My take on the document is that it makes no sense for the following simple
reason:

If you take a look at the page that says "Financial Assets and
Liabilities", they list their Bitcoin assets as "2,000" and the Bitcoin
liabilities as "744,408" all of which they count as "theft" that took place
over a 5 year period.

That means that over a period of 5 years, they lost 99.7% of their Bitcoins
and didn't notice it until recently.

Think about that for a microsecond.  OK, take your time if it doesn't sink
in that fast.


On Tue, Feb 25, 2014 at 3:00 PM, James Bowery <jabow...@gmail.com> wrote:

> Today's ruckus started with the anonymous posting of this document:
>
> http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft
>
> The veracity of the document has not been established and there are
> reasons to believe it is not authentic.
>
>
> On Tue, Feb 25, 2014 at 1:59 PM, Terry Blanton <hohlr...@gmail.com> wrote:
>
>> What are you talking about?
>>
>> On Tue, Feb 25, 2014 at 2:37 PM, James Bowery <jabow...@gmail.com> wrote:
>> > To be clear, the source of this news was a document that apparently was
>> > forged.
>> >
>> >
>> http://www.theguardian.com/technology/2014/feb/25/bitcoin-exchange-mtgox-offline-amid-rumours-of-theft
>> >
>> >
>> > On Tue, Feb 25, 2014 at 11:18 AM, Terry Blanton <hohlr...@gmail.com>
>> wrote:
>> >>
>> >> From Japanese exchange MtGox, now closed.  No guarantees, no
>> >> insurance.  Someones are out half a billion bucks.  One of the largest
>> >> thefts in history (excluding congressional thefts).
>> >>
>> >
>>
>>
>

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