Post
Topic
Board Bitcoin Discussion
Greed is good. Don't punish value creation.
by
iCEBREAKER
on 20/06/2011, 00:47:38 UTC
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Subject: Mt Gox has been hacked
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From: A Bitcoin Supporter <Bitcoin@unknown.com>
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Date: Sun, 19 Jun 2011 18:15:16 -0500
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Dear Sir or Madam,

A few hours ago the Bitcoin trading website Mt Gox has been hacked. Malicious individuals have been able to obtain a database containing usernames, email address and encrypted passwords. This information has been posted publicly on the internet.

As a Bitcoin supporter I'm now sending a message to every email address contained in the hacked database. This is to warn you that your username, email address and password have been leaked. I therefore strongly advice you to change your passwords. If you have used the same password on different websites it's highly recommended to change your password on all of your accounts!

For a more secure alternative to Mt Gox, the community appears to be moving to TradeHill. So this is no reason to lose faith in Bitcoin itself. It must be seen as a warning that not every website can be trusted with your data however! Their link is http://www.tradehill.com/?r=TH-R15683 (Note: You can remove the Referral Code when registering if you want!) This is certainly not the only website where you can exchange Bitcoins, also check out http://www.thebitcoinlist.com/dp_bitcoin/bitcoin-exchange/

Sincerely,

A Bitcoin supporter
1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7

I for one, think that TradeHill should block referrer TH-R15683 from any commission.

Ms. Bitcoin Supporter should be given a double commission for her timely assistance to the bitcoin community in its hour of greatest need, not punished!

She has provided a valuable service by informing the compromised users with info they badly needed to know and respond to, while MtGox was still in denial mode and dropping the ball.  The same thing happened at Gawker!

By including a link to the leading MtGox alternative, Ms. BS also gave compromised users the option of using that tool in their responses.

Let's examine the altruism meme that demands Ms. BS not gain anything for herself but possible self-satisfaction.

-  Without the greater incentive provided by the referral link, Ms. BS may have been less motivated and waited longer to send out her email blast.

-  Because Ms. BS opens herself up to (now demonstrated) recriminations from TradeHill, and possible retaliation from the MtGox hackers, there is an unspoken, subtle demand that Ms. BS sacrifice herself for others, without reward.

I could go on, but I'm sure all you bright bitcoiners have already gotten the point.