Most Bitcoin will be clawed back due to widespread theftOnly a person who wants to end up destitute would obtain Bitcoins. Sending Bitcoin to someone is the antithesis of love, it is a kiss of trouble and woe in the future.
I am very sad about this. I had high hopes for decentralized currency. Unfortunately, unless we can perfect widespread anonymity then this entire decentralized currency concept is dead in the future.
https://bitcointalk.org/index.php?topic=486872.msg5413937#msg5413937You should realize that this means all BTC you own and all the gains you accrue can be clawed back from you in the future. Theft of BTC is very widespread even without the exchanges and with the Mt.Gox fiasco (and more to come because the government + banks can bankrupt all the exchanges with regulations, fines, placing holds on funds, etc, or even send in secret agencies to steal the keys).
For those readers trying to rationalize away the contract between accounts holders and Mt.Gox, you have no legal standing. Bitcoin is not legal tender. So many governments have spoken on this already and declared it to be a commodity. Clearly we are looking at a big legal mess with Bitcoin which the government is going to have to solve holistically. Now you see I was correct from the very beginning in Bitcoin : The Digital Kill Switch.All you Bitcoin millionaires are going to be Bitcoin jailbirds and destitute.For those who are rationalizing away the chain of ownership (I explained upthread) due to that the lack of physical nature to Bitcoin, you don't have any chance of winning that argument. If it wasn't owned, it wouldn't have value that can be exchanged. Even if we are trading fungible tokens in a pool, the tokens are still owned. Cripes, are you guys totally ingenuous or ignorant.
https://bitcointalk.org/index.php?topic=486872.msg5414095#msg5414095Oh, bold and red font.. Must be legit.
Continue to ignore it please. I will be watching all Bitards fall into the abyss together when the mess comes to the point that you can't find any one to buy your coins, yet you are liable for all the clawback amount.
Mansions will be confiscated. Paddy rides to debtors prison will be ensue when you can't pay.