Posts discuss Japan’s Bitcoin adoption momentum being damaged by “one incompetent company” that was hacked and “lost all the funds.” Language includes "fucked it all up," questions like "Which company?", and responses urging to "Google it." Keywords: bitcoin, btc, coincheck, japan, hacked, lost funds, trust, yen.
Created 2 days ago • 12 documents • Range: 4/9 6:58am – 4/9 8:24am
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
It was like that with stocks, in Germany. There was all of this hype over the Volksaktie (Deutsche Telekom) and a bunch of pensioners and stuff bought into it at the ATH and lost a fortune when the neu market crashed. That's why Germans are surprisingly poor. They own no houses, they own no gold, they own no stocks. Just Deutsche Mark, which became the Euro funny-money.
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
I didn’t know that about shops adopting back then. What a shame
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Nope, that was early days. We had shops accepting BTC until those Gox fucks fucked it up for everyone
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
I thought you meant something recently
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Mt. Gox (2010–2014): Headquartered in Tokyo, Mt. Gox was the world’s leading Bitcoin exchange, once handling over 70% of all global Bitcoin transactions. It suffered multiple security breaches, culminating in a 2014 collapse after losing 850,000 Bitcoins (worth roughly $450 million at the time). Coincheck Hack (2018): This remains one of the largest cryptocurrency thefts in history. Hackers stole 58 billion yen (approx. $530 million) in NEM tokens. The breach prompted the Japanese Financial Services Agency (FSA) to significantly tighten regulations on crypto exchanges. Zaif Hack (2018): In September 2018, the Osaka-based exchange Zaif lost approximately 6.7 billion yen ($60 million) in various cryptocurrencies, including Bitcoin.
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Google it, the fucks that got hacked and lost all the funds in Japan
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Be careful when following the masses. Sometimes the M is silent. 💜🫂
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Here, climb under my rock, there's room 🤓
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Fuck that, I’ll pass 😂☕️
"Bitcoin had such a good adoption momentum in Japan, until one incompetent company fucked it all up and made a bad name for it. People are simple creatures, if the majority doesn’t trust something, everyone else will follow without thinking."
Moaning Cupcake 💜🚒🇬🇧😎 Be the difference 💃🎶
