Post
Topic
Board Wallet software
Re: I found a paper wallet on a beach ... seriously
by
Pmalek
on 20/08/2022, 12:11:16 UTC
I have coins which haven't moved in years and I don't plan on moving in years. If they've not moved in 10/20/50 years, does that make them any less mine (or my heir's), or does that make stealing them any less immoral? Of course not.
That's exactly what I said previously as a reply when someone suggested they would hold on to the paper wallet for a year and if the original owner doesn't move the coins, then they would consider them as lost and take them. But we can't put such flags on bitcoin UTXOs just because a similar law exists for some other assets or physical objects. For example, items from the Lost & Found at some airports are stored for 6 months, after that they get auctioned off. We shouldn't use the same logic with bitcoin. For all you know, I might have been incapacitated to check on my coins in that one year period you decided to give me.