Irreversible transactions do not make honour, ethic and law irrelevant.
I agree sir. With the numerous scams and claims occuring these days, I propose we set up a sortof "BitCourt" where these cases can be heard... the judges could be trusted members of the community who are elected every few years or so, that way if there is any corruption the MARKET will move to eliminate it. The bitcoin client will have to be modified to enforce their decisions, but this is a small price to pay to ensure that values like honour and integrity are upheld and our currency flourishes.
And once someone sells
stolen bitcoins bitcoins sent in error for cash, how do you propose to get them back? You can't force them to buy more bitcoins to replace the ones they cashed out once they have the money in hand.
Even if you could enforce something like putting a negative balance on their account, they'll just create another one so what's the point?