I understand your point about Mt Gox but that is an isolated incident unrelated to Block Chain Tech and cryptocurrency. That was a case of embezzlement which is a crime as old as the Bible.
Mt Gox is not stopping the historical evolution of BCT any more than Bernie Madoff’s $50 Billon embezzlement stopped Wall St. investing.
BCT is a revolution leading to decentralizing the transactional world of commerce including rendering banking obsolete.
I study history and make it my business to spot things that are disruptive to the status quo.
As a newly qualified PhD Candidate in Statistics and Computer Science in 1995, I interviewed for a contract position as the 14th team member of a small internet startup in Seattle. My bias led me to turn down their job offer as I saw them as a fly-by-night company that I thought wouldn’t make it. That company called themselves Amazon.
Never again would I ignore signs of disruptive historical change.
I invite you to reconsider your shuttering bias for learning as you will be left behind and forced to catch up later.
Read this statement from the Senate Banking Committee from last Tuesday: