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Topic: Is stealing Bitcoin illegal? - page 43. (Read 39523 times)

full member
Activity: 174
Merit: 100
July 17, 2016, 09:03:23 PM
If its illegal or legal its irrelevant.

Ultimately, what prevents us from pursuing illegal activities its the accordance or not to our moral being, not its legality.

Is it morally questionable to use those  50BTC?

Yes, if your gonna spend it on a gold platted iphone.

No, if your gonna feed 20 000 starving kids with it.

Ask someone else and you may have a different answer. There are no clear answers when we enter into the human soul.
full member
Activity: 224
Merit: 100
July 17, 2016, 08:26:32 PM
yes off course everything to stealing is illegal and then stealing of bitcoin or money and gold anything to stealing is already illegal in any law of country in the world .
sr. member
Activity: 292
Merit: 251
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July 17, 2016, 05:32:17 PM
As long as bitcoin is not regulated , no it is not illegal. However it is highly unethical and I wouldn't do it! Furthermore , what if in the future there are some kind of bitcoin laws and they are able to track the address back to you? Would you take that risk? If this happened to me I would definitely destroy the address and the seed that I created, I don't think it's worth my freedom and dignity. A steal is always a steal.

Okay, how about the following situation. You stumble upon a wallet that has 50 BTC in it and hasn't been used for years, forgotten. Would you still destroy the seed?
sr. member
Activity: 351
Merit: 250
July 17, 2016, 04:14:19 PM
As long as bitcoin is not regulated , no it is not illegal. However it is highly unethical and I wouldn't do it! Furthermore , what if in the future there are some kind of bitcoin laws and they are able to track the address back to you? Would you take that risk? If this happened to me I would definitely destroy the address and the seed that I created, I don't think it's worth my freedom and dignity. A steal is always a steal.
hero member
Activity: 770
Merit: 500
July 17, 2016, 02:41:30 PM
I have to stay this may be the most bad question i've seen hear.
Stealing, whatever you want to steal, bitcoin, property or an account, is always illegal. So yes if you scam someone that is stealing and punishable by law.
yeah, it is pretty obvious that stealing literally anything is illegal, in my opinion it is better to avoid taking something from another person without the permission at all
sr. member
Activity: 448
Merit: 250
July 17, 2016, 02:36:15 PM
I have to stay this may be the most bad question i've seen hear.
Stealing, whatever you want to steal, bitcoin, property or an account, is always illegal. So yes if you scam someone that is stealing and punishable by law.
member
Activity: 84
Merit: 10
July 17, 2016, 02:28:11 PM
Take a look at this article http://www.wired.com/2013/08/bitocoin_anonymity/ "Whoever pulled off the Betcoin heist hasn’t been caught, but once stolen Bitcoins pass into an exchange or they’re used in some other transaction, law enforcement has many ways of tracking down a culprit. You need to provide proof of identity to trade on Mt. Gox. Exchanges can also hand over information such as IP addresses and bank account numbers to investigators.

The feds are still concerned about such thefts, and about Bitcoin’s role in money laundering and illicit commerce. Last year, a leaked FBI Intelligence Assessment warned that the private nature of the digital currency could make it hard for law enforcement to track criminals. You don’t need any ID to create a Bitcoin wallet, but the Bitcoin network is built in a way that can make it awfully difficult for criminals to spend the digital currency once they steal it." stealing bitcoin is just as illegal as stealing real world money.
member
Activity: 84
Merit: 10
July 17, 2016, 02:26:12 PM
Victims of credit card theft can cancel a card or reverse fraudulent transactions, but Bitcoin is attractive to thieves because its transactions are irreversible. “Bitcoin is like cash,” says Nicolas Christin, an assistant research professor at Carnegie Mellon University who has done extensive analysis of Bitcoin. “The only way to get it back is by tracking you down and basically beating you up with a lead pipe.” It's illegal according to this article but no one can do anything bobut it
legendary
Activity: 2912
Merit: 1068
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July 17, 2016, 01:41:59 PM
If you take something that doesn't belong to you, yes, that is stealing. Although it's a bit hard to prove that you have stolenn the Bitcoins from someone, because of the way he is functioning. But in your case it's not very likely that you come to someone elses Bitcoin on the way that you have described, so don't worry.
hero member
Activity: 1106
Merit: 521
July 17, 2016, 01:38:17 PM
i would consider it stealing, if you deprive someone of something that they own and they can no longer have it then that is stealing...... and is also the reason that file sharing is not stealing as both parties can have it at the same time.
hero member
Activity: 658
Merit: 500
July 17, 2016, 01:34:28 PM
#99
Yes for me it is illegal although stealing is also a bad habit to do .but i think when you steal it when someone finds or knows that you stole that bitcoin it can be file as robbery if i am not wrong?
newbie
Activity: 54
Merit: 0
July 17, 2016, 01:26:29 PM
#98
As I know , correct me if I'm wrong , one address can be produced from multiple private keys .
Just in theory , lets say that I have send one bitcoin to "X" address using my "A" private key .
Someone generates the same address with "B" private key.
He can see my one bitcoin , but can he spend it without having my "A" private key ?
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
July 17, 2016, 01:11:31 PM
#97
yes it is a 100% illigal act but if i got that type of chance then maybe i will not miss it  Shocked , we are at a anonymous system and i got free money without any hard work(attempting  hacking for 3years on a single phone)
sr. member
Activity: 420
Merit: 250
July 17, 2016, 12:55:44 PM
#96
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
j
Taking whatever does not belong to you is wrong from the moral point of view however the determination of whether illegal or not is left to law to decide and in this case to the best of my knowledge in countries where Bitcoin is not legalizd then its not illegal from the legal point of view but from the moral point, it is wrong... My 2cents...

Let's say that you did get that bitcoin by miracle do you think you can keep on living your life like this ? I think this is a miserable life to live and yes it is wrong as long as it is stealing. It can bring you no good.
hero member
Activity: 798
Merit: 503
July 17, 2016, 12:52:27 PM
#95
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
j
Taking whatever does not belong to you is wrong from the moral point of view however the determination of whether illegal or not is left to law to decide and in this case to the best of my knowledge in countries where Bitcoin is not legalizd then its not illegal from the legal point of view but from the moral point, it is wrong... My 2cents...
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
July 17, 2016, 12:51:50 PM
#94
So are you planning on opening a Bitcoin exchange or a cloud mining business? ROFL
hero member
Activity: 798
Merit: 503
July 17, 2016, 12:38:13 PM
#93
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
I think it really depends on a country. On your one and on a country of smb you steal from. In some countries btc is out of law (you can do anything with it if they don't have the a precedent in law), in others it might be a serious crime

I think it is just a bug if that happens and it is not going to be a miracle if that happens because it is going to be a bug for sure.
And if that happens for sure you are not stealing at all and it is not your fault.
You are just lucky after all.
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
j
Taking whatever does not belong to you is wrong from the moral point of view however the determination of whether illegal or not is left to law to decide and in this case to the best of my knowledge in countries where Bitcoin is not legalizd then its not illegal from the legal point of view but from the moral point, it is wrong... My 2cents...
legendary
Activity: 1470
Merit: 1001
July 17, 2016, 12:32:40 PM
#92
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.

This is an interesting question, it might be like walking on street and finding some money on the floor. Will you catch this money? if don't the next person that see the money will catch it.
In other case stealing bitcoins is illegal like stealing any other things.
legendary
Activity: 3248
Merit: 1402
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July 17, 2016, 12:27:09 PM
#91
Let's say I generate a new address and by some miracle it has Bitcoin already in it belonging to somebody else. Is it legal to just take it? I understand those odds are very low, no need to lecture me, I'm just interested.
I think it really depends on a country. On your one and on a country of smb you steal from. In some countries btc is out of law (you can do anything with it if they don't have the a precedent in law), in others it might be a serious crime
hero member
Activity: 750
Merit: 601
July 17, 2016, 12:22:59 PM
#90
Theft in English law is:
   "dishonest appropriation of property belonging to another with the intention to permanently deprive"

Each key word is loaded with legal meaning.
I'd say if you deliberately took bitcoins from someone else, and an average person would consider that act dishonest, plus you didn't ever intend to give them back, that will satisfy all the requirements to make it a theft.


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