W3C home > Mailing lists > Public > public-credentials@w3.org > November 2017

Re: Proof of Bitcoin address ownership

From: Kerri Lemoie <kerri@openworksgrp.com>
Date: Thu, 2 Nov 2017 09:25:38 -0400
Cc: public-credentials@w3.org
Message-Id: <63EA3801-352E-42A8-8C84-900F7B060F35@openworksgrp.com>
To: Rick Dudley <a.frederick.dudley@gmail.com>
This project illustrates Rick’s point: https://lbc.cryptoguru.org/about <https://lbc.cryptoguru.org/about>


Kerri


> On Nov 2, 2017, at 9:12 AM, Rick Dudley <a.frederick.dudley@gmail.com> wrote:
> 
> 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 <mailto: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 13:26:09 UTC

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