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📜 The Legend of Mt. Gox: The Story of the "Card Shop that Sells Dreams"
Once upon a time… in a faraway land called the Internet, there was a small online store that sold Magic: The Gathering cards. The owner got bored selling dragon cards and said, "Ah, it’s better to sell the currency of the future: Bitcoin!"
This store also changed its name to Mt. Gox, short for Magic: The Gathering Online eXchange, but everyone pretends not to know its origin to look cool.
Eventually, everyone came to Mt. Gox to buy and sell Bitcoin. In fact, in 2013, 7 out of 10 Bitcoins in the world passed through here. It's like a chicken noodle stall; this is Elon Musk's chicken noodle.
💰 One morning in 2014
The customer wants to withdraw Bitcoin, but the "withdraw" button has changed to an "error 404" button. The admin said: "Be patient, this is just maintenance."
Eh, it turns out the maintenance is equivalent to a long vacation to the moon without a return ticket.
Suddenly... news leaks: 850,000 BTC has disappeared without a trace.
If it were likened to fried rice, it would be enough for all the people in the world to eat 3 times a day... for 1 year.
📉 The price of Bitcoin has plummeted. Investors are panicking. The WhatsApp group of crypto lovers has turned into a support group for those who lost their partners.
Mark Karpelès, the big boss, was called by the police. Some say he is careless, some say he is a genius but unlucky, and others say he is just too into eating ramen while watching anime.
⏳ Year after year passes...
Some of the lost Bitcoin was found (around 200,000 BTC). The rest? Still a mystery.
Victims will only start receiving refunds in 2024, and even then only partially, like an ex who only replies to a chat with "ok" after 10 years.