Post
Topic
Board Legal
Re: Are Bitcoin private property
by
Sharma
on 26/08/2016, 22:17:13 UTC
I'm talking about the money kind of bitcoin.

Some situations where the bitcoin status of being a private property or not could arise:

> A mistakenly sends bitcoins to B, and A finds out who B is.
> A mistakenly shows his private keys to B (by just saying it), and A finds out who B is.
> B executes a replay attack on A.
> B, by an practical impossible luck, creates a private key that had founds that belonged to A already.

I started an article (here) trying to defend the idea that bitcoin is not private property, therefore all of the examples above couldn't be classified as theft or robbery (of private property).

What do you think?
By possessing bitcoin,you get the right to hold,sell,spend or let it lay idle in your wallet>Once you lose it anyhow you also lose the right to claim its ownership