Re: Proof of Bitcoin address ownership

On Fri, 3 Nov 2017 at 00:26 Kerri Lemoie <kerri@openworksgrp.com> wrote:

> This project illustrates Rick’s point: https://lbc.cryptoguru.org/about
>

interesting..

a bit more advanced than the traditional 'bingo' approach...

https://docs.google.com/spreadsheets/d/1xTROekDerP1TPOB3SOD_1bbQr580BPqbhF3YHdO96pw/edit


= ~ $24,16Bn USD in "dormant addresses".  may indeed be a better way of
burning energy than mining...

but that's a different thing to 'self sovereign identity'....?

how is this issue being addressed.

tim.


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> Kerri
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> 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> 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?
>
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