Computers can verify, instantly and exactly, the monetary damage of "stolen" bitcoins. Nobody has veified (or posssibly can verify) the damage of a "stolen' movie. For all we know piracy promotes purchase. Either way,…
> It's not just about losing the bitcoin, people running these exchanges may be personally liable. The law is still very murky here, and there are plenty of ways to deflect responsibility. I'm not saying any of this is…
But are the customers willing to pay a significant premium price for the development effort of NASA-ized exhange? If the answer is no (and I suspect it is), then incentives are aligned so that putting extra effort into…
Computers can verify, instantly and exactly, the monetary damage of "stolen" bitcoins. Nobody has veified (or posssibly can verify) the damage of a "stolen' movie. For all we know piracy promotes purchase. Either way,…
> It's not just about losing the bitcoin, people running these exchanges may be personally liable. The law is still very murky here, and there are plenty of ways to deflect responsibility. I'm not saying any of this is…
But are the customers willing to pay a significant premium price for the development effort of NASA-ized exhange? If the answer is no (and I suspect it is), then incentives are aligned so that putting extra effort into…