Topic: This is a witch hunt... (Read 1219 times)
I prefer top trade in something with real value, like guns and bullets.
If you don't have the private keys, it isn't your bitcoin.
Think about it, if the politicians, realtors, appraisers, closing attorneys, Wall Street and banks had been regulated, the bank/S&L crises of the late 1980s and the bank crisis 2007-2009 wouldn't have happened. All we needed was some regulation to stop that. Likewise, Madoff couldn't have happened. /sarcasm
Think about it, if the politicians, realtors, appraisers, closing attorneys, Wall Street and banks had been regulated, the bank/S&L crises of the late 1980s and the bank crisis 2007-2009 wouldn't have happened. All we needed was some regulation to stop that. Likewise, Madoff couldn't have happened. /sarcasm
I think you are wrong. I think it should have smart people and some regulations in it. If it doesn't who can say that something like this can't happen again, someone just taking it all and leaving. What is to stop them? You? Me? I don't think so. If there is no legal repercussions for them they'll do it. People are greedy, simple as that.
This is something that has been bugging me so much for the longest time.
People use Bitcoin to escape the financial system, to escape the control of governments. Yet when something bad happens they go running straight back into the arms of the government demanding help. "oh no I've been scammed! government save me!".
If you use Bitcoin, you use it at your own risk. Everybody who had money on Mt Gox should have known the risks. If you lost money you have nobody to blame but yourself as you and only you undertook the risks knowing full well that MtGox or even a hacker could've ran for the hills with your money at any moment. If you have your money stolen, deal with it yourself and move on. Don't involve governments to save you from your own mistakes.
Bitcoin has grown too big and I don't like what its turning into.
People use Bitcoin to escape the financial system, to escape the control of governments. Yet when something bad happens they go running straight back into the arms of the government demanding help. "oh no I've been scammed! government save me!".
If you use Bitcoin, you use it at your own risk. Everybody who had money on Mt Gox should have known the risks. If you lost money you have nobody to blame but yourself as you and only you undertook the risks knowing full well that MtGox or even a hacker could've ran for the hills with your money at any moment. If you have your money stolen, deal with it yourself and move on. Don't involve governments to save you from your own mistakes.
Bitcoin has grown too big and I don't like what its turning into.
you mean trading in crypto only ?
I warned you all not to get involved with regulators.
I have tried to explain to you the legal implications of Bitcoin, and how to navigate them.
I tried to show you whence the attacks on Bitcoin come, and why.
Most of you did not listen.
Words have meanings. Ideas have consequences.
What has happened to MtGox and BitInstant is just a small part of a large witch hunt.
We are creating a new world. You can't keep clinging to the old world, if you want to come with us.
Higitus figitus...
I have tried to explain to you the legal implications of Bitcoin, and how to navigate them.
I tried to show you whence the attacks on Bitcoin come, and why.
Most of you did not listen.
Words have meanings. Ideas have consequences.
What has happened to MtGox and BitInstant is just a small part of a large witch hunt.
We are creating a new world. You can't keep clinging to the old world, if you want to come with us.
Higitus figitus...
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