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re: 40% of Bitcoin Exchanges Fail; only 30% of those refund your Bitcoins...

Posted on 4/28/13 at 1:46 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/28/13 at 1:46 pm to
quote:

But that can't happen, the technology is too advanced. frickin Statist propaganda
This is not a technological issue. This is a AnCap issue. These unregulated operations failed from their own either incompetence or due to malfeasance by the operators. Those who suffered losses can only hope for assistance from government if they expect restitution.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 4/28/13 at 1:52 pm to
quote:

This is a AnCap issue.


quote:

Those who suffered losses can only hope for assistance from government if they expect restitution.


The definition of irony

In Wiki, Gmorgan and gizmoflak's (not sure what his ideology is) defense, I believe they have all said that you should never trust an intermediary with your bitcoins.

But if everyone adheres to that, then we're back to the question of how in the hell this will ever function as a currency or an investment.
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