Post
Topic
Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
PinkiePie
on 03/09/2011, 23:51:37 UTC
The technical implementation is of extreme relevance due to the nature of the transactions. Intent is not relevant. Bitcoin are like contracts. If you sign a contract you cannot back out of it simply by saying "i didnt intend to sign", you have already agreed to it. Dont intend to have things automatically signed for you? Then dont setup buggy software, simple.

You know what this means?  Laws have been deprecated!  Woo!  We are no longer slaves!  FREEDOM!

Exactly, I still can't believe anyone here would have a problem with this.  It stinks that the exchange made an error in their coding but now they know not to make that same mistake again, that's how the free market works.  If we let the government come in and take over bitcoin they will be making laws and regulations about it instantly.  What's next?  Employees of the exchanges being mandated to join a union?

Okay, that's silly, but they will do anything to tear down a revolution like this.