 |
April 11, 2013, 08:16:04 PM |
|
This is horribly reminiscent of the Fukushima disaster, thankfully not in human cost, but in highlighting the management disconnect and incompetence in Japanese companies. I'm pretty sure the guys who managed the infrastructure knew there were significant problems but japanese employees are not exactly encouraged to say anything that might cause any loss of face to their managers. It couldn't have come at a worse time for bitcoins when the public spotlight was turned directly on it. It was bitcoins' chance to shine and the results are awful. If it was just a successful DDOS hack attack and temporary downtime, then the public would have understood. Instead if it was indeed the result of totally inadequate capacity and security planning - i.e. fundamental mismanagement - then the management team should be publicly outed. The reputational damage to BTC is irreparable. I hope I'm wrong.
|
