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Topic
Board Service Announcements
Re: [Payout Updates] Bitcoinica site is taken offline for security investigation
by
Vladimir
on 28/05/2012, 06:09:11 UTC
I will post information here as I receive it.

28 May 07:00: Discussion right now is centered on the nature of payouts. There is the question of what nature the payout system should take with different people favouring 1 of 2 approaches (one is fast and unreliable, the other slow and reliable). I can't say more than that for technical reasons. Everyone wants to pay everyone back, but have a differing opinion how it will work.

Slow method i.e. mailing cheques or certified cheques could just work, just let users to chose among 3 major currencies (USD, GBP, EUR) you likely have all the bank accounts for that, convert at cost. Just a suggestion.