2min chapter

Acquired cover image

Bitcoin

Acquired

CHAPTER

The Death Spirale of Bick Coin

When mount gox goes under, seven per cent of all the bik coins in circulation are just blown out of the sky. Just in client dollars, that's twenty two and a half billion dollars of bit coin to day that are are just they exist. If you know the private key, you're not sending it anywhere. Up gone. So fortunately, though, by the time this starts to happen and mount gox enters, it's sort of mid 20 13, t beginning oTwenty 14 death spiral.

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