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Old 12-12-2013, 09:49 PM   #587
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Quote:
Originally Posted by Hondaracer View Post
the heists also wouldnt have happened if they hadnt had deposited their BTC into a third party..

the equivalent would be leaving your wallet at the bus stop
I'm just highlighting the potential risk. Since no one really controls/manages the BTC, what if the owner of a major trade/deposit site decides to take all BTC it got and flee? Remember, there is no way of tracing a BTC and most gov don't recognize BTC. So, if that ever happens... bye bye all your BTC and you got no where to file a claim.

Basically, the "bank" you deposit BTC can go rogue overnight. However trustful it is. But hey, since there is no law against it, why not if given enough incentive.
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