Post
Topic
Board Bitcoin Discussion
Re: Most Bitcoin will be clawed back due to widespread theft
by
Zarathustra
on 28/02/2014, 09:45:54 UTC
How about this going forward - financial services providers obtain insurance to cover them in the event of theft/fraud etc, and on the basis that they demonstrably exercise a duty of care and dilligence in their business dealings and in their fiduciary duty to their customers (it may be that the insurer requires a compliance with regulation perhaps ?).

   I buy 5 BTC on BTC-E that subsequently proves to have been stolen from XYZ exchange (and customers A ,B and C) - customers A, B and C receive their stolen BTC back. I (and BTC-E) receive recompense from the insurance company of exchange XYZ.  

Yes the banksters+government will take control of Bitcoin. That is of course the only solution. And of course it appears to have been designed to fall into their lap.

And who was Satoshi again? (Hint: most realize he was likely an NSA researcher or group of NSA researchers)

Most realize that NSA is paying people to spread BS as you do.



Bitcoin is the honeypot to suck in all the gullible Libertarians to their demise. And it helps to spread the NWO digital currency, which is taken over eventually.

"The Bitcoiners [and the Cypherpunks in general] are going to totally destroy your society and your "laws"

https://bitcointalk.org/index.php?topic=470593.0