Post
Topic
Board Service Discussion
Re: If MtGox can ident the Bitcoins, why not fix it?
by
boumalo
on 25/02/2014, 16:46:49 UTC
I can understand that they may be fiat broke but how can they have fewer Bitcoins than their legal transactions indicate?
You send me 10BTC.

I lose those BTC by some means.

You ask for your BTC back.

I say I have halted withdrawals of your BTC because $PROBLEMS

You say, "it's OK, grifferz must have my BTC because trades have indicated it"

I sit on a big blue ball.

Haha his twitter is not having any activity https://twitter.com/MagicalTux



Who am I?  the rightful owner of those Bitcoins.
D&T is right: MtGox was the owner of those bitcoins. The only thing you had was a solemn promise from MtGox that they would give you a same number of bitcoins when you wanted them.



That is important to understand that, it is why we need not to have all our wealth in one place and at the mercy of bad management