Australian Online Bank Robbed for Million Dollars Worth of Bitcoins

Well, this is an obvious problem of currency that exists only in the domain of the Internet. No more gunmen, marked bills, and tellers pushing silent alarms… the new, modern bank robbers hide behind firewalls and computer screens. Never mind trying to wrap your mind around the concept of money that was digital being stolen. Where did it go? Where was it in the first place? Anyway, this is a big problem for the digital era, and someone will have to figure out how to deal with it if Bitcoin is to be as big of a mover and shaker as some believe it could be. Of course they could always just make more…that’s worked out really well for the Federal Reserve in the United States of America.

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