Post
Topic
Board Bitcoin Discussion
Re: Could there be a law on stolen bitcoins?
by
arransiv
on 18/11/2016, 08:46:49 UTC
Could there be a law on stolen bitcoins? What if there would be a law punishing those who steal bitcoins and those people behind scam sites? And if so, is it necessary to have such law? I'm just wondering, if there would be such law about stolen bitcoins, it could be a big relief to us bitcoin users. But then, there are so many questions and issues that goes with this ideal that makes me skeptical about it.  Huh Undecided

Who would do that punishing thing? A country? An authority? Ofcourse no one will as long as bitcoin is not legalized in the world, bitcoin is still a digital currency that is used on internet, why would someone get punished for stealing numbers on internet? And even if they are spotted, who would prove they have done something like this as long as they can hide the coins which is possible in bitcoin?

Well if someone claims that someone stole his bitcoins he will probably make a report to the local police in his country,but it is impossible to prove that bitcoins were stolen so anyway there can be no laws regarding bitcoi s and people should stay safe when it comes to bitcoins.

A lot of digital crimes aren't processed especially in third world countries, a lot of governments don't have neither laws about crimes like that and don't have knowledge to find/arrest this kind of criminals.

It's hard to someone hack you and stolen your bitcoin however if it happen, probably you can't do much about.