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Topic: Should Satoshi's coins be deleted? - page 6. (Read 5157 times)

legendary
Activity: 3010
Merit: 1031
RIP Mommy
April 22, 2015, 04:45:11 PM
#8
I thought "Satoshi's coins" were unspendable even if he A) was still alive B) had the original wallet.
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon
April 22, 2015, 04:42:04 PM
#7
There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.

There are always ways. You could hard fork the code to allow for just those coins to be sent to a different address without the private keys. You could create a new blockchain or a modified blockchain that all users must update to.

Obviously it's not going to happen. But I want to see it happen. Especially if all of those BTC were distributed to facebook users and there was a BTC wallet included in the facebook app.

Satoshi's 21% of coins is the biggest problem with BTC for me.




Facebook is a much worse problem to me. At least send satoshi coins to the Winklevoss Twins.

 Grin

legendary
Activity: 1190
Merit: 1004
April 22, 2015, 04:35:14 PM
#6
There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.

There are always ways. You could hard fork the code to allow for just those coins to be sent to a different address without the private keys. You could create a new blockchain or a modified blockchain that all users must update to.

Obviously it's not going to happen. But I want to see it happen. Especially if all of those BTC were distributed to facebook users and there was a BTC wallet included in the facebook app.

Satoshi's 21% of coins is the biggest problem with BTC for me.
copper member
Activity: 1498
Merit: 1499
No I dont escrow anymore.
April 22, 2015, 04:28:18 PM
#5
There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.

They could be send to an address that has no known private key associated with it.
like http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE

I dont think it makes any difference whether they are not used or send to another address that no one currently can use.
member
Activity: 64
Merit: 10
April 22, 2015, 04:27:09 PM
#4


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






No, but there would be a way unless someone had access to them or satoshi had lost access to them whether by accident on purpose. I guess them all coming onto the market at once would cause a crash but I don't think satoshi would do that.
hero member
Activity: 672
Merit: 507
LOTEO
April 22, 2015, 04:24:23 PM
#3
There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.
legendary
Activity: 1190
Merit: 1004
April 22, 2015, 04:22:57 PM
#2


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.


legendary
Activity: 1190
Merit: 1004
April 22, 2015, 04:22:41 PM
#1


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




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