Post
Topic
Board Bitcoin Discussion
Re: Mybitcoin.com Press Release #2 ?
by
Bunghole
on 06/08/2011, 14:12:26 UTC
MyBitcoin is a Limited Liability Company, so the owner(s) is not personally responsible for the company's debts.  This is a very good thing, because it allows entrepreneurs to start risky ventures without putting their entire lives on the line.  If we didn't have limited liability entities, there would be a whole lot less innovation, a lot less wealth, and a lot fewer jobs.

Tom Williams,

You better come up with %100 of everyone's bitcoins ASAP even if you need to buy them with your own money from one of the exchanges.

Those bitcoins are YOUR responsibility.

I can think of times in my life where I made mistakes,  and paid tens of thousands of dollars out of my own pocket to make things right.

Now it is your turn.

Do the right thing.