Quote:
Originally Posted by jscott
Funny how people attacking bitcoin as if it was the problem. This arrest was based on 1 guys bad decisions. It's like if US dollar was being attacked because of Kenneth Lay and the Enron scandal LOL
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Well said.
It's goes deeper - the press coverage of this is obviously slanted to fool people like ADG into thinking these guys are actually involved or in control of Bitcoin. The financial sector has a lot of status quo players who will jump on anything that may undermine confidence in cryptos.
BTC has a very precarious confidence curve still (that will go away eventually) - so anything even slightly threatening to the system will cause a crash in confidence (and price) - these guys getting arrest won't slow the train down one bit.