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Every rollback has a detrimental effect on confidence in the exchange.
by sunchild 15y ago
Every rollback has a detrimental effect on confidence in the exchange.
- Tichy 15y agoI'd say the confidence is pretty shaken up because the exchange has been hacked. I expect from my bank that they give me back my money if it is being stolen from me, why would I not expect it from MtGox (if it is within their power). Banks routinely roll back fraud transactions and nobody complains - except the fraudsters, of course.
- sunchild 15y agoThat's different: the bank would take a loss to pay you back, even if it couldn't recover the funds from the thief. MtGox isn't proposing to take any losses, as far as I've heard.