With all the disclosures and absolute failures of security and operations that we've seen coming out of the Bitcoin field, can we start to quell the attitude that the Bitcoin market as it stands today is a real currency market? The only people that seem to work on Bitcoin secondary trading mechanisms are people that just know how to write a Rails app, and most seem to lack security sense or reliability awareness. Personally, as a seasoned developer, even I know that I probably shouldn't write a
currency trading platform alone. I'm aware of the ramifications and what can go wrong, and I'm smart enough to rule myself out.
I will never call Bitcoin a real currency until you see a platform that actually knows what it's doing. Really, I'm sorry, that's just how it is, and the Bitcoin fans that are about to show up and try to tell me otherwise are just as misled (and are inevitably going to be victims of being so myopic). If you want to call Bitcoin real money, it needs to be treated like real money. In software terms, that means it is a big deal.
There is a reason currency is regulated heavily. You are witnessing it.
Edit: Clarified that I'm not attacking Bitcoin itself.
I will never call Bitcoin a real currency until you see a platform that actually knows what it's doing. Really, I'm sorry, that's just how it is, and the Bitcoin fans that are about to show up and try to tell me otherwise are just as misled (and are inevitably going to be victims of being so myopic). If you want to call Bitcoin real money, it needs to be treated like real money. In software terms, that means it is a big deal.
There is a reason currency is regulated heavily. You are witnessing it.
Edit: Clarified that I'm not attacking Bitcoin itself.