Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
Puppet
on 07/12/2013, 12:54:26 UTC
I'm slowly loosing my taste for bitcoin as it seems no matter what: human greed always fucks money up. With all the shit that has been going on with people losing their hard earned money to an unscrupulous few willing to scheme ways to take it, we should just rename the whole failing monetary experiment: BITCON.

Bitcoin is working fine. The main problem is that so many people believe(d) that because something is related to bitcoin, that no laws apply and you can just freely break security regulations all over the world, along with violating money transmitter licence requirements and AML regulations.

The "its not illegal because... bitcoin" argument.

If you fell for that, and sent your coins to an illegal exchange believing that is a safe thing to do, its not bitcoin's fault. Not a single satoshi in my wallet has been lost due to scams.