Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on October 30, 2018, 03:52:23 PM
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A few disputes broke out over the last several weeks in area such as bankruptcy and suspected scamming. We don't have definite laws or procedure on how to deal with trespassers or processing evidence yet.
But I think a couple of details is emerging as far as law goes:
1. Bankrupted person will defer all payments to creditors and wronged parties for the amount that was owned.
2. Those who are suspected of scamming but protest their innocence could pay a 'fine' in case of damning evidence.
Those these laws are not definite as it need some more iteration and more testing to make it work.
I would give it a couple of 'court cases' before something good emerge.
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it's true and I think the bitcoin legal system is quite difficult to implement, no, but I'm sure the law in bitcoin will run smoothly.