Topic: Ownership vs Possession of bitcoins - page 2. (Read 3001 times)
My contention to this debate is simple, and I think others will agree with me (though many are not in the intersango thread), that if you have the bitcoin then you are the rightful owner (unless you stole the wallet), because those bitcoin must be digitally signed to you for you to have possession. Bitcoin possession = ownership
That linked thread is dumb and will never have a reasonable conclusion since everyone in there has a different idea about what property ownership means, know one knows the law, and everyone assumes that Bitcoin falls under whatever laws they are making up or misappying.
Unless you want to start having the government decide who owns what bitcoins at will, it's best to stick with possession determining this. Demanding the government correct for business mistakes is what led to the bank bailouts and our terrible economy. That is not what bitcoin is supposed to be about.
Discuss! Also, see [ DO NOT POST SESC LINKS ]this[/url].
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Discuss! Also, see this.
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