- From: Timothy Holborn <timothy.holborn@gmail.com>
- Date: Thu, 02 Nov 2017 13:53:35 +0000
- To: Rick Dudley <a.frederick.dudley@gmail.com>
- Cc: W3C Credentials Community Group <public-credentials@w3.org>
- Message-ID: <CAM1Sok1vk0ep-j6i+qC3R5UMaeEwb-gnpqFe80KJ2eHQ62VEZg@mail.gmail.com>
On Fri, 3 Nov 2017 at 00:31 Rick Dudley <a.frederick.dudley@gmail.com> wrote: > > > On Nov 2, 2017 08:24, "Timothy Holborn" <timothy.holborn@gmail.com> wrote: > > so, bitcoins can't really be stolen as they're not really 'owned'? > > any further thoughts on the implications? > > 1. I'm not a lawyer, this isn't legal advice. > understand > 2. Although the law governs everywhere, blockchains generally don't know > about it. So, theft happens at a different layer that has "ownership" and > "identity" two things bitcoin does not have. > 3. Bitcoin address blacklists are managed by individuals, not the > blockchain. Legal exchanges cooperate with authorities to reclaim stolen > coins, but miners/validators in the protocol do nothing. > so if you want 'ownership' then its best to be with an exchange / 'service provider'? > > On Fri, 3 Nov 2017 at 00:16 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> >> 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 13:54:09 UTC