“The Bitcoin market will bounce back with a wave of impressively professional services that are currently in their infancy. It’s horrible that Gox has managed to lose so much of their customers’ money due to their incredibly poor business practices. But for those of us who have watched the market carefully while observing the former Magic Card hub’s various failures, this is not a surprise. For those who are taking the long-view of Bitcoin, this is a large speed bump that will cause a lot of people grief for a long time; but there are bigger and better services on the way that will be able to learn from this crucial example of how not to run a Bitcoin exchange.”

http://motherboard.vice.com/en_ca/read/better-bitcoin-exchanges-could-balance-out-the-destruction-of-mt-gox

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