Re: TAINTED COINS

Whoa people. There are no coins in Bitcoin, just numbers. A "tainted" coin means one of the accounts in your transaction DAG was of questionable legality. Given time, every account will become "tainted". The only interesting question is: What happens if a court orders a "tainted" transaction rolled back?

What court do you think would have the authority to even speak about currency that doesn't belong to any country ? And even if it did, or try to do,
i hope you understand that noone can "order" rollback of transaction on a decentralized network.
One day, if nodes become heavily centralized, this could be possible i guess, altho i hope it won't happen.

Any court.

I understand. Judges, on the other hand, still seem to be living in the 20th century.

And then they will learn that it is technically impossible to "rollback" a transaction. What will probably happen is that they will order the receiver to return the Bitcoin to the sender.

AKAIK it's not technically impossible, but it would mean that the blockchain would have to be forked, and noone in their sane mind would be on the
courts side voting for it. Even in cases of ordering return of the funds to sender, there is no way it could ever be enforced, just like in the case
of other decentralized p2p services (like torrents)