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My 1,000
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A in Japan lost $473 million of bitcoins. The company is called Mt. Gox. It lost 850,000 bitcoins. Mt. Gox was one of the world's Bitcoin companies. It said stole the money. The CEO apologised to . Thousands of people are because they lost their . Bitcoin is a virtual . It might replace money and coins. People only use it . Anyone can buy and use bitcoins. You don't need a bank .

The of Mt. Gox was not a . There are no laws to control Bitcoin. Mt. Gox was an waiting to happen. People say Bitcoin will recover and be . There will be a better system with tighter . Countries might make to make Bitcoin safer. An said: "If you look at the short of Bitcoin, there has been a of bubbles, busts, hacks and thefts. After every single , Bitcoin [was] stronger."

 


 
 

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