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'The company said that the Danish police were examining the case but added that the authorities could “not classify this as a theft due to the current nonregula

'The company said that the Danish police were examining the case but added that the authorities could “not classify this as a theft due to the current nonregulation of Bitcoin.” ' This is of course ridiculous. Something doesn't have to be regulated in order for it to be considered theft if you take it.

gohrt 13y ago
"Stealing" a bitcoin involves exchanging messages. There is no physical movement of objects, no direct financial effect, and not even an obvious copyright infringement. The law needs to comprehend what was stolen, and assess the damages. Or treat this as a computer-hacking (unauthorized access) case.
- dllthomas 13y ago
  I don't expect it'll be hard for the law to comprehend. Sure it's digital property, but unlike a lot of things digital it actually functions mostly by the same rules as physical property (only one person has any given bitcoin at a time, &c).
  - socillion 13y ago
    If someone scams you for 5,000 gold in World of Warcraft, did they commit a crime?
    - dllthomas 13y ago
      Is gold in World of Warcraft generally expected to be exchanged for goods and services and dollars and yen? Even so, maybe, maybe just not a very serious one, assuming we don't write it off as "part of the game".
      - socillion 13y ago
        There are businesses dedicated to buying, selling and producing it. It can also be exchanged for goods and services, is easily valued in and converted to USD and other currencies, and fluctuates in value depending on supply and demand. I picked WoW instead of a game like EVE Online because scamming is not an expected part of the game. I'm not aware of any criminal proceedings against people who stole WoW gold, but it is an entirely different matter if actual money (i.e. USD) was taken.
        dllthomas 13y ago
        Sure. Like I said, maybe it's a crime, but not one hugely worth prosecuting.

gohrt 13y ago

"Stealing" a bitcoin involves exchanging messages. There is no physical movement of objects, no direct financial effect, and not even an obvious copyright infringement. The law needs to comprehend what was stolen, and assess the damages. Or treat this as a computer-hacking (unauthorized access) case.

dllthomas 13y ago
I don't expect it'll be hard for the law to comprehend. Sure it's digital property, but unlike a lot of things digital it actually functions mostly by the same rules as physical property (only one person has any given bitcoin at a time, &c).
- socillion 13y ago
  If someone scams you for 5,000 gold in World of Warcraft, did they commit a crime?
  - dllthomas 13y ago
    Is gold in World of Warcraft generally expected to be exchanged for goods and services and dollars and yen? Even so, maybe, maybe just not a very serious one, assuming we don't write it off as "part of the game".
    - socillion 13y ago
      There are businesses dedicated to buying, selling and producing it. It can also be exchanged for goods and services, is easily valued in and converted to USD and other currencies, and fluctuates in value depending on supply and demand. I picked WoW instead of a game like EVE Online because scamming is not an expected part of the game. I'm not aware of any criminal proceedings against people who stole WoW gold, but it is an entirely different matter if actual money (i.e. USD) was taken.
      - dllthomas 13y ago
        Sure. Like I said, maybe it's a crime, but not one hugely worth prosecuting.