imagine if you could blacklist fiat currencies this way
think about "chypre" and the frozen accounts above 10000 euros.
think about paypal and frozen account (to force to buy a "pro" account with tax).
Topic: would you accept stolen bitcoins? - page 4. (Read 4527 times)
think about "chypre" and the frozen accounts above 10000 euros.
think about paypal and frozen account (to force to buy a "pro" account with tax).
Lets say I have 1 bitcoin that the 'system' recognises as stolen, I then send 1 satoshi of that bitcoin to every known bitcoin address that contains any coins. Then the whole black listing system breaks down.
The intention is good, like a benevolent dictator, but it breaks one of the core principles of bitcoin, it centralises control with some authority. That authority is vulnerable to corruption.
It must never be allowed to happen.
The intention is good, like a benevolent dictator, but it breaks one of the core principles of bitcoin, it centralises control with some authority. That authority is vulnerable to corruption.
It must never be allowed to happen.
A bitcoin is a bitcoin in my book.
If you want to chase criminals, go after the individual(s) who committed the crime, not the tools they used.
If you want to chase criminals, go after the individual(s) who committed the crime, not the tools they used.
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You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.
know about what?
They know their funds are gone, and no idea who took it...
We all know inputs.io was "hacked", and TF is gone, and then ?
They'll know the address they went to, that's what I'm saying. Whether you can trace them to a specific owner is a different matter.
Blacklisting bitcoins is such a stupid idea. Think about it guys, imagine if you could blacklist fiat currencies this way. We'd have none left to spend! Fungibilty blah blah.... 
You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.
know about what?
They know their funds are gone, and no idea who took it...
We all know inputs.io was "hacked", and TF is gone, and then ?
Bitcoins wont smell as money too. If you taking money from bank you not doig chemical survey if money not have drugs traces 
In america more than 25 percent dollar bills have cocaine powder on it.
Its creators problem what they not making option to make bitcoins fake who been stolen.
I personally taking all bitcoins for my services and not have time to examine each block chain for each transaction.
If bitcoins been stolen its theft and previous owner problem. They not centralised as bitcoin creators states and no one will tell witch one bitcoin been stolen if i have over 1k of them total in account.
Long time ago been writed to developers about needed improvements so peoples use it totally safe and not traced. Now you can get 52 percent all bitcoins in market push them back and track each bitcoin and for what its been used. Bitcoins just another tool for goverments to control money flow. Once they make that safe and secure from tracking it will be real cryptocurency.
If you do survey for all bitcoin wallet versions you will find out company who participating in cryptografy for gov projects
In america more than 25 percent dollar bills have cocaine powder on it.
Its creators problem what they not making option to make bitcoins fake who been stolen.
I personally taking all bitcoins for my services and not have time to examine each block chain for each transaction.
If bitcoins been stolen its theft and previous owner problem. They not centralised as bitcoin creators states and no one will tell witch one bitcoin been stolen if i have over 1k of them total in account.
Long time ago been writed to developers about needed improvements so peoples use it totally safe and not traced. Now you can get 52 percent all bitcoins in market push them back and track each bitcoin and for what its been used. Bitcoins just another tool for goverments to control money flow. Once they make that safe and secure from tracking it will be real cryptocurency.
If you do survey for all bitcoin wallet versions you will find out company who participating in cryptografy for gov projects
I would except bitcoins if they were stolen, Theres no way to find the owner right?
You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.
Nah man, you can't prove ownership through blockchain.
Why not eh?
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I would except bitcoins if they were stolen, Theres no way to find the owner right?
You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.
I wouldn't now that there is talk of Bitcoin blacklisting. I mean I'd probably accept it, but if a legitimate way of identifying stolen BTC is added into the protocol as proposed, they'd be worth nothing anyway.
If blacklisting is added into the protocol, it would be begin of end for Bitcoin I think
Yes, if bitcoin is added into the protocol then it will be a hard fork. Those who want the non-fungible bitcoin will go in the new alt-coin, and everyone else will stay with bitcoin. I think it will be clear quite quickly that people don't want a blacklist-able bitcoin.
A good reason to diversify your portfolio a little.
No I wouldn't accept them. I check the serial number of every dollar bill in my wallet against the national database of stolen money (Library of Laundering). The LOL also tracks terrorist funds digitally and I refuse to take that. Unfortunately it means I send most of my paycheck back and I'm totally broke.
LOL L.O.L.
What happens with regard to tainted electrons that power the banking system? :-)
I wouldn't now that there is talk of Bitcoin blacklisting. I mean I'd probably accept it, but if a legitimate way of identifying stolen BTC is added into the protocol as proposed, they'd be worth nothing anyway.
If blacklisting is added into the protocol, it would be begin of end for Bitcoin I think
Yes, if bitcoin is added into the protocol then it will be a hard fork. Those who want the non-fungible bitcoin will go in the new alt-coin, and everyone else will stay with bitcoin. I think it will be clear quite quickly that people don't want a blacklist-able bitcoin.
No I wouldn't accept them. I check the serial number of every dollar bill in my wallet against the national database of stolen money (Library of Laundering). The LOL also tracks terrorist funds digitally and I refuse to take that. Unfortunately it means I send most of my paycheck back and I'm totally broke.
Who defines what a 'stolen' bitcoin is?
Some consider the FBIs stack of bitcoins stolen. Others consider it legitimately confiscated.
Some consider the FBIs stack of bitcoins stolen. Others consider it legitimately confiscated.
Confiscated means stolen. It's just a wordplay made by the lawmakers to differentiate them from the common thieves. The outcome is exactly the same when they take something from you. Only diference is that an official will say that he has the right to do so, the typical robber won't even bother to explain himself
Hogan's Heroes:
Quote
Col. Klink: When you defeat a country, you confiscate its gold. Stupid!
Sergeant Schultz: I thought, if you take something that does not belong to you, that is stealing. I'm stupid?
Sergeant Schultz: I thought, if you take something that does not belong to you, that is stealing. I'm stupid?
How would we know if the coins had been stolen by the sender, the sender to that sender or by someone else even further down the line?
Damn right.
Short of blacklisting coins, there is no way to know if the coins you receive from a transaction are stolen or not! I am against blacklist asit is a slippery slope that we would slide down way too fast!
Mtnminer
Mtnminer
Who defines what a 'stolen' bitcoin is?
Some consider the FBIs stack of bitcoins stolen. Others consider it legitimately confiscated.
Some consider the FBIs stack of bitcoins stolen. Others consider it legitimately confiscated.
Confiscated means stolen. It's just a wordplay made by the lawmakers to differentiate them from the common thieves. The outcome is exactly the same when they take something from you. Only diference is that an official will say that he has the right to do so, the typical robber won't even bother to explain himself
I wouldn't now that there is talk of Bitcoin blacklisting. I mean I'd probably accept it, but if a legitimate way of identifying stolen BTC is added into the protocol as proposed, they'd be worth nothing anyway.
If blacklisting is added into the protocol, it would be begin of end for Bitcoin I think
I think it would have a massive impact. I'm not saying it's a bad thing, but it would definitely change things. If nothing else, it might limit the amount of posts we see starting 'help, I've lost X BTC!'
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