Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: noob2001 on February 26, 2014, 02:54:52 PM



Title: .
Post by: noob2001 on February 26, 2014, 02:54:52 PM
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Title: Re: Is it safe to say bitcoin did its job?
Post by: RGBKey on February 26, 2014, 02:56:38 PM
I wouldn't say it's the job of bitcoin to let gox get away with this, but the network was designed to be impartial.


Title: Re: Is it safe to say bitcoin did its job?
Post by: corebob on February 26, 2014, 02:57:42 PM
I would say yes. MtGox was unable to mass-produce btc in order to hide their problems and kick the can down the road


Title: Re: Is it safe to say bitcoin did its job?
Post by: paullinator on February 26, 2014, 03:42:07 PM
Yes. By not being bailed out with inflated bitcoin. Mtgox took down the money of ONLY those people who made the decision to keep their money in a clearly failing company. Everyone else was spared the potential inflation needed to bail them out. This is the free market at work.