The world’s largest bitcoin exchange filed for bankruptcy protection in Japan on Friday, saying it had lost about $420 million worth of its customers’ bitcoins because of a “weakness” in its system.
Mark Karpeles, the French CEO of Mt. Gox, bowed in contrition at a press conference at the Tokyo District Court and said he was “sorry.”
"There was some weakness in the system, and the bitcoins have disappeared. I apologize for causing trouble," he said, according to the Wall Street Journal.
In addition to its bankruptcy issues, Mt. Gox appears to be the subject of a federal criminal investigation in the United States.
(Photo: JIJI PRESS/AFP/Getty Images)
This is awesome
#tbt ” …. when the solution is simple, God is answering …..everything should be as simple as it is , but not simpler…. If u can’t explain it simply, u don’t understand it well enough ” #simple life bars from brother Albert ♓️
|—||Albert Einstein (via curiosamathematica)|
The rich man, poor man, saint or sinner are not different minds, but different arrangements of the same mind.
Think of it like this; a piece of steel when magnetized differs not in substance, from it’s demagnetized state, but in the arrangement & order of it’s molecules.
A single electron revolving in a specified orbit constitutes the unit of magnetism. When a piece of steel or anything else is demagnetized the revolving electrons have stopped. Therefore, the magnetism has not gone out of existence. There is only a rearrangement of the particles, so that they produce no outside or perceptible effect. When particles are arranged at random, mixed up in all directions, the substance is said to be demagnetized; but when particles are marshaled in ranks so that a number of them face in one direction, the substance is a magnet.
Magnetism is not generated; it is displayed. Health, wealth, beauty & genius are not created; they are only manifested by the arrangement of your mind - that is your concept of yourself.
Sister Latonja Muhammad (via suhblahym)
A thought of yourself could bring you into being? So as a man thinks, so he will be.