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Best thing to do would be for Linode to generously reimburse these people, but they have no obligation to do so. As a policy, it would neither be good business
by techiferous 15y ago
Best thing to do would be for Linode to generously reimburse these people, but they have no obligation to do so.
As a policy, it would neither be good business nor appropriate for Linode to assume all of the risk in a situation like this.
Also, if Linode did put a policy in place to assume some of the risk (some sort of insurance policy) they open themselves up to scams (just get your friend to rob your bitcoins and cash in on Linode's good will insurance policy).
- iamd 15y agoI disagree. I think the best thing for them to do is to let the Bitcoin user eat the loss. Whenever you're in this sort of shared environment, be it Linode or EC2 or anything else, you open yourself up to risks, and it's your responsibility to address them. Bitcoin is adopted only by fairly sophisticated geeks, who really should know better. If Linode uses my monthly fees to reimburse this fellow, I'll snap-cancel my account, because that's not what I pay for. I want them to spend on staff and equipment, not reimbursing some incompetent speculators who suffered bad results because of their lousy judgment.
- larrys 15y ago"Best thing to do would be for Linode to generously reimburse these people" Creates a precedent and greater future liability.
- techiferous 15y agoGood point.
- plox 15y agoThe scam you mention would be difficult to pull off as there would have to be evidence that the account was compromised on Linode's end for the customer to make a claim.