Its only an exchange. A weakness in Mt.Gox does not create a weakness in the greater BTC network. It just means it is that much harder to find a BTC Exchange that you can trust.
Its like history unfolding again. Eventually, people will (re)learn that giving large sums of money to people you don't know requires major amounts of trust. Ex: What guarantees do I have that Mt.Gox isn't trading with my money?
I mean after all... Mt. Gox money is virtual currency. Maybe you can't withdraw your money from Mt. Gox because they're playing with it themselves.
You see? Its a trust issue. SEC is in charge of investigating this sort of behavior.
Its like history unfolding again. Eventually, people will (re)learn that giving large sums of money to people you don't know requires major amounts of trust. Ex: What guarantees do I have that Mt.Gox isn't trading with my money?
I mean after all... Mt. Gox money is virtual currency. Maybe you can't withdraw your money from Mt. Gox because they're playing with it themselves.
You see? Its a trust issue. SEC is in charge of investigating this sort of behavior.