Post
Topic
Board Hardware
Re: HashFast launches sales of the Baby Jet
by
cedivad
on 14/11/2013, 21:40:11 UTC
The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process?  You are bound by it anyways and it's less then $2000

This. You agreed to arbitration in the TOS.  A judge sees that and he is going to throw your case out of court a long with a big lecture on following the terms of your contract which means arbitration first.  Any competent counsel will tell you the same thing, of course they will charge you $300/hr for the exact same advice.

Just because hashfast (or BFL) puts something in its ToS, doesnt mean its legally binding. For instance:

No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.  

http://codes.lp.findlaw.com/nycode/GBS/26/399-c

So, what should i do? Start the arbitration process or not?
Are there better ways to trow away that money? (other than on google adwords against hashfast?)

@puppet, i'm interested in hosting in Iceland. Actually, i already have the contract signed! Maybe if/when the MPP will trigger, we will see. It's anyway some better spam that those ugly signatures. (John designed them, it could't have been otherwise).