Topic: Freedom and Responsibility - or: why you FAILED if you lost money in MBC crash (Read 9403 times)

WOW man you are a MASTER of the obvious after the fact quattro.

I for one MUST hear more from you on a daily basis.  RUN (don't walk) and setup a video podcast immediately.  In it you can tell us all the news (like a week later) and tell us how you knew all along how it was going to work out.  Oh here is a suggestion you can hold a conference just like bruce in NYC but have it like 2 weeks later and tell us all that he might possibly do wrong in his conference that you "knew was gonna happen"  I know i would sign up and be there because i just LOVE YOU MAN.

Your words are just so poetic.  Like when you asked if Bruce had flown down to meet the people before he put his money in.  Wow I am so proud of you.  Man I am sure Bruce never thought of that months after the fact. Since you said in the quote above you "pulled everything out of mybitcoin" I can only assume you took your own perfect advice and took a plane there before you ever put money in.  So tell us master of the obvious when you met the people behind mybitcoin what were they like?  What made you put bitcoins in mybitcoin in the first place?

Looking forward to your conference and podcast creations quattro  ... coming soon I hope ....
 
Solarpower

MyBitcoin.com USERS HAD BITCOIN STOLEN. They are returning a portion 49% of them to you: Not sure where to send them? CALL ME. 646-580-0022

So, before you "trusted" your money to mybitcoin.com, recommended to personal friends that they trust "mybitcoin.com", and recommended mybitcoin.com to people online, you spent +/- $2000 to fly down and meet the people behind it ... right.

I think you need to look up the word trust.

The second day I got into bitcoin I knew it mybitcoin.com was bad news and pulled everything out of mybitcoin.com.

The damage you have done to bitcoin is immeasurable.

After mtgox, there is no excuse for this ... heck even before mtgox there was no excuse. It's basic common sense ... something a lot of people seem to be missing.

There is  reason his videos have so little viewership ... watch one if you can stand it for more than a few minutes.  It's like the blind leading the blind.

People like this need to be weeded out of bitcoin for it to succeed ... and that's exactly whats happening.

Bitcoin has enough hurdles to pass before true widespread adoption can be achieved.

Of course if you listen to Bruce, Shell stations will be accepting bitcoins any day now.  On the contrary a lot has to happen before that is possible.

Yeah I expected more from Bruce from a security stand point.

Yeah I expected more from Bruce from a security stand point. I do remember him emphasizing securing your passwords for multiple websites that are sensitive in nature that relate to bitcoin. Why he would leave an open door to be taken advantage of like this I cannot understand especially with an amount of bitcoin as 25k.

That's the equivalent of taking $250,000 of your own money and saying let me store it in someone else's bank account in which they have the authority to access the funds at will and I trust them.

No one in their right mind would ever let some unknown/faceless person you never met store your $250k in THEIR bank account. And on top of that the recommending of using the same process to others to store their bitcoins and countless worth in dollars is like 10 times worse.

The first thing I would have done is taken the 25k bitcoins and broken them up into 1k lots and stored them in separate wallets on separate jump drives that have duplicates store off site of where I am at locked up in a safe (not the bank of course).

Decentralization of the storage of your bitcoins is probably the best idea one can use to protect their investment.

So, before you "trusted" your money to mybitcoin.com, recommended to personal friends that they trust "mybitcoin.com", and recommended mybitcoin.com to people online, you spent +/- $2000 to fly down and meet the people behind it ... right.

I think you need to look up the word trust.

The second day I got into bitcoin I knew it mybitcoin.com was bad news and pulled everything out of mybitcoin.com.

The damage you have done to bitcoin is immeasurable.

This was the oldest, longest standing bitcoin eWallet site in existence.   It had a strong record of stability.   It had been around nearly since the beginning of bitcoin itself.    People who trusted using an eWallet at all...  trusted it.   It had 10s of thousands of account holders.   Some of the smartest, most reputable, long-standing bitcoin community leaders used it.    Only two people ever complained about me recommending it.   But neither could ( or were willing to ) give me any concrete reasons why they shouldn't be trusted.... other than, "I just have a bad feeling about them."    At the time, that sounded like saying the same thing about MtGox.  They had never given me, or any other users any reason to believe that they were not reputable.   Also, it was by far --- and still to this day --- the easiest and most feature rich eWallet in existence.

You have no idea how much I regret recommending mybitcoin.com   I  do not have suicidal tendencies.    I have been through things even worse than this in my life.    What doesn't kill us makes us stronger.

In a few hours from now...  tomorrow morning.... I will tape an episode of The Bitcoin Show as a monologue....  just me, talking about all of this... all of my thoughts and feelings and lessons learned.... and my new convictions and new directions of advocacy ( as I'm sure you can guess what they include )...

I have not lost any faith in Bitcoin, nor in OnlyOneTV.    It has brought me back down to earth..... and HARD....  slammed my face down on the pavement.   I am no expert, and I try to emphasize that as often as possible.    But, at the same time,  I do not take my responsibility as "someone people listen to" lightly.    The pain of losing 25,000 of my own bitcoin is nothing.   Nothing at all.    Compared to the pain of knowing that my recommendations have led to the loss of so many others.   That tears my heart out.   You have no idea how much.

At first, it felt like I was kicked in the gut by an angry horse.   I've felt that pain in my gut constantly every since.   But on top of that, moments later, the realization that everyone I know and love and care about....  and how many other strangers who listen to me....  have lost their bitcoin in this as well....   and I've pretty much not stopped crying since Friday.    Even though I have been at the office, and I have put on a normal face for people...    That's why you haven't seen me on the air.     I have to regain my composure, get it together, get my head and my thoughts together, determine where to go from here, and what to say to the audience.

The worst is facing all the people I love most in my life....  and telling them what happened.... one by one.    They trusted my advice without hesitation.    And now I have to tell them what happened.    I suspect that nothing that could happen to me in my life will ever cause me as much pain as I am experiencing right now....  just thinking of how I will tell them.   These are not techie geeks like you guys.   These are normal people.   They are not to blame.   And, yes, in hindsight, I should have known better.   Hindsight is so 20/20.

This was the oldest, longest standing bitcoin eWallet site in existence.   It had a strong record of stability.   It had been around nearly since the beginning of bitcoin itself.    People who trusted using an eWallet at all...  trusted it.   It had 10s of thousands of account holders.   Some of the smartest, most reputable, long-standing bitcoin community leaders used it.

... and I've pretty much not stopped crying since Friday.    Even though I have been at the office, and I have put on a normal face for people...    That's why you haven't seen me on the air.     I have to regain my composure, get it together, get my head and my thoughts together, determine where to go from here, and what to say to the audience.

The worst thing about this is that early adopters are losing Bitcoins they would probably invest back into the Bitcoin economy/infrastructure, losing them to people who will rather just sell them for fiat money.

If even we can’t secure our Bitcoins, even with the help of third parties, then how the hell are non-technical people supposed to?

Earlier this year...

"Let’s Make Some Predictions...
Finally, there will be massive breakage in bitcoins. If your laptop crashes and you didn’t back up your bitcoins, well, you’re SOL. If someone steals you laptop that has 10,000 bitcoins on it you won on Bitcoin Poker, you’re SOL. Lost your USB drive with 500 bitcoins on it after a night out on the town? You’re SOL."

This was the oldest, longest standing bitcoin eWallet site in existence.   It had a strong record of stability.   It had been around nearly since the beginning of bitcoin itself.    People who trusted using an eWallet at all...  trusted it.   It had 10s of thousands of account holders.   Some of the smartest, most reputable, long-standing bitcoin community leaders used it.    Only two people ever complained about me recommending it.   But neither could ( or were willing to ) give me any concrete reasons why they shouldn't be trusted.... other than, "I just have a bad feeling about them."    At the time, that sounded like saying the same thing about MtGox.  They had never given me, or any other users any reason to believe that they were not reputable.   Also, it was by far --- and still to this day --- the easiest and most feature rich eWallet in existence.

The only truly valuable things we have are the relationships we develop with other people. Money is ultimately just an idea, and the amplified emotional force of losing it is ultimately a result of the monetary system in which we have developed. Criminal behavior and monetary losses will continue to be ubiquitous until such time as we decide to leave this outdated and increasingly destructive system behind and start using our reason to provide for and care about all of our fellow human beings.

Ultimately, money does not care for or about us. We should stop caring for and about it.

Only two people ever complained about me recommending it.   But neither could ( or were willing to ) give me any concrete reasons why they shouldn't be trusted.... other than, "I just have a bad feeling about them."    At the time, that sounded like saying the same thing about MtGox.  They had never given me, or any other users any reason to believe that they were not reputable.   Also, it was by far --- and still to this day --- the easiest and most feature rich eWallet in existence.