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Mt. Gox CEO Returns To Twitter, Enrages Burned Investors

samzenpus posted about 4 months ago | from the poking-the-bear dept.

Businesses 281

An anonymous reader writes Mark Karpeles doesn't seem to understand how much anger and trouble the $400 million Mt. Gox fiasco caused his customers. According to Wired: "After a long absence, the Mt Gox CEO has returned to Twitter with a bizarre string of tone-deaf tweets that were either written by a Turing test chat bot, or by a man completely oblivious to the economic chaos he has wrought. His first message after losing hundreds of millions of dollars worth of bitcoins? 'What would we do without busybox?'—a reference to a slimmed-down Linux operating system used on devices such as routers. He's also Tweeted about a noodle dish called yakisoba and Japanese transportation systems." Andreas Antonopoulos, the CSO with Blockchain says, "He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

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He didn't sacrifice a goat to the SJWs. (5, Insightful)

BlueKitties (1541613) | about 4 months ago | (#47277447)

We all know after any wrong doing, a person must offer up at least three goats to the Social Justice Warrior spirits in order to quench their bloodlust.

Re:He didn't sacrifice a goat to the SJWs. (0)

Anonymous Coward | about 4 months ago | (#47277513)

I'm actually surprised he's still alive. Losing that much money is bound to piss off the wrong person.

Re:He didn't sacrifice a goat to the SJWs. (1)

Cryacin (657549) | about 4 months ago | (#47277671)

He's in Japan. Surely there's nobody over there who would possibly want to use a completely anonymous and untraceable monetary system that would ever dream of causing any discomfort to another human being...

Re:He didn't sacrifice a goat to the SJWs. (1)

kylemonger (686302) | about 4 months ago | (#47277707)

If he'd lost Yakuza money presumably he'd already be dead. On the other hand if he is Yakuza...

Re:He didn't sacrifice a goat to the SJWs. (0)

Anonymous Coward | about 4 months ago | (#47277755)

He'd have been compelled to or otherwise coerced into killing himself.

Re:He didn't sacrifice a goat to the SJWs. (1)

Noah Haders (3621429) | about 4 months ago | (#47278385)

if he was yakuza, why would you assume he "lost" it?

Re:He didn't sacrifice a goat to the SJWs. (0)

Anonymous Coward | about 4 months ago | (#47278541)

Evidently, the Yakuza are too smart to lose their money on a silly gamble like Bitcoin.

Re:He didn't sacrifice a goat to the SJWs. (4, Insightful)

hairyfeet (841228) | about 4 months ago | (#47278153)

Why is this flamebait? Bitcoins were practically MADE for shady deals and businesses and these people threw their "property" into the hands of a guy who anybody with even a teeny tiny bit of due diligence would have been able to find out he knows less about financial exchanges and Internet security than my southern ass knows about snowblowers so they lost their e-gambling money...and? Why should he give a fuck? I'm sure HE made out like a bandit, HE got paid, should why should he care about those that threw their e-money on the table and lost?

Frankly this whole thing reminds me of those "only in FLA" stories where somebody goes bitching to the cops that their coke was cut with baby powder. If you use Bitcoins you are dealing with a currency that has ZERO safety nets, hell the reason why it became popular was places like Silk Road where you could buy anything and everything from drugs and CP to hitmen, and you trusted your BC to some yahoo that ran a fricking Magic:The Gathering trading club...really? And we are supposed to feel bad you got buttfucked after doing something so incredibly fucking stupid?

I'm sorry but I can't feel any more sorry for these geniuses than I can the stupid bitch that sent her life savings to a Nigerian prince...you threw it away on a scam, learn from your stupidity and move on. this guy isn't gonna care anymore than the 419 guys care about who they scammed, so why go on about it?

Re:He didn't sacrifice a goat to the SJWs. (1)

I'm New Around Here (1154723) | about 4 months ago | (#47278441)

Wait a sec. He had a Magic: the Gathering club? That's cool. I loved playing Magic back in the day. Never got too deep into it, but it was fun if you ignored the greedy bastards in it.

So he migrated from one overpriced product that made it easy to scam someone, to another.

Re:He didn't sacrifice a goat to the SJWs. (5, Informative)

Knuckx (1127339) | about 4 months ago | (#47278467)

MTGOX
Magic The Gathering Online eXchange

He couldn't even be bothered to get a new domain name...

Re:He didn't sacrifice a goat to the SJWs. (4, Insightful)

hairyfeet (841228) | about 4 months ago | (#47278571)

MtGOX stood for Magic the Gathering Online eXchange...see what I mean about due diligence? You are trusting millions of dollars in virtual property to a guy whose ONLY previous experience of note was running a trading club for a card game...really? NO experience in financial markets, NO experience in Internet Security or crypto, and THIS is whom you are gonna trust with a truckload of untraceable cash?

I'm sorry if this hurts somebody's feelings or is too rough of a wake up call but there is stupid, fucking stupid, and pants on head "WTF ARE YOU DOING DUMBASS???" levels of stupid and this whole thing? Firmly in the latter. It would be like saying that because I have run a little PC shop for years that qualifies me to be the head of the IMF...hell I've handled money, made change, not THAT much different...right?

This just in. (4, Insightful)

Anonymous Coward | about 4 months ago | (#47277501)

Man who quite obviously ran an elaborate scam and legally (as far as I'm concerned) stole money from a bunch of morons and suckers is a narcissist and sociopath. Are we supposed to be surprised?
This guy is like people who rob little old ladies and see nothing wrong with it.

Re:This just in. (1, Insightful)

sexconker (1179573) | about 4 months ago | (#47277577)

Man who quite obviously ran an elaborate scam and legally (as far as I'm concerned) stole money from a bunch of morons and suckers is a narcissist and sociopath. Are we supposed to be surprised?
This guy is like people who rob little old ladies and see nothing wrong with it.

How was it legal? He stole people's property.

Re:This just in. (0)

khallow (566160) | about 4 months ago | (#47277653)

If it wasn't against the law in Japan, then it's legal. He's still walking around so I guess it probably wasn't obviously illegal.

Re:This just in. (1)

Anonymous Coward | about 4 months ago | (#47277813)

If it wasn't against the law in Japan, then it's legal. He's still walking around so I guess it probably wasn't obviously illegal.

"Illegal" does not necessarily mean "moral".

Re:This just in. (1)

Anonymous Coward | about 4 months ago | (#47277839)

Correction: "Legal" does not necessarily mean " moral". Big difference.

Re:This just in. (1, Interesting)

Anonymous Coward | about 4 months ago | (#47277927)

Morals. Bitcoin. Hahahahahahahahahahahahahaha good one.

Re:This just in. (4, Insightful)

Anonymous Coward | about 4 months ago | (#47278211)

I know. I've been rolling on the floor watching these bitcoin reports go by. Someone creates an anonymous, untraceable and intentionally unregulated way of exchanging money. That should be your first clue to run the other way as quickly as possible. But instead, a bunch of people start shouting "hurray! this is wonderful! those damn governments and their rules! No we can put it to "the man" and not be burdened by their silly rules! Being anti-establishment makes us so cool!" somehow thinking that anonymous people on the internet are somehow more trustworthy. Then when the blind sheep are fleeced, the first thing that happens is a great hue and cry for "Call the police! I've been robbed! They've broken the law! Justice! I demand justice!" - going right back to the same governments they had decried before, back to the same rules and regulations that they had scoffed at before - all for the very same reasons that those rules and regulations and agencies had been setup in the first place - because anonymous people will rob you blind if you give them a chance. A lesson learned by most people ages ago - but something that is apparently news to the new generation of ever-so-wise, anti-establishment, internet geeks who somehow thing that basic human behavior is now different because they have a computer...

Sadly, no lesson was learned, no wisdom won. I've yet to see a post saying "oh, well, I guess there is a reason for those laws and regulations. I guess that thinking that a trick of technology could fix human behavior was naive. I guess this is what I should have expected all along." Alas, this also fails to surprise - it is also human nature to close one's eyes and fervently believe that the reason that one's pants are on fire couldn't possibly have anything to do with one's decision to walk through puddles of gasoline while smoking a cigarette...

Re: This just in. (0, Insightful)

Anonymous Coward | about 4 months ago | (#47278601)

You're right. We should only use approved credit cards because it is better to have all your transactions traced. Middlemen are great! Bonus for you is that *you* get to pay *them* to track you. Oh, and they can decline your card without any reason if it suits them. Digital currencies are coming and one day we will use them every day and say "Meh. What was the big commotion about?"

Re:This just in. (1)

rtb61 (674572) | about 4 months ago | (#47278561)

An interesting and dangerous reminder of the nature of bitcoins. I am sure there were many bitcoin users who expressly intended to cheat on taxes and hide other criminal financial transactions. I'd bet a lot of them wont be laughing until, well, Mark Karpeles, 'er', twitters no more. Likely safest place for him right now is prison. Bitcoin is a seriously dangerous currency to play with.

Re:This just in. (1)

khallow (566160) | about 4 months ago | (#47277949)

We are all quite aware that losing $400 million of your customers' money due to slapdash incompetence or outright fraud is immoral even when it is legal to do so.

Re:This just in. (5, Funny)

Anonymous Coward | about 4 months ago | (#47278013)

But nothing physical was taken. How is that loss different from pirated videos or music?

Re:This just in. (1)

khallow (566160) | about 4 months ago | (#47278227)

But nothing physical was taken. How is that loss different from pirated videos or music?

The value of pirated videos or music has no demonstrated value. There's no evidence that the provider of music or video actually suffered a loss. The bitcoins in question had a monetary value of $400 million. That is, they could be exchanged for that much at the time. $400 million buys you a lot of physical stuff.

Re:This just in. (0)

schnell (163007) | about 4 months ago | (#47278483)

There's no evidence that the provider of music or video actually suffered a loss.

Okay, here's some evidence for you. I will freely admit that if I could not have downloaded Season 3 of Game of Thrones, I would have shelled out $40 to get it on BluRay. HBO and/or the makers of the show and/or whatever retailer I would have bought the set from lost $40. I liked the shows enough to watch them but I really don't feel like paying $40 after having watched them all just to ease my commercial equivalent of a conscience. True fact and actual value lost.

So what now? Can we be done with the "nobody lost anything because of downloading" argument once and for all and move on to something more substantial as a reason for both copyright reform and ethical Internet usage?

Re:This just in. (1)

khallow (566160) | about 4 months ago | (#47278529)

So what now? Can we be done with the "nobody lost anything because of downloading" argument once and for all and move on to something more substantial as a reason for both copyright reform and ethical Internet usage?

Of course not. You aren't the only alleged pirate out there. And your behavior may be typical of the breed, but that hasn't been shown.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278629)

The value of pirated videos or music has no demonstrated value.

Really? How interesting.

The bitcoins in question had a monetary value of $400 million.

Yeah. Sorry. Your idea is terrible, and you should feel terrible.

I've seen more people hawking pirate DVDs on the corner than I ever have seen businesses accepting bitcoin.

If pirated content has no demonstrated value, then bitcoin has no demonstrated value.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278109)

And yet no one is willing to kill him. What a bunch of pussies.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278229)

Not all of "us" are 'aware' of what's moral. And that's kind of the big problem with "us".

Re:This just in. (1)

TsuruchiBrian (2731979) | about 4 months ago | (#47277837)

Or alternatively, whatever he did *was* illegal in Japan, but law enforcement was not able to prove what he did. I don;t know anything about Japanese law, but I do know that the fact that someone has not been imprisoned does not mean that they haven't committed any crimes, it just means they haven't been caught if they did.

Re:This just in. (0, Troll)

Anonymous Coward | about 4 months ago | (#47277657)

Bitcoins are property? Some people think so, but I don't. Even if they are, they have no intrinsic value. Only fake delusional value.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47277679)

Because, "You cannot cheat an honest man."

posting AC because I modded parent "insightful".

Re:This just in. (1)

Deadstick (535032) | about 4 months ago | (#47278103)

Because, "You cannot cheat an honest man."

Of course you can. Haven't you ever been shortchanged? You can't hustle an honest man.
Hustling is making the victim think he's cheating you.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278271)

You can "fool" an honest man, but you cannot cheat him.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278301)

In other words, if you try to hustle an honest man, you are only cheating yourself.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278367)

Because, "You cannot cheat an honest man."

Of course you can. Haven't you ever been shortchanged? You can't hustle an honest man.
Hustling is making the victim think he's cheating you.

An honest man can be both fooled and hustled, of course. That's easy for a hustler. Being honest doesn't mean or equal ignorance. An honest man chooses not to do what a dishonest mqn would do to him.

Re:This just in. (-1)

Anonymous Coward | about 4 months ago | (#47277881)

How was it legal? He stole people's property.

People gave him software bits that isn't stealing somebody's property. More over for all the crowing about how fantastic an unregulated and untraceable currency is there seems to a lot of idiots regretting the choice to store that data with some random corporation under no legal obligations to keep it safe or secure it against regulated assets.

You wanted unregulated and untraceable well now you see that has its pitfalls too, it's not all unicorns and rainbows.

Re:This just in. (1, Funny)

youngone (975102) | about 4 months ago | (#47277951)

But there are some Unicorns and Rainbows, right?

Re:This just in. (1)

asmkm22 (1902712) | about 4 months ago | (#47278057)

Virtual property.

Re:This just in. (1)

bloodhawk (813939) | about 4 months ago | (#47278143)

most countries do not recognise virtual goods as property (though that is changing) and they certainly don't recognise bitcoin as currency. As such even if it could be proved he stole them I doubt there is much that could be done in most countries, regulations have upsides as well as downsides, many with their heads in the sand didn't seem to realise this.

Re:This just in. (1)

murdocj (543661) | about 4 months ago | (#47278215)

What did he steal? It's not a currency, the whole point of bitcoin is that it doesn't have any of the usual financial protections. Now people find out that there's a downside.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278435)

What did he steal? It's not a currency, the whole point of bitcoin is that it doesn't have any of the usual financial protections. Now people find out that there's a downside.

Yep, and yup, it is stealing. Perceived value, perhaps, none the less, has value to some. Theft is theft. A rapist or murderer does not value his victim's body or life as having worth. That does not in any way mean the victimized has not worth, it only means the victimizer believes the victim has no worth.

Re:This just in. (1)

exomondo (1725132) | about 4 months ago | (#47278217)

He stole people's property.

Did he? They gave him bitcoins to hold onto for them, now the bitcoins are gone. That's about all we know. If he stole them then where are they? Or where are the proceeds of them?

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278335)

Wait, I'm confused. He absconded with strings of bits. Normally, on Slashdot, it is scoffed at that strings of bits can be "property" and can be "stolen."

Slashdot is the home of hypocrisy. (1)

Anonymous Coward | about 4 months ago | (#47278619)

Bitcoins want to be free.

Bitcoin libre!

Down with U$D!

Re:This just in. (1)

Anonymous Coward | about 4 months ago | (#47277713)

He's already a CEO but he's definitely cut out to be a politician. He just needs to work on his re-direction, and learn how to hide his wrong-doings.

Ah well no... (0)

Anonymous Coward | about 4 months ago | (#47278221)

Little old ladies, in civilized countries, typically have a revenue stream that will sustain them until their death. Meaning, unlike many other classes of people, they can afford to be robbed. Many young people, due to the wealth gap, need the money far more than the ladies do (they cannot afford not to rob). Furthermore, precisely since they are old and near death, they don't really need the money anyway (whereas the young people have long lives ahead of them and hence need the money more). Lastly, little old ladies tend to spend the money on stupid stuff like cute outfits for their pets, whereas young people are far more likely to spend the money either on necessities or (if they have enough) in some kind of investment that might yield a better future income.

So, really, it is in society's best interest that little old ladies be robbed by the youth.

Robbing investors, as Gox did, is an entirely different story, as the money he stole was from people who were trying to engage in the economy in a mutually-beneficial way, and who were depending on the returns for their livelihood, and who would (in most cases) have put the returns to good use. This is a moral outrage by comparison.

Re:This just in. (0)

Anonymous Coward | about 4 months ago | (#47278233)

Never trust fat people. Disgusting fucks can't even keep their hunger under control.

Busybox (5, Informative)

Anonymous Coward | about 4 months ago | (#47277517)

It's not an operating system.

Re:Busybox (2)

basecastula (2556196) | about 4 months ago | (#47277547)

Thank you for some sanity

Grub rescue console (0)

Anonymous Coward | about 4 months ago | (#47277765)

That's no operating system!

Re:Grub rescue console (1)

vandelais (164490) | about 4 months ago | (#47278413)

I think you're right. Chewie, turn the ship around!

Re:Busybox (1)

LordLimecat (1103839) | about 4 months ago | (#47278185)

Its GNU/Busybox, thank you very much.

Re:Busybox (0)

Anonymous Coward | about 4 months ago | (#47278677)

Busybox isn't GNU.

Re:Busybox (1)

Jody Bruchon (3404363) | about 4 months ago | (#47278457)

Busy box...equals successful hooker? *snork*

Most Important (1)

Princeofcups (150855) | about 4 months ago | (#47277535)

What did he say about yakisoba? Does he like? Hate it? Get some on his shirt?

Re:Most Important (2)

ShanghaiBill (739463) | about 4 months ago | (#47277859)

What did he say about yakisoba? Does he like? Hate it? Get some on his shirt?

In Japanese, "yaki" mean fried, and "soba" means noodles. So "yakisoba" is just fried noodles. There is a wide variety of yakisoba, with various additional ingredients and sauces. Unless you have celiac disease, you should be able to find some type of yakisoba that you like.

Re:Most Important (2, Funny)

B33rNinj4 (666756) | about 4 months ago | (#47278099)

That's where the money went. Yakisoba. A fuck-ton of it.

How do we know he's real? (4, Interesting)

Sowelu (713889) | about 4 months ago | (#47277575)

I mean, first thing I would have though is "that's not actually him".

Re:How do we know he's real? (0)

Anonymous Coward | about 4 months ago | (#47278653)

Here is a simple test someone could perform to find out if he is real. It also may ease tensions about feeling "ripped off" afterwards. http://www.anony.ws/image/D2GA

LOL (4, Funny)

Charliemopps (1157495) | about 4 months ago | (#47277585)

I have to say, the responses to his tweets are the funniest thing I've read all week.

Jon Eaton @sketchy1poker 20m
@MagicalTux die you fat fuck

Angry Mofo @angrymofo Jun 18
@MagicalTux Where's my Bitcoins you cunt ?

Icecream @Bird8880 Jun 15
@MagicalTux I hope you die in the next earthquake fat ass :)

Re:LOL (-1)

Anonymous Coward | about 4 months ago | (#47277735)

I would make a Pet Owl out of the fat little fucker....

Take a human. smash the arms, legs, knees with a sledge hammer.
bend the twisted limbs around a perch in a large iron cage. bind
the limbs so they grow into place. insert a PEG tube directly into
the stomach for liquid feeding. nasal feeding gets in the way of
the next stage. bust out all of the teeth. remove the tongue.
blinding is a nice option at this stage, but you might want to wait
on that to set the finished owl in front of a large mirror for some
weeks. cut the cheeks midline, break the lower jaw and collapse
the palate. at this point a stomach tube might be left with the
facial remnants formed into a "beak." keep a bucket underneath your
new Owl to catch wastes. have fun poking your Owl with thin, sharp
bamboo slivers. keep the owl on constant multiple antibiotics, and
switch these up so skin sepsis doesn't set in.

An alternate explanatio (5, Insightful)

Anonymous Coward | about 4 months ago | (#47277589)

OR.....the Twitter account could be compromised, and the attacker is trolling you. I mean, they don't exactly have a stellar security record.

Wow (0)

Anonymous Coward | about 4 months ago | (#47277597)

Sounds like perfect large enterprise CEO material!

many levels of ridicule in this article (4, Funny)

Trepidity (597) | about 4 months ago | (#47277599)

Quoting a guy named "The Arbitrageur (@FiatMoneyEnd)", complaining about how he had lost his money, was a particularly dry touch.

Re:many levels of ridicule in this article (2)

fuzzyfuzzyfungus (1223518) | about 4 months ago | (#47278113)

The sweet, sweet, smell of somebody who thought he had it all figured out learning what 'counterparty risk' is...

"...he is a self-absorbed narcissist..." (5, Insightful)

robocord (15497) | about 4 months ago | (#47277601)

"...he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

So you're saying he has what it takes to be a Fortune 100 CEO?

Re:"...he is a self-absorbed narcissist..." (0)

Anonymous Coward | about 4 months ago | (#47278139)

Or the President.

Re:"...he is a self-absorbed narcissist..." (0)

Anonymous Coward | about 4 months ago | (#47278241)

no, sounds like a typical libertarian (so no coincidence he was a bitcoin guy)

Not surprising (1)

grepninja7 (966645) | about 4 months ago | (#47277625)

I'm pretty sure any sane lawyer in the world would absolutely forbid him from talking publicly about Mt. Gox or anything that happened during the meltdown. Is there not legal action pending? Perhaps we should let the discovery process do work as intended. This article seems to accomplish nothing and I don't think it qualifies as news.

In other news, fools and their money soon part. (0)

Anonymous Coward | about 4 months ago | (#47277649)

"a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse"

I can see why he was attracted to Bittcoins

here is what I would do to Karpeles (0)

Anonymous Coward | about 4 months ago | (#47277677)

I would force him to drink a desert coffee beverage brewed with the tears of his own children as I burn their hands with a blow torch. Then I would get _really_ cruel on 'ol Fattums himself.... it would take him many days to finally expire, as his burned children watch his slow, slow torture.

Re:here is what I would do to Karpeles (0)

Anonymous Coward | about 4 months ago | (#47277703)

mmmmmmm........ delicious desert coffee beverage.....

ummm... (0)

Anonymous Coward | about 4 months ago | (#47277711)

Maybe it is just a guy who thought enough time had passed? He DID originally specialise inan exchange for magic cards. Either he is the best criminal master mind or just an average lucky joe.

Really? (0, Troll)

mark_reh (2015546) | about 4 months ago | (#47277727)

"He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

Either that or his head is firmly planted in reality and he, unlike many of the Mt Gox users, recognizes that bitcoins are worthless. No one lost a dime. People lost bitcoins ferchrissakes.

Re:Really? (2)

Garfong (1815272) | about 4 months ago | (#47277897)

Everything is worth what its purchaser will pay for it.
        -- Publilius Syrus

Re:Really? (3, Informative)

exomondo (1725132) | about 4 months ago | (#47277955)

"Give me your bitcoins, I'll hold onto them for you. They aren't regulated as a currency by the government (and you love that) also they are untraceable (you love that too), they are just data so if I lose them ... well I'll try not to lose them."

Who would have thought anybody with half a brain would actually fall for that, but they did, to the tune of like $400 million worth of the damn things!

Re:Really? (4, Insightful)

fuzzyfuzzyfungus (1223518) | about 4 months ago | (#47278179)

What is absolutely adorable is the (perennial, for some reason) crop of people who are attracted to bitcoins' interesting mathematical properties; but assume that these properties somehow magically transfer to mere paper that is merely denominated in bitcoins rather than in USD, bushels of wheat, Euros, or whatever.

You put a bitcoin in an account at one of these 'exchanges'? Well kid, I'm afraid I have some bad news: from the perspective of the bitcoin system, the exchange now owns the bitcoin. You just gave it to them. You now own some flavor of promissory note that's probably roughly on par with really shit commercial paper, except that it probably doesn't even offer interest to compensate you for the risk and time value. Good work on that.

If you want to enjoy the properties of bitcoins, You. Must. Hold. Bitcoins. IOUs, however you dress them up, do not have the properties of the currency or commodity in which they are denominated. If you want to bank, try a bank. Yes, they are abhuman scumweasels that enjoy massive regulatory capture in most markets; but unfortunately you don't really have better options.

Re:Really? (1)

drinkypoo (153816) | about 4 months ago | (#47278007)

Either that or his head is firmly planted in reality and he, unlike many of the Mt Gox users, recognizes that bitcoins are worthless. No one lost a dime. People lost bitcoins ferchrissakes.

As long as bitcoins can be exchanged for money, they have value and people who were planning to turn them into cash but lost them effectively lost money. People who planned to sit on them until they hatched are the only ones who lost nothing.

Re:Really? (0)

Anonymous Coward | about 4 months ago | (#47278487)

As long as bitcoins can be exchanged for money, they have value and people who were planning to turn them into cash but lost them effectively lost money.

They didn't "lose" anything, all they conceivably lost was exclusivity on access to a bitcoin address and exclusivity on deciding who it may be disseminated to. Same sort of thing with movie and music studios "losing" exclusivity on copyrights.

self-absorbed narcissist (1)

Nos9 (442559) | about 4 months ago | (#47277741)

So... He's pretty much like everyone else on Twitter?

bright future (2)

liquid_schwartz (530085) | about 4 months ago | (#47277757)

"He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse." The only question is with qualifications like these does he pursue Wall Street or sub-prime lending?

So? (5, Insightful)

Vyse of Arcadia (1220278) | about 4 months ago | (#47277775)

He's also Tweeted about a noodle dish called yakisoba and Japanese transportation systems. Andreas Antonopoulos, the CSO with Blockchain says, "He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

Sounds to me like he's just using Twitter the same way everyone else uses Twitter. Why does tweeting about yakisoba make him a remorseless narcissist? He may be that, but regardless Twitter isn't the best venue for heartfelt apologies. I bet he also failed to take responsibility for Mt Gox last time he sent a text or wrote a sticky note.

Re:So? (1)

Anonymous Coward | about 4 months ago | (#47277883)

Indeed, I'm not sure how writing inane microposts on a service designed for writing inane microposts is significant in any way. Now if he were to post, "All your coin are belong to me" we'd have a story.

Re:So? (4, Insightful)

Bite The Pillow (3087109) | about 4 months ago | (#47278377)

Twitter shaming has always felt wrong to me. There is a whole story of a person's day, and life, that went into whatever that tweet was.

And Wired just assumes that everything somehow is in the context of MTGOX, and should be interpreted that way.

Karpeles seems to think the internet will happily retweet his thoughts on the weather, and that speaks to the strangely disassociated character of the man who build the worldâ(TM)s most successful bitcoin exchange, and then lost it all.

Nope, not buying it. Your magical ability to decide what people are thinking is stupid and doesn't work right.

To be fair, Karpeles has answered some investors, telling them that thereâ(TM)s an inquiry going on and to check with the companyâ(TM)s website for updates.

That's not being fair. Does every post have to have a "PS Sorry for losing your money" appended to it?

I don't read replies to my tweets. Celebrities don't. Sponsors of tweets don't. People who have their friends on twitter do. Which camp is this guy in? Hint: he's not just tweeting to his buddy. That's pretty obvious.

He couldnâ(TM)t be reached for this story.

Did you try twitter? Did he just ignore you like he ignores most of the responses? Oh, I'm guessing this isn't really a two-way communication system for him like you use it. In fact, it may be possible that people use communication platforms in entirely different ways compared to how one reporter at Wired does.

Fuckhats.

Sure this guy's a major douche canoe. That doesn't mean we can read intent into every inane unrelated tweet he sends into the void.

there's a place to talk about what you want (0)

Anonymous Coward | about 4 months ago | (#47277873)

it's called your own damn twitter feed

lol (0)

Anonymous Coward | about 4 months ago | (#47277909)

Miners steal electricity from their gullible idiot employers, schools, universities, parents, municipalities to generate bitcoins. It's fine because if they didn't want me using their power for PURE PROFIT, they should have turned it off.

Magic The Gathering Online eXchange overlord steals Chuck-e-cheese Tokens from gullible idiots. It's not fine because they totally said we could trust them.

Bitcoin.

He's enjoying his $400M (0)

Anonymous Coward | about 4 months ago | (#47277981)

I'd be happy enough to tweet about busybox too if I had $400M in the bank.

What is he supposed to do? (3, Insightful)

Tailhook (98486) | about 4 months ago | (#47278021)

I'm evil incarnate and I'm about to punish myself on behalf of the Twitterverse

Ok... I'm cutting. I'm slicing my wrists right now

That was pretty deep. Blood everywhere. Hard to type

I'm so sorry. Your virtual money went to virtual money heaven and it's all my fault.

Getting dizzy now. cant..... focus

keyboard so sticky

i dndt thk that woold hepeen we tried too stipthem and it

i'm sorry

Bitcoin is not a place one goes to enjoy the protections of traditional state issued currency and state regulated banking. Twitter is not a place one goes to find sincerity. Slashdot is not the place to indulge your fake outrage.

Re:What is he supposed to do? (1)

Eskarel (565631) | about 4 months ago | (#47278279)

Slashdot is not the place to indulge your fake outrage.

Are you new here?

Re:What is he supposed to do? (0)

Anonymous Coward | about 4 months ago | (#47278343)

It's a wonderful life reboot?

Isn't this saying the same thing? (0)

Anonymous Coward | about 4 months ago | (#47278035)

CEO == "He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

Nothing he did was illegal or immoral. (0)

Anonymous Coward | about 4 months ago | (#47278043)

riojqwoieh38923hr9823hrj - I declare this sequence of characters to be worth $400 million, as long as nobody else uses it. Is it worth $400 million? What if at least one other person agrees with me? Is it worth $400 million now? If you take it and use it, do you owe me $400 million?

Copying bitcoins is no different from copying any other non-creative work - not protected at all by anything. At worst, he breached contract. Since only ponzi speculators invest in bitcoins, I'm not too bothered if their contract rights aren't protected - primacy of contract is overrated.

Re:Nothing he did was illegal or immoral. (0)

Anonymous Coward | about 4 months ago | (#47278097)

A a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse is how I would describe every bitcoin fanboy. Karpeles was just better at it.

Odd parallels (1)

iluvcapra (782887) | about 4 months ago | (#47278117)

He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse.

So basically he's just a Wall Street bankster, but with Bitcoins.

Re:Odd parallels (1)

Eskarel (565631) | about 4 months ago | (#47278285)

No because even junk bonds actually represent something of actual value.

Welcome to investing in unregulated markets (0)

Anonymous Coward | about 4 months ago | (#47278137)

Libertarian hipsters

Man uses Twitter for original purpose... (3, Insightful)

Anguirel (58085) | about 4 months ago | (#47278207)

This reads like it should be an Onion article. He's using Twitter for what it is typically used for -- self-absorbed useless posts. Why is anyone surprised? If they were all about how awesome his new $400 million yacht is, then I could see the issues. This is just that he came back to Twitter, and started using it normally.

Surprised? (0)

Anonymous Coward | about 4 months ago | (#47278321)

"He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

Or in other words, perfect executive management material.

Re-hired? (1)

Anonymous Coward | about 4 months ago | (#47278369)

I can't believe twitter re-hired him.

Andreas was commenting about who???? (0)

Anonymous Coward | about 4 months ago | (#47278657)

Andreas Antonopoulos, the CSO with Blockchain says, "He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."

Ironic comment is ironic.

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