Tim,

There has been some very high demand for setting up donations with
BitCoins. Troubles like the one you're quoting do occur, but there's a
difference between a service like an exchange platform and BitCoin
itself.

Best,

Charles. 

Le Mon, 18 Nov 2013 09:24:31 -0500,
Kracked_P_P---webmaster <[email protected]> a écrit :

> 
> I think with this type of Bad Press and questions, it would be wise
> to remove the Bit Coin option from the donation page.
> 
> I do not know what the future of that service will be, but it is "too 
> shaky" for LO to "promote it" as a way to donate to our cause.
> 
> To be honest, I was never a "fan" of the Bit Coin "service" and did
> not think it was a good idea for alternative to regular ways of
> "money" transfers between people and organizations/companies.
> 
> 
> below it an article about theft and fraud of customers' Bit Coin
> "money".
> ---------------------------------------------------------------------------------
> 
> http://www.businessinsider.com/bitcoin-exchange-gbl-holding-41-billion-vanishes-2013-11
> 
> 
> A Bitcoin Exchange Holding $4.1 Million For 1,000 Customers Has
> Simply Vanished
> Jim Edwards Nov. 12, 2013, 8:41 AM 39,628 37
> 
> 
> REUTERS/Jim Urquhart
> 
> 
> A Chinese Bitcoin exchange that held up to $4.1 million in users' 
> accounts has gone offline and everyone involved with it has vanished, 
> according to CoinDesk.
> 
> The GBL exchange claimed to be based in Hong Kong but turns out to
> have been headquartered in China. The Hong Kong Standard reports:
> 
> The company appears to have launched in May 2013, with its domain 
> btc-glb.com registered on 9th May and a post later that month by
> Bitcoin Talk forum user zhaoxianpeng promoting the site.
> 
> Some mainlanders went to the IFC office listed on its website, but
> this turned out to be a false address.
> 
> Fourteen of them made a report to the Hong Kong police.
> 
> WantChinaTimes notes that GBL had not obtained any of the usual
> business licenses required to operate a financial services company.
> Bitcoin banks and exchanges have a habit of disappearing, the WCT
> says:
> 
> Research conducted by Southern Methodist University assistant
> professor Tyler Moore and Carnegie Mellon University assistant
> professor Nicolas Christin found that 18 of the 40 Bitcoin trading
> platforms set up in the past three years had closed, including
> TradeHill, which was once the second largest in terms of transaction
> volume.
> 
> Moreover, 13 of the discontinued services closed without any prior 
> notice, while the remaining five were forced to shut down following 
> hacker attacks. Only six of them were known to have offered refunds
> to users.
> 
> Business Insider noted just a few days ago that an Australian Bitcoin 
> bank, "Tradefortress," closed with $1 million in Bitcoin funds
> missing. The bank turned out to be operated by an 18-year-old boy who
> lived in a block of apartments in Hornsby, a suburb of Sydney.
> 
> 



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