Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
itod
on 17/01/2014, 11:00:59 UTC
I don't know if there is an equivelent body in USA, b


Welcome to Scamerica!!!  

You can joke all you want with this, but on second thought it is rather odd consumers in the biggest consumer market in the world are not protected more from such a things. I understand freedom of trade, free markets, weak state, and all this stuff, but believe me this is close to impossible to happen anywhere else. We scream constantly to overblown state mechanisms in my country, and state bureaucracy blown out of proportions, but I'm pretty certain anywhere else this things would end by state clerks all over the HF back. It's also odd that scam of these proportions is not all over the media, they should love such a juicy stories. How often multi-million dollar scams are there in the USA for this to go unnoticed?

I'd guess because USA laws/judicial system has not caught up to what a Bitcoin is. Lots of ambiguity in the laws. Also, I don't think HashFast is out to scam, I think they're just plain incompetent (see post above).

No judicial system has caught up with Bitcoin, but elsewhere there are endless consumer protection programs, in fact so much of them that businesses scream constantly they can't work distracted so much. I'm not for that either, but it's a fact HashBust received millions and delivered nothing to customers. How is it possible the customers are only left to go to the court on their own, backed by no one? Isn't it logical that HF have also to respond to some authority and the media?