2012-09-05 news.bbc.co.uk - Bitcoin theft causes Bitfloor exchange to go offline

[Seal]

One of the biggest Bitcoin currency exchanges has been taken offline after 24,000 units ($250,000; £157,800) of the virtual currency were stolen from its computer servers.

http://www.bbc.com/news/technology-19486695

[Seal]

This will do big favours for the coverage of bitcoins. The bbc has massive a global reach in terms of audience.

[hazek]

Yep this is one of the better articles clearly stating that the theft occurred due to a serious mistake of the owner/operator and not some kind of a flaw in Bitcoin..

[Akka]

Yep this is one of the better articles clearly stating that the theft occurred due to a serious mistake of the owner/operator and not some kind of a flaw in Bitcoin..

But most people don't understand it anyway.

I already got this article from a college nowing I'm into BTC. With the comment, "See I told you its a scam".

[kiba]

Yep this is one of the better articles clearly stating that the theft occurred due to a serious mistake of the owner/operator and not some kind of a flaw in Bitcoin..

But most people don't understand it anyway.

I already got this article from a college nowing I'm into BTC. With the comment, "See I told you its a scam".

They will keep saying it's a scam years after years until they realize that this isn't a scam.

[P_Shep]

Thought this was well written.
(i.e. no bias against!)

[Akka]

It is very well ritten. But the average office worker has no Idea what unencrypted "keys" means.

They just read hackers can easily access them and steal you money.

Had a lot of explaining to do today.

I explained it like this:

Having unencrypted keys would be the same as if your online banking account has no password and everyone knowing you account number could access it.

Most did understand this. I think I even got a few of my coworkers intersted and they will read a bit more about bitcoin.