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DOMINIC HRABE | Why Blockchain Will Change EVERYTHING | Millionaire Secrets #2

Unlock Your Potential with Jeff Lerner

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The Decentralized Network and Bitcoin

In the case of Mount Gox, that guy who owned it was, you know, I'm not to go off on a tangent, but he just was ill equipped as a fiduciary of those funds. He did not have proper security, security elements in place. And so a lot of people lost a lot of money. But if they were to hack it, it would immediately destroy the value of Bitcoin. So incentives aren't aligned, right? Yeah, it's like burning up the a box of money so that you can get the money out.

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