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I have never followed the heard and have learned through experience to trust no one. Eventually, under certain circumstances anyone will betray their closest. Just as in nature, even a mother animal will sacrifice its offspring to predators for self survival.
Did you lose a bunch of bitcoin from Mt. Gox? The “destination” of the digital currency from bitcoin’s most infamous theft is “definitely” known — but the finders won’t say where those coins are currently located.
Mt. Gox, the largest bitcoin exchange at the time of its headline-grabbing demise, declared bankruptcy after the theft or disappearance of 850,000 bitcoins valued at $450 million in February 2014, along with $27 million in cash. Although 200,000 were eventually found, the location of the remaining 650,000 remained unknown and the subject of much speculation over the last three years.
ssible sale is huge.
Patrick Byrne, the controversial entrepreneur who runs Overstock.com, is exploring options to sell the online retailer, whose stock has soared amid this year’s cryptocurrency mania, to fund an ambitious attempt to make a global property registry on blockchain. Hernando de Soto, a well-known Peruvian economist who argues that formalising land rights is key to alleviating poverty, has joined forces with Mr Byrne in the latest attempt to leverage the distributed ledger technology to tackle social problems. Mr de Soto and Mr Byrne, a long-term cryptocurrency and blockchain enthusiast who waged a campaign against short selling, have formed a non-profit venture called De Soto, Inc. that intends to gather local informal ownership records into a blockchain database. A pilot is expected early 2018.