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Topic: Should Satoshi's coins be deleted? (Read 5211 times)

member
Activity: 171
Merit: 12
May 17, 2015, 10:44:36 AM
Hell no!!!

If that were done, it would kill the coin.
sr. member
Activity: 406
Merit: 250
May 17, 2015, 03:58:04 AM
wow. 6 pages of replies to a troll post.
At least you are on-topic.

I will say not to delete Satoshi's coins.
hero member
Activity: 714
Merit: 662
May 15, 2015, 01:18:21 PM
wow. 6 pages of replies to a troll post.
At least you are on-topic.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
May 15, 2015, 11:11:20 AM
wow. 6 pages of replies to a troll post.
hero member
Activity: 854
Merit: 503
|| Web developer ||
May 15, 2015, 11:00:05 AM


If there was a way to get rid of satoshi's coins. Should they be deleted?





Hmm, the satoshi's coins are a lot and theirs no way to sell them or enter them in other profitable
things , that will come bitcoin price death , the best way is to just delete them as you say .

Bitcoin Boy .
hero member
Activity: 714
Merit: 662
May 15, 2015, 10:54:13 AM
oh no ! Do you know the manga One Piece ?

It is like telling me that the treasure of Gold Roger that just fired a new age of exploration does not exist : https://www.youtube.com/watch?v=uM7uCI6LXbU
legendary
Activity: 2772
Merit: 2846
May 15, 2015, 10:33:06 AM
well your question is a little bit off-topic since coins on bitcoin can't be deleted

Technically speaking, yes, they can.
All it takes is knowing exactly which addresses belong to Satoshi and then tamper with the blockchain.
Of course the majority would have to agree on the new chain.

And because the majority would never agree with the new chain, you may as well acknowledge that they cannot Smiley

Another way that they could be deleted would be for someone to alter Satoshi's brain and/or his records such that he cannot find his private keys.  That would also effectively delete them, but again, why are we considering these outlandish scenarios?  Lol.

Where would it stop if all the miners agreed to start deleting particular coins? There have been countless scams in the Bitcoin world and people would start demanding deletion of stolen/scammed coins. What if buyers had innocently bought those stolen coins, then the miners all agreed to delete them?
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
May 15, 2015, 10:11:05 AM
well your question is a little bit off-topic since coins on bitcoin can't be deleted

Technically speaking, yes, they can.
All it takes is knowing exactly which addresses belong to Satoshi and then tamper with the blockchain.
Of course the majority would have to agree on the new chain.

And because the majority would never agree with the new chain, you may as well acknowledge that they cannot Smiley

Another way that they could be deleted would be for someone to alter Satoshi's brain and/or his records such that he cannot find his private keys.  That would also effectively delete them, but again, why are we considering these outlandish scenarios?  Lol.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 15, 2015, 05:35:29 AM
#99


If there was a way to get rid of satoshi's coins. Should they be deleted?

I think the best way to get rid of those coins is to just donate them. not at once but little by little. there are many charity organization accepting bitcoin like red cross or something
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
May 15, 2015, 05:19:00 AM
#98
Instead of showing the world all the gold, US gov. will show the world 1 million bitcoins by signing a message.
Satoshi does not exist.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
May 15, 2015, 05:14:50 AM
#97
I honestly think Satoshi considers doing all sorts of things with his coins, but doing nothing with them is the best option he can come up with. I bet he often considers distributing most of his coins amongst the community, but after 3 seconds looking at the main page here at bitcointalk, he thinks to himself "Why would I give my coins to these retards?" honestly, he sits there looking at his baby, watching it roll around in its own filth, and thinks "....nope..."

now, those coins can not be deleted by an external force, only the holder of the private keys can do that. If you or I or the bitcoin foundation, or Gavin, or anybody other than satoshi had the power to delete someone else's coins, bitcoin would be finished instantly and could never be saved.

I think he might wait until its a world dominating currency. Then he will take over the world.  Cheesy

No, really. I think he has an enourmous power. Bitcoin might really become a big part of the world wide financial system. He could do very much things with it. Depending on his character. He could create a form of organization to get every result he want with it. The possibilities are endless.

I hope he is a nice guy. His coins could destroy so much but they could change much to the better too.
sr. member
Activity: 462
Merit: 250
May 15, 2015, 02:51:02 AM
#96
well your question is a little bit off-topic since coins on bitcoin can't be deleted

Technically speaking, yes, they can.
All it takes is knowing exactly which addresses belong to Satoshi and then tamper with the blockchain.
Of course the majority would have to agree on the new chain.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
May 15, 2015, 02:47:53 AM
#95
No.
Even if it was possible who the hell would have the right to do that to the genius behind the world of bitcoin.
Satoshi deserves those coins and if he ever does decide to sell (if he still has access to those coins) I think he'd bleed them onto the market slowly/gradually.
He'd never dump them all at once, it'd destroy his invention, something he worked so hard to achieve.
If he still has the private keys then I trust him with the power.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
May 15, 2015, 02:29:31 AM
#94
well your question is a little bit off-topic since coins on bitcoin can't be deleted
sr. member
Activity: 462
Merit: 250
May 15, 2015, 02:24:06 AM
#93
Lol, Bitcoin fungibility = Fail, thats why i trust Monero more

With Bitcoin you can always mix your coins, with Monero you cant know if a double spending bug happens due to the non transparent ledger.

What?....
Monero doesn't work like Bitcoin?
I mean, they do not have a distributed ledger that everyone can verify?
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
May 15, 2015, 02:10:19 AM
#92
Satoshi himself could have lost / destroyed all records of the private key, making those coins unspendable.
Nobody else has any right to decide what to do with those coins.
full member
Activity: 184
Merit: 100
Bitcoin FTW!
May 14, 2015, 07:16:05 PM
#91
You can't do things like that due to precedence, then other people would request other bitcoins to be deleted.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
May 14, 2015, 05:38:59 PM
#90
No way should Satoshi's coins be deleted.  For one thing, how on earth would you get consensus with everyone for such a nonsense idea?  They have to work really hard to get consensus for reasonable things like block size increase, etc.  Then, think about it further, if Satoshi's coins can be "deleted" then so can yours.  How would that be a good thing?  Don't be a hater.  Just cos Satoshi thought of it doesn't mean he doesn't deserve to be treated with the same respect as any other bitcoin user.  Smiley
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
May 14, 2015, 05:30:24 PM
#89


I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.

I would want to give them to Mark Zuckerberg and have him distribute them on facebook.




Go use another coin if you don't like the instamine.
And facebook, are you fucking serious?
legendary
Activity: 1358
Merit: 1003
Designer - Developer
May 14, 2015, 05:27:38 PM
#88


If there was a way to get rid of satoshi's coins. Should they be deleted?






Deleting satoshi's coins would basically spell the end for bitcoin..

No organization nor person should ever be given that much power over the blockchain and the day that it happens BTC will become useless.
Let satoshi have his coins, He deserves them. Although I think if he ever does move the coins the panic it would cause will likely end BTC.
The fact that you even asked this question bothers me.. If you made something would you like it taken away even though its rightfully yours?
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