Just the Facts with Gerald Posner

Just the Facts with Gerald Posner

Gerald Posner: 6% of all Bitcoin in circulation missing after unreported theft - gives a new meaning to unstable

Gerald Posner's avatar
Gerald Posner
Feb 25, 2014
∙ Paid

A leaked document obtained by a blogger shows that about 6% of all the Bitcoin in circulation (nearly $400 million) has gone missing from an exchange that allowed users to buy and sell.

Every time I begin thinking that this wildly fluctuating currency might morph from outlaw to mainstream, a story like this screams 'not yet.'


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