You are viewing a single comment's thread from:
RE: The Facts
Since when is it legal to use customer assets without ever mentioning anything in that direction
Banks does it all the time.
Since when is it legal to use customer assets without ever mentioning anything in that direction
Banks does it all the time.
Okay - so we just continue fucking and stealing from each other?
I do think it's morally wrong and totally unexpected that the exchanges should use tokens deposited by customers to support one side in a conflict, even without doing sufficient amounts of due research, but I don't think any laws have been broken here. It could even be good that the exchanges react to protect weak chains against hostile takeovers - though, in this case it seems quite clear to me that the "hostile takeover" is performed by those running the .5-version.
When customers want to withdraw tokens but cannot because they are "powered up" and cannot be "powered down" instantly ... well, that's also quite unexpected, unheard of, and even quite unacceptable - but I'm not sure any laws are broken. Banks take this risk all the time. Airline companies ... even worse, sometimes even getting the police to drag out passengers that have a valid ticket from the plane because it's overbooked. (digression: my parents-in-law ended up in transit on a small airport as the second leg of their journey was overbooked, the flight company had no personnel on the airport that could take care of them, internet on the airport didn't work, roaming was bloody expensive, and they don't speak English that well - they had to call my wife, she spent an hour sorting things out for them. Horrible story, but I don't think the flight company broke any laws).
If thieves run the gubmint and legalize theft, then.. O wait.
Caveat Emptor. I don't use banks, and I don't use exchanges, because they're thieves. Wanna keep your money? Don't let thieves handle it.
:-)