In reality, every company built around Bitcoin, altcoins, or just decentralized systems in general is a startup, and startups often have incredible potential, but also a high rate of mismanagement, risk, and, ultimately, failure. Mt. Gox is the first thing that comes to mind when I, and many others, think of failure in the Bitcoin realm.
Mt. Gox, Mintpal, Hashfast, Butterfly Labs, and Robocoin: Blunders in Bitcoin Business
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