Bitcoin Sued
Posted by Terra Nova [HTML][XML][PERM][FULL] on 14 August 2012, 10:56 am
Edward CastronovaSomeone hacked a Bitcoin vendor. The vendor had some trouble making payments to account holders. Now some of those account holders have sued the vendor to the tune of about a half-million $US. There's a tension between the freedom of a virtual currency and its security. I wonder - how secure are holdings of priority points and rewards and the like? How secure is Facebook-based money? How secure are credit card systems like Square? Dollars and Euros and Yen are protected by law enforcement. Other things aren't. Will that in the long run make the difference between currencies that survive?


· Older Entries >>

Show: [ALL] [NEWS] [BLOGS] [PODCASTS]

Updated Today:
A Green Mushroom [HTML] [XML] [FULL]
Bethesda Blog [HTML] [XML] [FULL]
Bioware TOR Dev Blog [HTML] [XML] [FULL]
DDOcast [HTML] [XML] [FULL]
Engadget Gaming [HTML] [XML] [FULL]
Lineage II [HTML] [XML] [FULL]
Massively Overpowered [HTML] [XML] [FULL]
MmoQuests.com [HTML] [XML] [FULL]
Reign of Gaming [HTML] [XML] [FULL]
Updated this Week:
Anyway Games [HTML] [XML] [FULL]
mmocam! [HTML] [XML] [FULL]
MMORPG.COM News [HTML] [XML] [FULL]
Mystic Worlds [HTML] [XML] [FULL]
Ogrebear's Thoughts [HTML] [XML] [FULL]
The Instance [HTML] [XML] [FULL]
Zen of Design [HTML] [XML] [FULL]
Updated this Month:
Blue Kae [HTML] [XML] [FULL]
Erik Hyrkas's MMO Blog [HTML] [XML] [FULL]
Heartless Gamer [HTML] [XML] [FULL]
Morphisat's Blog [HTML] [XML] [FULL]
No Prisoners, No Mercy [HTML] [XML] [FULL]
Raph Koster [HTML] [XML] [FULL]
The Old Republic News from Bioware [HTML] [XML] [FULL]
The Ramblings of JoBildo [HTML] [XML] [FULL]
Wolfshead Online [HTML] [XML] [FULL]