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by Jonathan_Swift
4483 days ago
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I don't really know but speculate that Mt. Gox' receivership may well have nothing to do with weaknesses in the BitCoin cryptosystem. - Magic the Gathering's BitCoin Cookbook
http://www.warplife.com/tips/finance/money/bitcoin/mt-gox/fo... tl;dr: Forensic Accounting is the way the Feds busted Al Capone for tax evasion; they never did pin a murder rap on him. Even if no one is cooking the books a shop like Mt. Gox needs Forensic Accountants anyway, because someone could always have made an honest mistake. I myself Found Religion the day I decided I'd grown weary of a ten-cent error in my quickbooks. I required eighteen hours to clue in to that it was two separate errors that totalled ten cents, as well as to locate the actual errors. (Now I use GnuCash. There's a damn good reason for double-entry accounting; GnuCash uses it but Quicken and QuickBooks do not!) |
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