@zer0hedge....Correct. Both the Mt. Gox and Bitfinex hacks would have been multi-billion dollar heists if they happened today.It's the same thing with the DAO hack. That happened when ETH was only $20. If the DAO hack occurred right now, it would be roughly $4 billion in stolen funds..so, you could say that joint-stock colonial investments ended up being a financial revolution for most of the 1700s and 1800s, despite the way the SSC started the 18th century by the same token, the internet had company bubbles but both the technology and industry ("tech") and how it changed equity valuations/raising capital both ended up sticking around heheso i'd never just capital-raising colonialism, the tech sector and modern capital-raising, or cryptos on just 1 actor being a bubble ...local government. They were trying to buy the loyalty of tribal leaders by bribing them with precious stones. But their caravans were being raided in a forest north of Rangoon by a bandit. So we started looking for the stones. But after six months, we couldn't find anyone who had traded with him. One day I found a child playing with a ruby the size of a tangerine. The bandit had been throwing the stones away..thank you for sharing with us...
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MT.Gox and Bitfinex hacks!!!what do u mean, I didn't get it.