Quote from: zhangweiwu on October 23, 2013, 07:28:24 AM

Quote from: BitThink on October 23, 2013, 07:19:20 AM

Thanks a lot for your detailed reply. Actually I agree with you on that China is not a country following rules. Therefore, the risk of BTCChina is not really the legal risk, but the risk of threatening the central government.

I love western thinking applied to China: China got the highest number of English learner in the world (aguablly also highest number of English speakers in the world), hearing this overtime, China may change, and there is a good chance it is changing towards something better. And it is always good to have more people like you who follows things happening in China. -- Unless you are hired "womao" who sing praise of death panalty, in that case, I have something to say about the very part of death panalty in your words:

Quote from: BitThink on October 23, 2013, 03:10:31 AM

If BTCChina suddenly disappears with billions of CNY from the traders, then yes, they deserve death penalty.

Picture this:
1. BTCChina got hacked.
2. People rally, some lost their life's saving, some accuse BTCChina took it in their own pocket.
3. Our government got smart, decide it is easier to pacify the crowd with accused's blood.
4. BTCChina management foresee 3, and decide it is easier to just disappear with billions of CNY from the traders. If die anyway, better die with some wealth, knowing they will be framed anyway and make no attempt to cleanse their reputation.

So do they deserve death panalty?

I think death panalty can be mooted only if justice is garanteed, and it is so hard to garantee it i in the west, least China.

Don't take me wrong. I'm not praising any death penalty. On the contrary, I'm against death penalty, especially for economical crimes.

That said, if they decide to disappear with all CNY just because some BTCs are hacked, I do think they deserve life imprisonment. If BTC was lost because the site was hacked, the site owner has to take all the responsibility. If any exchange says otherwise, I doubt people will use it.