2012-05-28 Forbes: Lex Mercatoria: The Emergence Of A Self-Regulated Bitcoin

[PawShaker]

Lex Mercatoria: The Emergence Of A Self-Regulated Bitcoin

5/28/2012 by Jon Matonis, Contributor

As the Bitcoinica brokerage saga metastasizes yet again with the shocking revelation that no recent database backups exist, earlier security warnings to the company’s founder are being reviewed.  One observer suggested that “as the potential payoff of a hacker approaches $1 million, the likelihood of being hacked approaches 90%.”
[...]

http://www.forbes.com/sites/jonmatonis/2012/05/28/lex-mercatoria-the-emergence-of-a-self-regulated-bitcoin/

Another place wgere the same text is available:
http://themonetaryfuture.blogspot.com.au/2012/06/lex-mercatoria-emergence-of-self.html

[hazek]

Matonis like a BOSS.

Another excellent piece!