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by xorcist 3083 days ago
What are you talking about? If someone steals your gold, your recourse is the police force upholding civil law. The situation with Bitcoin would be identical.

When people speak about military backing of currency value, they do not imply that you can expect Her Majesty's Royal Navy to come out in full force should your British Pounds get stolen.

Of all the criticisms about Bitcoin, that was an unusual one. There are no special courts for stolen cars, cattle or currency. There's just the regular ones.