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Re: [OPEN] CoiningSolutions.com HashFast Shares ฿.5 = 20GH/s | *All Miners PAID
by
paulej
on 28/03/2014, 22:14:50 UTC
This is not surprising.  Considering the IRS now treats bitcoin as property (in the same class as gold, basically) and FinCEN recognizes it as money, it is an asset that will get legal protection.

218 bitcoins for them is likely not a big deal.  But, I bet the total number from all customer for whom they did not deliver products as promised is way higher.

Personally, I just don't understand why they are behaving the way they are.  Even if they were unable to deliver as promised and even if they could not repay the money owed immediately, anyone with integrity should communicate and discuss a repayment plan.  I suspect most customers would accept a payment plan vs. going to court and arguing and potentially forcing the company into bankruptcy.  Plus, being responsive and also shipping products earns a bit of goodwill.  If they really have products to sale, they'll sell them that way.  As it is, I would not buy anything from that company.