Quote from: cafminer1 on April 12, 2014, 01:12:09 AM

Quote from: grifferz on April 12, 2014, 01:07:07 AM

Possibly because they believe that the Japanese authorities won't consider bitcoins to be assets of MtGox at all, so won't appear on the balance sheet as a liability?

That has always seemed like a very likely outcome to me.

Not that. Re-read:

"Creditors will have two options. They can either receive a prorated amount from the 200,000 bitcoins recovered by Mt. Gox"

What you are quoting in no way precludes what I was suggesting. Just because NewMtGox is willing to consider someone a creditor doesn't mean that the government does when/if they liquidate the OldMtGox. NewMtGox may not have a choice about fiat creditors, and may have to pay them back 100% first and as far as possible, but may have a choice about bitcoin creditors.

After all, exchanges exist right now in countries that do not consider bitcoins to be worth anything. That is an example of the service considering their users to be creditors even when the law doesn't.

Realistically any NewMtGox would have to make some effort to pay their previous customers back if they are to have any chance to succeed as a company.

Either way I don't think we have enough information to be sure. That is just the way I feel it is going to go (and with no credible takeover attempt appearing).