Post
Topic
Board Bitcoin Discussion
Re: U.S. announces forfeiture of $28 million of bitcoins belonging to Silk Road
by
Yogafan00000
on 17/01/2014, 15:33:31 UTC
I bet they destroy them.

They'll have a lot of hard drives to destroy to wipe out the blockchain

You misunderstand.  I did not mean all bitcoins, just the ones they are in possession of from the silk road bust.

They probably cannot access them due to encryption or passwords or whatever, on the media they possess and so they announce they are forfeiting the coins, as if its a choice they made.

Like a thief who cannot break into a safe, "forfeiting" the contents.  The thief just dumps the whole safe into the ocean.