If you check a competing exchange, you will find that the price of bitcoins has gone from $17 to $13. How does that constitute a crash when the price of a BTC had fluctuated down to around $13 within 48 hours before the breach? This is a security breach that only affected people using MtGox to trade their bitcoins for USD, so the trust in MtGox has been undermined, not the trust in the entire BTC economy. Most traders will likely move over to tradehill.com or some other competing exchange who have hopefully learned some lessons from MtGox's failures. The thing about currency is that if it is not properly secured, it can be stolen. When someone robs a bank or steals a wallet, do we stop trusting paper money or do we just work that much harder to keep it secure?

First sentence in TFA: "A year ago I blogged about how hackers managed to hijack hundreds of high-profile websites to make them promote online stores that sold pirated software at about 5-10% of a real cost." When they say pirates, they are referring to the fact that these web sites were built to sell pirated software. Even a profession that was not in the tech black market category would have fit in the summary. For example "To drive traffic to their web sites full of illegal and potentially poisonous recipes, rogue chefs hack reputable legitimate websites injecting hidden spammy links and creating doorway pages."

Before and during FDR's administration, the free market electric company shills argued that providing "socialized electricity" would be a disaster financially since generating electricity was supposedly so expensive that there was no way the government could provide cheaper service. To back up their claims, they pointed to a few mismanaged municipal electric programs as proof that it could never work. In reality, many of the electric companies were enjoying fat monopolies and wanted to keep their operations small scale so they could keep prices high. The government finally stepped in during the 1930's and proved that electricity did not have to be so expensive if the provider did not have profit as their only motivation. This sounds so familiar to another debate over other services that should or should not be "socialized" come to think of it...

XBMC still doesn't run on 360's though. I'd sell it and get a standalone media player such as a WD TV if you don't need network streaming or an Mvix Ultio if you do. Better yet, get a DVI to HDMI cable and watch stuff off your computer.