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MAR 05, 2014 - PandoDaily

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Lessons from failure: For bitcoin to flourish, changes are needed at all levels

Shocking as Mt. Gox’s implosion has been, it’s not the only bitcoin exchange to fail and gobble up customer funds with it. Less than a week following the Gox bankruptcy, another exchange failed, as Alberta, Canada-based Flexcoin shut down citing the theft of 896 bitcoins worth approximately $600,000 at the time of the announcement. China’s GBL evaporated in November,...    

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