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Title: What a great lesson for the FREE MARKET. Post by: someotherguy on August 07, 2011, 03:40:34 AM I am sorry to be so harsh, but why would anybody put their commodities/money in a new "bank" with no assets and, no real liability? Furthermore, the "bank" was registered in a "country" notorious for fraud and exclusion from certain aspects of the U.C.C.
This is a new commodity/currency, and while fundamentally sound, it needs to treat secondary services with extreme caution. Furthermore, this commodity/currency needs to have a... Title: Re: What a great lesson for the FREE MARKET. Post by: FlipPro on August 07, 2011, 03:55:46 AM I am sorry to be so harsh, but why would anybody put their commodities/money in a new "bank" with no assets and, no real liability? Furthermore, the "bank" was registered in a "country" notorious for fraud and exclusion from certain aspects of the U.C.C. Do you know what you're talking about?This is a new commodity/currency, and while fundamentally sound, it needs to treat secondary services with extreme caution. Furthermore, this commodity/currency needs to have a... I think not... Title: Re: What a great lesson for the FREE MARKET. Post by: logansryche on August 07, 2011, 04:02:48 AM Quote Do you know what you're talking about? I think not... I concur. For a minute there I thought he was talking about me, but now I lol. Title: Re: What a great lesson for the FREE MARKET. Post by: someotherguy on August 07, 2011, 04:06:27 AM I am sorry to be so harsh, but why would anybody put their commodities/money in a new "bank" with no assets and, no real liability? Furthermore, the "bank" was registered in a "country" notorious for fraud and exclusion from certain aspects of the U.C.C. Do you know what you're talking about?This is a new commodity/currency, and while fundamentally sound, it needs to treat secondary services with extreme caution. Furthermore, this commodity/currency needs to have a... I think not... Prove it. Title: Re: What a great lesson for the FREE MARKET. Post by: Jack of Diamonds on August 07, 2011, 04:08:11 AM So after a bit of deliberation, my brain deciphers the fact you are talking about mybitcoin.com.
Why not mention it in the first post instead of causing confusion? Still, yes, people were naïve to trust the service, people have already accepted the fact they might not see the money again, life goes on Title: Re: What a great lesson for the FREE MARKET. Post by: FlipPro on August 07, 2011, 04:18:46 AM So after a bit of deliberation, my brain deciphers the fact you are talking about mybitcoin.com. Lol +1 I thought he was talking about Bitcoin for a second. Why not mention it in the first post instead of causing confusion? Still, yes, people were naïve to trust the service, people have already accepted the fact they might not see the money again, life goes on Title: Re: What a great lesson for the FREE MARKET. Post by: evoorhees on August 07, 2011, 04:47:12 AM Is the "great lesson" that people will tend not to use a service after it defrauds them? Seems the free market works after all, no?
Title: Re: What a great lesson for the FREE MARKET. Post by: hugolp on August 07, 2011, 04:53:35 AM Is the "great lesson" that people will tend not to use a service after it defrauds them? Seems the free market works after all, no? The problem is that we are so used to being scammed from our institutions on legal growns but with controlled trade that we dont know how to behave in a unrefulated market. We are dumbed down and are learning the hard way how to behave in a real market. Title: Re: What a great lesson for the FREE MARKET. Post by: evoorhees on August 07, 2011, 06:11:47 PM Is the "great lesson" that people will tend not to use a service after it defrauds them? Seems the free market works after all, no? The problem is that we are so used to being scammed from our institutions on legal growns but with controlled trade that we dont know how to behave in a unrefulated market. We are dumbed down and are learning the hard way how to behave in a real market. That's actually an excellent point. Title: Re: What a great lesson for the FREE MARKET. Post by: westkybitcoins on August 07, 2011, 06:44:47 PM Is the "great lesson" that people will tend not to use a service after it defrauds them? Seems the free market works after all, no? The problem is that we are so used to being scammed from our institutions on legal growns but with controlled trade that we dont know how to behave in a unrefulated market. We are dumbed down and are learning the hard way how to behave in a real market. +1 With time, even those most resistant to changing how they think about digital money and online transactions will either adapt or move on. |