29 March 2014

Does The Fall Of Mt. Gox Mark The Beginning Of The End For Bitcoin? [MUO Debates]



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Does 2014 mark the beginning of the end for Bitcoin? Is this the end of the road for electronic currency? Why the melodrama? Well, Mt. Gox, the Bitcoin exchange, was allegedly hit with a series the of thefts totaling an astonishing 745,000 Bitcoins. It was probably just a matter of time, as hackers had been working diligently at breaking into Mt. Gox servers for years and grabbing the loot. Other exchanges claimed that the issues were isolated only to Mt. Gox servers, but that didn’t prevent investors around the world feeling a bit on edge about the security of this...


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