That is correct. I am not endorsing vigilantism. I am saying that it has happened a lot in the absence of law. What does it mean for bitcoin to be unregulated?

That is correct. I am not endorsing vigilantism. I am saying that it has happened a lot in the absence of law. What does it mean for bitcoin to be unregulated? Do people want bitcoin regulated and how? Is someone stealing your bitcoins illegal? What if an exchange steals your bitcoins? What if you conduct a transaction in bitcoins and you never receive the bitcoins? What if someone conducts a ponzi scheme with bitcoins? Would front running and faking trading activity be legal? EDIT: Note I hold no bitcoins, never have, nor am I shorting them so I have no skin in the game.