Post
Topic
Board Bitcoin Discussion
Re: The Warrant against Dwolla and Bitcoin: The Beginning of the End of Bitcoin
by
BTCisthefuture
on 16/05/2013, 04:06:44 UTC

But, I am not sure whether to be angry with MtGox for not making sure their operation was completely legal and could withstand legal attacks, or with the DHS for being overzealous in protecting Americans from imagined menaces.



I'm certainly more angry at Mtgox.  Looking at how the CEO filled out those wells fargo documents, he just flat out lied on them. Period.

It seems like every week or month it becomes more and more obvious that the guy running Mt. Gox simply has little to no experience in running a company like this and really has no idea what he's doing.  It's been problem after problem and mistake after mistake.

I look at this is a positive thing in the long run.  Yes in the short run it could cause a lot of problems for the bitcoin community.  But in the long run things like this are needed so other people have a clear understand how to follow the laws and operate a bitcoin exchange.