View Single Post
Old 04-08-2013, 08:21 AM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 61,646
Quote:
Originally Posted by woj View Post
translation: oh, and by the way $200 Million worth of bitcoins were stolen so far, even though only .00000001% of the world's population use it and that only includes big known heists, but hey, nothing to worry about, they'll just need to beef up the security a little...
start-ups hemorrhage cash, as a vc, i assume he's looking at the security issues as a start-up issue cash leak that is solvable.

also, i was reading the comments to the article, one of them stated the actual amount is 5%, not the 10%.

nevertheless, i'm not trying to get anybody to buy in, it's all an incredible risk, but it's all very fascinating. whatever happens, the infrastructure and awareness are being put in place and will remain regardless of what happens to btc.
dyna mo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote