Post
Topic
Board Legal
Re: Are Bitcoin private property
by
basyang
on 27/11/2018, 23:15:29 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.
> B sends money to A (and A sends "something" or some information to B). Then, we don't know why, everyone decides to change their Bitcoin rules and the result is that A can't get to spend his money in the new version.

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?

Well, It seems to me that it depends on how you think about bitcoin but for me it is a private key because I can earn it on my own and I can hold it as long as I can. Though Bitcoin can be earn by anyone or any person who wants to do it, still once we have a cryptocurrency in our hand it is now a private. We should analyzed more about cryoto to properly used it.