Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: onesalt on June 19, 2011, 07:42:34 PM



Title: by rolling back the price and transactions on mtgox
Post by: onesalt on June 19, 2011, 07:42:34 PM
you're essentially regulating the currency. Bitcoins are not meant to be regulated. If you want regulated currency where a central agency says what's right and what isn't go back to using your worthless paper money.

That is all.


Title: Re: by rolling back the price and transactions on mtgox
Post by: philipp on June 19, 2011, 07:44:58 PM
you're essentially regulating the currency.

No. It's not like Bitcoin transactions will be rolled back (that would be virtually impossible). It's just transactions within and among MtGox accounts being rolled back.

Bitcoin is still unregulated as it always was.


Title: Re: by rolling back the price and transactions on mtgox
Post by: hugolp on June 19, 2011, 07:53:36 PM
you're essentially regulating the currency. Bitcoins are not meant to be regulated. If you want regulated currency where a central agency says what's right and what isn't go back to using your worthless paper money.

That is all.

Its not regulating. Its a private business deciding what to do. He just has to fulfill the contract with his costumers.

On the other hand, the costumers are free to change business and take their business elsewhere. Honestly, after this, anyone using MtGox deserve what he/she gets.