Here's an
awesome post from reddit about the bitcoin mining incident, and I think it pretty well sums up the incident.
Quote:
You just need to use an analogy:
You drive to a fancy restaurant in your brand-new car. You can't find reasonable parking anywhere, so you decide to use their valet service. You're told that you have to give your car keys to the valet, so they can go park it someplace safe while you enjoy your dinner. You do so.
The valet immediately drives off to the nearest demolition derby, and enters your brand-new car. So, the bad news is that your car is now really messed up, because, you know, it's a demolition derby. But the good news is that the valet won lots of prize money! It's too bad he's going to keep all of it, and not give you any.
You leave the restaurant, and see that your car has been horribly smashed up. The valet initially denies damaging your car at all, but once you point out that one of your doors is missing, and that he's still wearing a helmet with a demolition derby logo on it, he says that you "misunderstood" what you were agreeing to when you handed over your keys. He claims that when you did so, you were giving him permission to use your car, and therefore you were allowing him to drive your car in the demolition derby, and smash it up as much as he wanted. You say that's ridiculous and threaten to call the police, so finally, he assures you that all of the damage that he caused to your car will be completely repaired, and any parts that he broke will be replaced, free of charge. You just need to take it to the auto repair shop that's run by his father. No, he won't pay your repair bills if you take it to any other shop. You have to go to his dad's shop.
So you take your car to his father's shop, and his father is outraged. "You're saying that my son did this to your car?" You explain that your car was brand new, right off of the lot, and only after you used the valet parking service was it completely totaled. You mention that his son admitted to driving your car in a demolition derby. "Do you have any proof that this damage was caused in the demolition derby? You could have crashed your car five minutes before driving it to the restaurant. Do you have a detailed analysis of your car's condition from exactly five minutes before?" Of course you don't. "Well, too bad. Looks like you'll have to pay whatever the fuck I want to charge you."
The valet and his mechanic father continue to do this to thousands of cars. They make lots of money smashing up other people's cars in the demolition derby, and they make lots of money charging to repair the very damage they caused.
And everyone still has to pay for the valet service, too.