[Mad Dawgg]

"It was no different from any bank hack except the anonymity let the thieves escape.

That is a pretty big difference hahahah.

7% of all bitcoins just vanished. And you are trying to tell us the system is safe.

Sorry but reality trumps wishful thinking every time.

[varyouga]

Again, that was Mt Gox. A bank. It was not a breach of the bitcoin system itself. The system has never been breached. The bitcoins did not vanish. They became owned by someone else.

You take that risk when you leave anonymous currency on a public network. Regular banks are also hacked all the time but are insured by higher taxes and fees. It's always a tradeoff of privacy, freedom, stability and security. No currency is perfect