So this bunch of idiots can't access the legal system or expect justice, unless they fully accept the inevitability of currency debasement or the revolving-door system between banks and government?

That's exactly why I love bitcoin threads like this. Because of the sour grapes who stood by the sidelines over the past 8 years.

Btw, applying "plain" justice or bankruptcy to insolvent financial institutions was exactly what they didn't do in 2008. Listen to the recordings of Irish bankers how they would approach regulators. "If they say, if they saw the enormity of it up front, they might decide, they might decide they have a choice."

Instead of putting skin in the game of people like this, they socialized the losses, suspended mark-to-market and papered it over with ridiculous amounts of legislation that was written with the help of the same people who were bailed out. Almost nobody went to jail. That's probably why we have blockchain to begin with and why 10 years later we'll have to go through something similar or worse.

https://www.theguardian.com/business/2013/jun/24/anglo-irish...