The huge significance of the BTC-e bust

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What were you linking? I can't even get CAPTCHA to appear.

As well, BTC-E did business with Americans which is a big no-no if you don't have KYC and AML compliance.

See... this is the sort of question that I love to hear. It's a shining example of the weakness and bias of the current system: it's only a problem to transact bitcoin if you're trying to exchange it to a gov't issued currency.

there's a chain of reasoning that starts at "if my grocer could just sell me groceries for bitcoin" and ends at "yeah, I guess property taxes will continue to need to be paid in gov't issued currency"

at the end of that chain is the catastrophic tipping point where hyperinflation happens. maybe we'll neuter the war machine when we get there... who knows.

Its like, sure, maybe any other time over the last eight years. But even then it would have been disingenuous to suggest that was the death knell of the concept, since it can be upgraded.

if the same standard was made for national currency heists over electronic means, your feed would have nothing else in it. ACH Fraud alone is still in the hundreds of millions every year, and in US has at least 3 federal government agencies tracking and trying to address it, for decades.

cryptocurrency is comparably much easier to solidify and upgrade, while educating on best practices.