Re:Operators of Coin.mx arrested by the FBI
by joosters on Wednesday July 22, 2015 @04:18AM
(#9928314)
Do "bitcoin proponents" dream about defrauding people at a disproportional rate? This has been the opposite of my experience.
The levels of fraud in Bitcoin are vastly higher than in other money systems like credit cards. Even if you count just one incident, Mt. Gox, the % of bitcoins that have been stolen is immense.
So, yes there are definitely lots of Bitcoin proponents dreaming about (and actually carrying out) fraud!
Re:Operators of Coin.mx arrested by the FBI
by thaumasiotes on Wednesday July 22, 2015 @05:23AM
(#9928506)
Why do you think the people stealing bitcoins are proponents? Bank robbers are rarely dollar proponents in the US, or yen proponents in Japan. Muggers generally aren't cash proponents or jewelry proponents. Conmen might be proponents of certain financial schemes, or they might just be charismatic.
Re:Operators of Coin.mx arrested by the FBI
by kuschku on Wednesday July 22, 2015 @07:45AM
(#9928976)
A lot of the Bitcoin proponents are anarcho-capitalist – "I don’t want to have governments building streets from my tax money, I’d rather have every road be a toll road".
Check #bitcoin-assets on freenode, I hung out there for a few weeks, and it’s... crazy.
"How will the government force me to pay taxes? I don’t own bitcoins, I merely happen to have the piece of knowledge that is required to spend them"
* Do "bitcoin proponents" dream about defrauding people at a disproportional rate? This has been the opposite of my experience.
* It's already pretty easy to buy food with bitcoin.