For Bitcoin, a Secure Future Might Require Traditional Trappings

Nearly half a billion dollars has gone missing, and nobody knows how. Some say there was outright theft. Others suspect fraud. Many blame lax controls, poor oversight and, above all, a reckless, globe-spanning, Wild West culture — a culture that everyone agrees is ripe for wholesale reform.I’m not talking about Bitcoin. I’m talking about Citigroup, which disclosed last week that its Mexican banking unit lost $400 million in a contracting swindle involving a shaky oil services company.
www.nytimes.com/2014/03/06/technology/personaltech/for-bitcoin-a-secure-future-might-require-traditional-trappings.html

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