Post
Topic
Board Legal
Re: Are Bitcoin's virtual property?
by
reyals
on 13/12/2012, 04:42:24 UTC
To be precise, in the real world, nothing really gets destroyed - just disassembled - maybe into atoms.

LOL - talk about going to the nth degree.  Smiley

but seriously,  I was looking at the heist thread...

https://bitcointalk.org/index.php?topic=83794.0

and several of the heists claim the coins were either destroyed or effectively destroyed.  I can understand the latter because they can be made inaccessible, but how about the former?  How can Bitcoins be destroyed? 
They appear to be the same thing... just a lost private key.
I would say the only way they can be really destroyed would be any coins generated during a split in the block chain would be destroyed when one of the chains gets dropped.