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Topic
Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
w00ly
on 03/09/2011, 23:51:56 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!
quite to the contrary captain sarcastic, laws do still have relevance but there is no law that was broken here due to bendavis being the rightful owner because they were signed over to him. Situations like this are unfortunate but the kind of potential gray areas arising with "intent" and involving a governing body are the kinds of things bitcoin was intended to avoid (so in a way, yes, freedom of currency). They are not reversible no matter how badly many in this thread want it to be, in which case i submit that perhaps bitcoin should not be the currency for you if you wish to be able to retrieve your btc after accidentally sending them.