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Comment by intended

6 hours ago

All systems can be bent, broken, or subverted.

not bitcoin-core in the past 14 years of being a public network

  • Btc has a similar blacklist with tainted coins because it's not fungible unlike actual decentralized cryptocurrency like monero xmr

  • The topic is bitcoin being hacked and stolen. I do not think this outcome was the intended outcome for users?

    Perhaps I am missing your argument.

    • The intention of bitcoin was to have a digital medium with similar properties as cash: no need to trust anyone else, and you can exchange it with whoever you want. Cash can also be stolen if someone takes your wallet, leaving you no recourse except the law

      Imho Bitcoins being stolen is not at all Bitcoin being "bent, broken, or subverted", it's just a natural consequence of the design goals. If an unrelated third party could block my bitcoins by accusing me of terrorism that would be subverting the system, and such things have not happened to bitcoin-core (but have happened in other parts of the bitcoin ecosystem)

      7 replies →

  • Huh? You can trace bitcoins forever, and people would probably pay extra for some vanity bitcoins; and probably pay less or nothing for some bitcoins that are legally questionable.

    • Your answer does not answer anything. The discussion is about whether or not to have the trusted third-party. Pro-ttp said that ttp protects from criminals. Anti-ttp said that ttp can make your own money dissappear because ttp is bending the rules. You said nonsence, your examples are not showing any rules or contracts about digital property which are being bent. Why any bitcoin criticism from anyone is always so weak?

    • All bitcoins are legally questionable; but no: ones that can be traced to contract killings not just stealing do not trade at a discount.