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The majority of legitimate people running Bitcoin related services are of a very fringe type. It will probably remain this way for a while. This is because there is so much risk involved. Not just risk of currency or business failure, but risk of harsh legal action. The subsection of the population this selects for ends up being... let's say... not so reliable.

Then worse, you have tons of internet criminals coming up with clever strategies to part people with their Bitcoin. Will these guys reimburse their users or end up giving an excuse and disappearing into the ether? Only time will tell.

That said, Bitcoin itself remains strong and probably one of technologies with the biggest potential in quite a long time. These issues will continue to occur and spawn drama for the foreseeable future. At some point the good Bitcoin news will drown out the bad Bitcoin business news. But that's not going to happen anytime soon. So let's get used to it.



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