Quote from: newbminer on January 16, 2014, 03:03:15 PM

Quote from: Lucky Cris on January 16, 2014, 09:20:26 AM

Quote from: Walking Glitch on January 16, 2014, 09:06:08 AM

Because this is how it used to be done ~2.5 years ago, and it nearly led to the (what would have maybe only have been temporary, however, we will never know) ruin of the BTC economy, and would have, if some people didn't bail out thousands of BTC of default from their own pockets.

EDIT: This is the tldr version of the story.

So why wasn't legal action taken? Or maybe perhaps point me to the story? I'd like to read it.

It's a cryptocurrency, governments don't regulate them, therefore there can be no action taken.

Thanks for your input! But is this really true though? I though there are a few cases pending, albeit not on a a little personal loan level... But I wonder how this factor would play out for the little man. Sickening how we're taxed but taking legal action seems to be a challenge.