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Author Topic: Mt.Gox buys MtGoxLive.com but has no money to refund stolen bitcoins  (Read 1277 times)
the founder
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July 20, 2011, 12:15:54 PM
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Mt. Gox has been under some intense fire since the hacking incident, with individuals complaining that they have yet to be reimbursed for their stolen bitcoins but yet Mt. Gox has the funds to go on a buying spree?

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July 20, 2011, 01:34:54 PM
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I never understood where this consumerist entitlement sprang up from where someone thinks because they payed a company a few dollars for a service or product... That that company is now forever responsible for keeping them happy. If someone breaks into your house and steals this product.... you deserve a new one!!

Sure they fucked up on their security, but that's how everything works. You put your trust in the wrong place. so you should be writing them off and never dealing with them again. That's where their responsibility stops. Trust destroyed means no more business, not you need to go into debt to pay off all of last years profits to your customers.
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July 20, 2011, 01:46:31 PM
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I never understood where this consumerist entitlement sprang up from where someone thinks because they payed a company a few dollars for a service or product... That that company is now forever responsible for keeping them happy. If someone breaks into your house and steals this product.... you deserve a new one!!

Sure they fucked up on their security, but that's how everything works. You put your trust in the wrong place. so you should be writing them off and never dealing with them again. That's where their responsibility stops. Trust destroyed means no more business, not you need to go into debt to pay off all of last years profits to your customers.

quote for truth

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July 20, 2011, 03:37:03 PM
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I donno man.. you pay a person or company to do X  ... and they fail to do it...  I would feel upset.


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July 20, 2011, 06:03:54 PM
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I never understood where this consumerist entitlement sprang up from where someone thinks because they payed a company a few dollars for a service or product... That that company is now forever responsible for keeping them happy. If someone breaks into your house and steals this product.... you deserve a new one!!

Sure they fucked up on their security, but that's how everything works. You put your trust in the wrong place. so you should be writing them off and never dealing with them again. That's where their responsibility stops. Trust destroyed means no more business, not you need to go into debt to pay off all of last years profits to your customers.
quoted for ignorance of the law.

If you deposit cash at your bank, and someone breaks in and steels it, should the bank have to pay you back for it?
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July 20, 2011, 06:04:41 PM
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I never understood where this consumerist entitlement sprang up from where someone thinks because they payed a company a few dollars for a service or product... That that company is now forever responsible for keeping them happy. If someone breaks into your house and steals this product.... you deserve a new one!!

Sure they fucked up on their security, but that's how everything works. You put your trust in the wrong place. so you should be writing them off and never dealing with them again. That's where their responsibility stops. Trust destroyed means no more business, not you need to go into debt to pay off all of last years profits to your customers.
quoted for ignorance of the law.

If you deposit cash at your bank, and someone breaks in and steels it, should the bank have to pay you back for it?

I guess it depends on the contract you signed with the bank.
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July 21, 2011, 12:41:13 AM
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I never understood where this consumerist entitlement sprang up from where someone thinks because they payed a company a few dollars for a service or product... That that company is now forever responsible for keeping them happy. If someone breaks into your house and steals this product.... you deserve a new one!!

Sure they fucked up on their security, but that's how everything works. You put your trust in the wrong place. so you should be writing them off and never dealing with them again. That's where their responsibility stops. Trust destroyed means no more business, not you need to go into debt to pay off all of last years profits to your customers.
quoted for ignorance of the law.

If you deposit cash at your bank, and someone breaks in and steels it, should the bank have to pay you back for it?

Ignorance of the law indeed.  The only reason you are entitled to your money being safe in that situation is the bank pays many millions of dollars a year in insurance.  If mtgox has no such insurance, than you are shit out of luck and should know that when you hand over your money in the first place.
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