Quote from: 2weiX on March 13, 2013, 05:07:16 PM

As a competitor of sorts to coinabul I have kept out of these threads for now.
I am, just as in the BFL refund case, of the opinion that coinabul owes the price of the product in USD.

Aside from how the whole thing was handled, the buyer has parted with his BTC and has bought a Krugerrand.

He will be refunded an amount of any currency that allows him to buy one Krugerrand (ie he is refunded "The Krugerrand" in-like).

That being said, I would happily act as a middle man for OP.
I will sell ship a Krugerrand to CZR *at cost* (under 40 BTC right now).
FedEx insured door-to-door.
Should OP agree to this, he may take it up to coinabul and then PM me for details.
With this, I will withdraw from the thread.

No, that isn't valid. People transact in bitcoin for a reason: to not transact in USD. Bitcoin is its own denomination. It stands completely independent of USD. Any other practice allows the seller to take a buyer's money if the relative value of their bitcoins increases. Likewise, no matter how low the bitcoin value goes down, the refund would still be in BTC. The thought of spending other people's money and hedging on customers is offensive and crooked.

We're not talking about a person who's unhappy with a product they received. We're talking about a person who was never sent the product.