrating that this happened. I kind of want bitcoin to take off. And I especially want to avoid saying "told you so" because that's just being a dick.