In Defense Of Bitcoin, Andreessen Compares Mt. Gox To MF Global

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Venture capitalist Marc Andreessen has come to Bitcoin’s defense, comparing the collapse of its best known trading platform Mt. Gox to MF Global’s fraud and subsequent bankruptcy in 2011, report William Alden and Rachel Abrams for The New York Times, but the comparison highlights exactly why investors see Bitcoin as a high risk investment.

In Defense Of Bitcoin, Andreessen Compares Mt. Gox To MF Global

“This is like MF Global, not...

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