Quote from: mexxer-2 on September 29, 2015, 07:43:32 AM

Quote from: S4VV4S on September 29, 2015, 07:16:40 AM

Quote from: mexxer-2 on September 28, 2015, 09:44:57 AM

Would you still use and believe in bitcoin if it became reversible, say if satoshi himself managed the disputes like paypal does?
Will you quit?

Reversing a transaction is practically impossible.
Not including one in a block (for a small period of time) is theoretically possible though.
But would require a tremendous amount of hashing power (+51%).

Say it is possible, what will you do quit or not?
Man TBH I'm getting tired of the statements that it can't be done, its a hypothetical situation and I'm asking for your reaction , please bother to read the posts before you where I have said the same thing

Well, being reversible means that there was a Centralized Authority controlling Bitcoin and managing reversals. In that case, of course I will stopusing it. If payments were reversible who is to say that bitcoins cannot be seized by a government or bank? After all you can simply reverse payments until the coins are in a government/bank controlled wallet. Due to the 21M limitation, at some point in time a lot of coins would have traveled "around the block" and passed though many unfriendly wallets.