On Mt Gox

The Mt. Gox failure marks the end of bitcoin’s youth. New bitcoin companies are stepping up with institutional grade consumer protection, services, and government compliance – companies like @Blockchain @Coinbase @Bitstamp and @Robocoin. Bitcoin is robust and resilient. The protocol and fundamentals remain unchanged. Its businessmen and engineers are building tools to give consumers confidence that Bitcoin security, accessibility and storage are trustworthy. It’s a shame that many people lost money, but when underperforming businesses are replaced by innovative ones, the economy grows stronger. It’s a good day as bitcoin continues to grow up – a few blemishes along the way are natural and healthy. We expect bitcoin to grow even faster in the days ahead.

- Jordan

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s