MtGox was a central bank and possibly just a giant case of fraud that people fel... | Hacker News

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		LMYahooTFY on June 28, 2017 \| parent \| context \| favorite \| on: Analyzing Cryptocurrencies Using PostgreSQL MtGox was a central bank and possibly just a giant case of fraud that people fell for, how is it relevant? Coinbase is FDIC insured and has insurance for Crypto holdings? Don't use exchanges if you don't like them?

AlexCoventry on June 29, 2017 [–]

Who insures coinbase's cryptocurrency?

LMYahooTFY on June 29, 2017 | [–]

It's done through Lloyd's, so many different companies in a risk pool.

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