14 February 2014

Watch This Man Confront CEO of Mt. Gox Over Missing Bitcoins

Something about bitcoin inspires people to jump on airplanes and fly to the other side of the world to protect their wealth. Maybe that’s part of bitcoin’s ‘inherent value’.


Kolin Burges was a software developer in London until the end of last year, when his vast Litecoin holdings suddenly went lunar. Concerned at the prospect of a Chinese New Year crash he moved much of his wealth back to Japan and Mt. Gox, only to find it locked in there around the same week.


Inspired by last week’s three-day sit-in protest by Australia’s pseudonymous CoinSearcher, Burges bought a last-minute ticket (at the cost of £850) and flew 12 hours from London to Tokyo to see for himself what was happening. He said:


Continue reading at CoinDesk


February 14, 2014 at 10:22AM