Show me your wallet with a good amount of cash and leave the room for a while.

Afterwards, let's talk about your comparison. Is 'can be stolen' really something that the state can protect you against? Let's discuss it over dinner. Depending on the contents of the wallet I'd pay.

On a more serious note: Your mockery, while amusing, is unrelated to the problem at hand. 'Stealing amounts of $currency from private persons' is not a new idea or something that bitcoin is supposed to change?

What state? PCI DSS is private regulation.

Two problems.

1) I don't think PCI is relevant here. If you store bitcoins somewhere and they get stolen then this is, in my world, cash. It's your very own digital cash. Not a credit card. That's why I constructed a (probably poorly implemented) example of someone leaving a wallet full of shiny $currency notes out there.

2) 'What state?' WTH? Can I reply with 'What kind of question is that?' The state I'm coming from is called 'Northrhine-Westfalia' [1]. Now I'm living elsewhere and there are no 'states' here. I can offer the district 'Tel-Aviv'? The point is, 'what state' is invoking aggressive feelings towards your US-centered mindset.

1: https://en.wikipedia.org/wiki/Northrhine-Westfalia

Oh, FFS. I meant "what state?" as in, "why are you talking about the state?", since you said:

    (...) something that the state can protect (...)

and since the PCI (which was what we were talking about) is private, it doesn't make sense to talk about the State.

US-centered mindset

The fuck? Firstly, I'm European. Secondly, I assumed you were talking about the State[1], not a particular state.

[1]: https://en.wikipedia.org/wiki/State_(polity)

First and foremost: I'm sorry. We clearly didn't talk about the same thing and I misunderstood what you wrote.

My take: Someone was mocking Bitcoins with "But all that regulation is evil and it's the freedom of bitcoin that gives it the power" and I tried to make a point saying that _no regulation is involved here_ (laws? certainly). This is a wallet, it got stolen. Your credit cards are protected, your cash is gone for good.

You invoked PCI and I was (and am) unable to make the connection, maybe again because of a misunderstanding? I'm talking cash. Bitcoins are cash in my world (or - at least their value is equivalent to cash, if you choose to sell them).

From there we went downhill and I overreacted. Yes, for me 'state' is exactly what you posted. Again, sorry for the lapse.

Well, I'm sorry for the confrontational reaction.

I invoked PCI because of the thread: the original post was from klodolph, who said:

(...) You can't process credit cards on a VPS and be PCI compliant (it's against the rules), but any moron can do what they want with bitcoins.

And to that gravitronic replied:

But all that regulation is evil and it's the freedom of bitcoin that gives it the power(...)

"All that regulation" only makes sense if gravitronic is talking about PCI, which was the only regulation cited by klodolph.

I believe some states have laws requiring parts of PCI DSS to be implemented.

To be fair, websites were all continuously compromised last years, many of which have nothing to do with bitcoin.

Even so, bitcoin seems to attract every shark in a one thousand mile radius.

It'd be worth it if more people used Bitcoins. No, we don't NEED regulation. We need competence and standards, which can come about without incompetent government intervention.

Nobody said anything about government intervention. PCI DSS is private regulation.