Could there be a law on stolen bitcoins? - page 10.

Hazir

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Quote from: AgentofCoin on November 07, 2016, 09:35:57 PM

Quote from: Harem on November 07, 2016, 09:25:53 PM

Well, stealing is a crime itself, so yes. I don't see why it would be allowed. It's stealing lol.

Stealing requires ownership, Bitcoin network grants no legal ownership rights.

It seems that it is high time to update our law. Because if stealing bitcoins can't be considered crime according to standard penal code then I find it totally unfair.
At first internet piracy wasn't crime either - you haven't been stealing anything - making a copy is not crime - and then we got copyright infringement laws...
We need something like that with cryptocurrency ASAP.

Mr. Big

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Quote from: xhomerx10 on November 07, 2016, 09:17:09 PM

An item doesn't have to be regulated in order to report it stolen! Where in the world do you guys come up with this shit?!

Ex-U.S. agent gets over six years for bitcoin theft in Silk Road probe

I think his case is not just stealing bitcoin, it says there that "extortion, money laundering and obstruction of justice" - It's not clear to me which one gets him a 87 months in jail...I am not yet around to bitcoin when it happened I think, I am not sure if he stole the "evidence" after seizing the silkroad and investigating it or the bitcoin in silkroad when it was still operating...

Harem

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Well, stealing is a crime itself, so yes. I don't see why it would be allowed. It's stealing lol.

AgentofCoin

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Quote from: Harem on November 07, 2016, 09:25:53 PM

Well, stealing is a crime itself, so yes. I don't see why it would be allowed. It's stealing lol.

Stealing requires ownership, Bitcoin network grants no legal ownership rights.

Quote from: xhomerx10 on November 07, 2016, 09:17:09 PM

An item doesn't have to be regulated in order to report it stolen! Where in the world do you guys come up with this shit?!

Ex-U.S. agent gets over six years for bitcoin theft in Silk Road probe

He didn't get in trouble for "stealing bitcoins", that is a BS headline for lay people.
He broke many crimes unrelated to bitcoin and violated certain regulations required as a federal agent.

Quote

Carl Force, a former U.S. Drug Enforcement Administration agent, admitted to charges of extortion, money laundering and obstruction of justice.

He was not charged with "theft of property" aka stolen bitcoins, because there is no such law.

Almost all things are regulated under law, whether you are aware of it or not.
Currently, bitcoin is not regulated and as such, there are no laws that determine a users rights.

holydarkness

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Wait..... can it be stolen? I mean, except if someone was giving his private authentication like password and identifier (might as well the 2fa) (which leads to a conclusion that he gave permission to the thief to get in) I read somewhere that it is near impossible to crack the security mechanism of trusted wallet. Like we need to be immortal first or something like that.

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An item doesn't have to be regulated in order to report it stolen! Where in the world do you guys come up with this shit?!

Ex-U.S. agent gets over six years for bitcoin theft in Silk Road probe

AgentofCoin

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Quote from: jossiel on November 07, 2016, 09:00:24 PM

Quote from: groll on November 07, 2016, 08:21:36 PM

Quote from: xhomerx10 on November 07, 2016, 08:07:20 PM

Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

Theft is illegal in every country on this earth. Where are you from? Huh

I'm just talking about bitcoins here. A Law On Bitcoins Stealing. Not on theft as general term. By the way, i'm from earth Wink

...
And as of now, it is really sad that if you will be a victim of stealers, you can't do something about it.

What is really sad is that Bitcoin was designed so that there is nothing you can do and you don't know that.
That was the whole point and the reason why Bitcoin works and is not currently regulated.

If you could get your coins back or "do something about it" then there is no point in using bitcoin.
If you want the ability to do something if theft or accident, why aren't you using paypal?

jossiel

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Quote from: groll on November 07, 2016, 08:21:36 PM

Quote from: xhomerx10 on November 07, 2016, 08:07:20 PM

Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

Theft is illegal in every country on this earth. Where are you from? Huh

I'm just talking about bitcoins here. A Law On Bitcoins Stealing. Not on theft as general term. By the way, i'm from earth Wink

I don't think so that there is already a law for each country that is covering the case of stealing of bitcoins. Even though stealing is illegal and crime.

But still there is no law for it and I think that will be long time before a law will be pass and consider that they will honor bitcoin.

And as of now, it is really sad that if you will be a victim of stealers, you can't do something about it.

AgentofCoin

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Quote from: clickerz on November 07, 2016, 08:53:04 PM

Quote from: Mr. Big on November 07, 2016, 08:46:23 PM

If stealing bitcoin become a crime, it would fall on "theft" and there is a law against it, but since bitcoin is not recognized by the government as a money and its property, therefore they won't care about it... It could just be reported as a cyber crime, and piled on the desktop and sometimes not seriously being act upon by authorities...

I think this article could atleast give you an idea about what I am saying;

http://gizmodo.com/as-punishment-for-stealing-bitcoin-man-must-teach-poli-1784285875 , just look for the judge's statement about bitcoin...

...There is no need for legislation it to become a law. Also, as you pointed it is also falls under cybercrime and other digital or electronic fraud. ...

Laws come from legislation.
For there to be a law that defines bitcoin and what constitutes it's theft, there needs to be clarification and legislation.
For bitcoin to fall into either cybercrime or digital/electronic fraud, there will need to be additions to those laws.

clickerz

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Quote from: Mr. Big on November 07, 2016, 08:46:23 PM

If stealing bitcoin become a crime, it would fall on "theft" and there is a law against it, but since bitcoin is not recognized by the government as a money and its property, therefore they won't care about it... It could just be reported as a cyber crime, and piled on the desktop and sometimes not seriously being act upon by authorities...

I think this article could atleast give you an idea about what I am saying;

http://gizmodo.com/as-punishment-for-stealing-bitcoin-man-must-teach-poli-1784285875 , just look for the judge's statement about bitcoin...

I think you have a good point here sir. There is no need for legislation it to become a law. Also, as you pointed it is also falls under cybercrime and other digital or electronic fraud. But maybe there are clarifications on theses on the boundaries in between.

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Quote from: groll on November 07, 2016, 08:21:36 PM

Quote from: xhomerx10 on November 07, 2016, 08:07:20 PM

Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

Theft is illegal in every country on this earth. Where are you from? Huh

I'm just talking about bitcoins here. A Law On Bitcoins Stealing. Not on theft as general term. By the way, i'm from earth Wink

That's so far from the real implementation. From your statement, it's mean it's get regulated by the government. I just concerning with what would have happened in reality.
You can try for sending you statement totally for your government.
Even the Bitcoin are not get official legalisation by the government and forget it.

AgentofCoin

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Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

No, there can be no law(s) on stolen bitcoins.
There are too many factors that need to be taken into account that the average legal system can
not determine. For example, there needs to be a mechanism to prove you still don't have the "stolen" coins.

Mr. Big

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While my guitar gently weeps!!!

If stealing bitcoin become a crime, it would fall on "theft" and there is a law against it, but since bitcoin is not recognized by the government as a money and its property, therefore they won't care about it... It could just be reported as a cyber crime, and piled on the desktop and sometimes not seriously being act upon by authorities...

I think this article could atleast give you an idea about what I am saying;

http://gizmodo.com/as-punishment-for-stealing-bitcoin-man-must-teach-poli-1784285875 , just look for the judge's statement about bitcoin...

john2231

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It is illegal but even we have the law stolent bitcoins it is impossible to trace those thieves since bitcoin is anonymous and you can use bitcoin mixer to be anonymous your transaction and done you are far to caught by NBI or police..
And there is a law even in bitcoin there should be a laws and punishment for those thief's

groll

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Quote from: xhomerx10 on November 07, 2016, 08:07:20 PM

Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

Theft is illegal in every country on this earth. Where are you from? Huh

I'm just talking about bitcoins here. A Law On Bitcoins Stealing. Not on theft as general term. By the way, i'm from earth Wink

xhomerx10

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Quote from: groll on November 07, 2016, 07:56:08 PM

Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

Theft is illegal in every country on this earth. Where are you from? Huh

groll

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Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it. Huh

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