Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wxa7115
on 22/09/2021, 20:50:03 UTC
⭐ Merited by JayJuanGee (1)
I can guarantee you that lost btc address will eventually be subject to forfeit much like an old bank account with no action gets grabbed.

An untouched btc address in terms of no funds ever removed will be considered lost .


The funds will be folded back into mining rewards for blocks.

To anyone that thinks I am wrong I simply laugh.

Zero reason not to do it. Say in 2059 all 2009 address must show some withdrawal or lost.

To those that say no privacy I say you are clueless.

To those that say it will be outvoted maybe in 2059 it will be outvoted but down the road say 2084 or 2109 it will be out voted.
That will be the death of bitcoin, besides it does not make sense as it goes against everything bitcoin stands for and it goes against common sense as well.

If I take the bus and I lose my wallet with some money inside even if the wallet is lost all the contents still belong to me, if someone finds it and then takes that money for themselves it is still stealing, the same logic applies to lost coins, even if the coins cannot be claimed by their owners they are still the legitimate owners of those coins and taking them away in any way or form is stealing, at that point I might as well open a bank account at Cyprus and let them steal my funds as they did years ago.