Digging for answers: The “strong smell” of fraud from one Bitcoin miner maker

The eternal question I always have is: if you make machines that print money, why would you sell them?<p>There are several plausible answers, but it&#x27;s still interesting to think about.<p>(Although in this case, the answer may be &quot;they <i>don&#x27;t</i> make machines that print money and they sell them anyway&quot;)

Before anyone knee-jerks the &quot;you asked for anarchy&quot; response, bear in mind that A: libertarians generally are OK with contract enforcement and B: the real world legal system is apparently already quite involved, and I doubt anyone&#x27;s complaining.<p>(Libertarianism isn&#x27;t anarchy. If it were, we wouldn&#x27;t need a separate word.)

Where ever greed is involved, it must be administrated. Otherwise it would be as chaotic as sadly things are shaping up in the bitcoin world.<p>I will try to search for ARS article on butterfly, which went into depth about mining, actually it was my first time, I had completely known what is bitcoin mining. Now When I read &#x27;butterfly&#x27; I was in a complete shock and awe.....<p>here it is. <a href="http://arstechnica.com/gadgets/2013/05/weve-got-a-butterfly-labs-bitcoin-miner-and-its-pretty-darn-fast/" rel="nofollow">http:&#x2F;&#x2F;arstechnica.com&#x2F;gadgets&#x2F;2013&#x2F;05&#x2F;weve-got-a-butterfly-...</a>

If you want an excellent example how to not run a company, go through this guy&#x27;s post history<p><a href="https://bitcointalk.org/index.php?topic=276848.msg4602313#msg4602313" rel="nofollow">https:&#x2F;&#x2F;bitcointalk.org&#x2F;index.php?topic=276848.msg4602313#ms...</a><p>&#x27;Inaba&#x27; is the COO of Butterfly Labs. He also runs his own mining pool (prob with customer miners)

So what&#x27;s the method of the scam? Take money from people to build the machines; run the machines to earn bitcoin; use that bitcoin to repay anyone who complains and hope the bitcoin is profitable?<p>Could people sue for the lost opportunity of bit oin they could have earned if they had the machines?

How poorly run do you have to be to not make money simply selling the hardware and harvesting bitcoins during the burn in period? It&#x27;s no different than using the float in other ways. Do it in a way that customers are still happy and everyone wins.

Isn&#x27;t the object of business generally to do as much nefarious stuff as you can get away with?<p>With bitcoin I think the &#x27;moral&#x27; bar is a bit lower because this is new territory.<p>note: I do not believe this (that business moral judgements are just what they can get away with), but it seems to be a commonly held belief.<p>note #2: to people the downvoted this, if it wasn&#x27;t a thought provoking or at least intelligent comment please elaborate why.