[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]


--On Tuesday, February 25, 2014 2:40 PM -0700 Kelly John Rose <[email protected]>

> On Tue, Feb 25, 2014 at 1:22 PM, Lodewijk andré de la porte
> <[email protected]>wrote:
>> Their current website announcement is a straight offense too.
> I find it somewhat ironic that they are shutting things down to avoid a
> run on the bank. They can't go to fractional reserves without essentially
> upsetting the ideology 


> of many of their users and they cannot let their
> users take money out because they didn't implement the most basic
> accounting procedures for these things.
> Sadly, this is the precise reason banks are generally heavily regulated.

	The problem with the exchange is that they stole the coins, full stop.
That's got nothing to do with regulation. It's plain thievery.

	...Unless by regulation you mean the fundamental belief that theft is
wrong...a belief that so called regulators or any other government
supporting retards don't share anyway.

> Without that regulation, corners get cut and millions of dollars get
> stolen with no recompense.
> -- 
> Kelly John Rose
> Toronto, ON
> Phone: +1 647 638-4104
> Twitter: @kjrose
> Skype: kjrose.pr
> Gtalk: [email protected]
> MSN: [email protected]
> Document contents are confidential between original recipients and sender.