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FWIW, bitfinex was willing to buy the coins back on what they claimed was a no-fault basis and even put a significant amount of coins into third party escrow fo
by nullc 3y ago
FWIW, bitfinex was willing to buy the coins back on what they claimed was a no-fault basis and even put a significant amount of coins into third party escrow for that purpose.
Back in the early days of Bitcoin... Zhou-tong, after robbing his own business (Bitcoinica) blind, did something kind of like what you were suggesting -- raining down coins on random people and creating general chaos. I think it was more mania and panic rather than a well considered strategy.
I think in general you don't see stuff like that through a mix of (1) it's less easy than you think, and (2) thoughtful people don't become serious thieves in the first place, it's not worth it.
- jcpham2 3y agoI miss the Zhou tong memes.