Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
I think there will be no disputes related to bitcoin or ownership. All Bitcoin transactions are public and transparent, the Bitcoin network shares a public record through the Blockchain that contains all transactions that have been processed, this allows the user's computer to verify the validity of each transaction. The authenticity of each transaction is protected by a digital signature related to the sender's address.