I met Mark at the time of mtgox's (first?) public hack in 2012. Shortly after they'd moved to Cerulean Tower in Shibuya.

He seemed to realise what mtgox were up against, but they were ill-equipped to face it. Considering the immediate problems mtgox had then, he gave me more time than I probably deserved.

In hindsight, I believe Mark was hoping for a Hail Mary. Put another way, I believe that if I'd had the skill to get on top of those problems, he'd surely have hired me. Yet I just doubt that many of the necessary talents were around at that time.

It's easy to imagine that we would know how to do things right under exceptional circumstances. Mark was then the man in the ring, and he may become so again. Bonne chance.

For example, every single exchange out there is holding people's assets, in trust, and thus, are also making it difficult to distinguish the line between stupid and malicious.

Society is still learning and it's having growing pains. But, these pains, are leading to stronger, more resilient systems.

I think we'll soon start seeing non-custodial exchanges, the way it was meant to be.