Topic: Conspiracy theory: MtGox staging long painful death (Read 1775 times)
as Marks father I can confirm this. He just wants to do good buy his friends, why do you keep attacking him guys? Not cool.
inscenating?
whoops
I really couldn't get past that.
eczsuse me poor anglais yer lord.
Me forign immigrant skum
Get a spell checker if you don't have one. Preferably an anglais one.
Conspiracy theory.
inscenating?
whoops
I really couldn't get past that.
eczsuse me poor anglais yer lord.
Me forign immigrant skum
inscenating?
If there was government-wide interest in killing Bitcoin, they would have done so already. I think they are still in a wait-and-see mode. If during that time there is a lot of legitimate interest (and tax-generating businesses around) Bitcoin, they will absolutely not shut it down. Whatever troubles MtGox has gone through has been entirely self-inflicted.
That doesn't match with the libertarian egoism expected of a Bitcoiner.
What a hero, I'm touched.
What a hero, I'm touched.
interesting brain-fart !
A slow demise of Gox would certainly be better for BTC than an instant collapse for sure. It would be chaos. The bad press that would ensue would leave a terrible smell and knock confidence big time IMO, whereas a slow death would not get much coverage at all.
Whether it is intentional or just the actions of an insect trapped in a web still hoping to escape is another matter
A slow demise of Gox would certainly be better for BTC than an instant collapse for sure. It would be chaos. The bad press that would ensue would leave a terrible smell and knock confidence big time IMO, whereas a slow death would not get much coverage at all.
Whether it is intentional or just the actions of an insect trapped in a web still hoping to escape is another matter
So here's my morning's brain fart:
US banks and US govt are circling around Karpeles' business. He knows that the Powers that Be have decided MtGox' death. He can't win this epic battle legally.
Also it's been said multiple times in this forum: bitcoin economy is too centralized around a single exchange. For the sake of Bitcoin's success, elephant MtGox has to go.
Karpeles knows that and he is a strong believer in the bitcoin idea. To the point of sacrificing his own business for the success of bitcoins.
So rather than going out with a big boom he is doing the bitcoin economy a favour by making MtGox slowly fail and die.
In such context Roger Ver's video kinda makes sense. He's helping Gox' slow exit from the scene. He is not lying but his act is meant to be ambiguous and not inspiring confidence.
Karpeles: the hero that bitcoin community deserves, but not the one it needs right now
EDIT: corrected most of the spelling mistakes to please our native English speaking friends. But left some just because it's a nice day outside.
US banks and US govt are circling around Karpeles' business. He knows that the Powers that Be have decided MtGox' death. He can't win this epic battle legally.
Also it's been said multiple times in this forum: bitcoin economy is too centralized around a single exchange. For the sake of Bitcoin's success, elephant MtGox has to go.
Karpeles knows that and he is a strong believer in the bitcoin idea. To the point of sacrificing his own business for the success of bitcoins.
So rather than going out with a big boom he is doing the bitcoin economy a favour by making MtGox slowly fail and die.
In such context Roger Ver's video kinda makes sense. He's helping Gox' slow exit from the scene. He is not lying but his act is meant to be ambiguous and not inspiring confidence.
Karpeles: the hero that bitcoin community deserves, but not the one it needs right now
EDIT: corrected most of the spelling mistakes to please our native English speaking friends. But left some just because it's a nice day outside.
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