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> there's no court system to adjudicate this or try and recover assets for those who lost money. Umm, why isn't there? Just because Bitcoin "isn't regulated" d
by fnordfnordfnord 13y ago
> there's no court system to adjudicate this or try and recover assets for those who lost money.
Umm, why isn't there? Just because Bitcoin "isn't regulated" does not make it a free for all. Theft is theft.
- Tuna-Fish 13y agoIf they can catch the perpetrators, then there is. However, btc can be laundered rather efficiently and all contact with the exchanges can be done through tor. Have fun bringing the perps to justice...
- fnordfnordfnord 13y ago>However, btc can be laundered rather efficiently Can they? I think that remains an open question, and is rather unlikely to be strictly true. >and all contact with the exchanges can be done through tor. That's a lot of money to spend, and a lot of people are looking for it.
- thinkcomp 13y agoActually, it is regulated. People like Andreessen and his portfolio companies (Coinbase, Dwolla) just like to pretend that it isn't.