Post
Topic
Board Bitcoin Discussion
Re: What gives a person exclusive ownership over a BTC?
by
niothor
on 29/01/2014, 01:04:09 UTC
Nope , everybody that knows your cc number and cv2 can use that card and buy a porn subscription.

But to do so would be theft because the centralized authority who facilitates the transactions has deemed me the owner of the account. No such authority gives people the same right over their BTC addresses.

Is there a central authority who deemed me the owner of my cat? But stealing it from me is still theft Wink.
Anyhow , there are so many threads here with this subject , don't start another flame war. Use the search function.

And the rule around here is > DON'T USE A BRAIN WALLET!!!!!!!!!!!!!!

Off topic question, what about using sha(password) for the brain wallet?
Or maybe hashing the password multiple times?

Lols :

Step 0b. Now take that passphrase and sha512 it 100 times!
Entire thread here:
https://bitcointalk.org/index.php?topic=342691.0