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10 years ago, the world's biggest Bitcoin exchange, MtGox, was hacked for approximately 850,000 BTC, valued at $450 million at the time. Since then, BTC has seen a return on investment (ROI) of over 9000%. The collapse of MtGox led to questions about the future of Bitcoin, with some merchants still accepting it despite the turmoil.
On this day… 10 years ago… The @WorldCryptoNet covered the Mt. Gox collapse live. #Bitcoin #History https://t.co/IoM06P2wJO https://t.co/AIigv2qZG5
10 years ago today I was interviewed for the first time about Bitcoin, because one of the first merchants in North Carolina started accepting it. MTGOX had just collapsed and the prevailing question was "is Bitcoin dying?" 😏 https://t.co/AaunNxYgrZ
Bankruptcy trustees and dead people have order of magnitude the best ROI in crypto. It's probably best that few understand this https://t.co/i0l8Q6Ir1d