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Re: Proof of Bitcoin address ownership

From: Rick Dudley <a.frederick.dudley@gmail.com>
Date: Thu, 2 Nov 2017 13:12:07 +0000
Message-ID: <CAPGjnnX7yw+EQDovNQsgqxn5ZxvQ+V-bxGwQA_nJ_S5XtaUSDQ@mail.gmail.com>
Cc: W3C Credentials Community Group <public-credentials@w3.org>
The short answer is given your implicit definition not ownership (which
seems close to the legal one) procession of a private key does not qualify
as ownership of anything. The blockchain community generally disagrees with
the law on this subject out necessity and a fondness for a particular type
of crypto-anarchism. I try to avoid talking about ownership because of its
legal implications and instead talk about control.

-Rick

On Nov 2, 2017 05:18, "Timothy Holborn" <timothy.holborn@gmail.com> wrote:

Question.

Say two actors have a private key to a bunch of Bitcoin. One removes the
Bitcoin, the other claims it was their Bitcoin.

Given a Bitcoin address is effectively data, how does anyone own it?

are there some sort of data laws that provides the means to "own" the
private key? Or the address?

I'm fairly sure people don't own their biometric signatures, so how could
they own a Bitcoin if they couldn't own their address?
Received on Thursday, 2 November 2017 13:14:02 UTC

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