Skip to main content

View Diary: Janet Yellen: Fed Has No Authority To Regulate Bitcoin (31 comments)

Comment Preferences

  •  What seems to be emerging... (0+ / 0-)

    is that Mt. Gox got a  $75 million bill for server services that they could not pay.  So they liquidated their customer's bitcoins at the going rate and declared bankruptcy.  In the process they invented a story about a stolen key.  Not sure that this is the full story, but it is the way that the techie discussion is moving.

    Bitcoin currency movements are public and transparent.  It should be obvious where the Mt. Gox bitcoins went even if it isn't obvious where any dollars or other currency went.

    50 states, 210 media market, 435 Congressional Districts, 3080 counties, 192,480 precincts

    by TarheelDem on Fri Feb 28, 2014 at 05:56:52 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

  • Recommended (129)
  • Community (63)
  • Bernie Sanders (44)
  • Elections (35)
  • Hillary Clinton (28)
  • 2016 (27)
  • Culture (27)
  • Climate Change (26)
  • Civil Rights (23)
  • Environment (22)
  • Science (22)
  • Labor (18)
  • Law (18)
  • Barack Obama (17)
  • Spam (17)
  • Media (17)
  • Republicans (17)
  • Trans-Pacific Partnership (15)
  • White House (14)
  • International (13)
  • Click here for the mobile view of the site