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If a contract pays out Ethereum to someone, and a court decides this should not have happened, the coin can still be returned manually by the recipient. If he r

If a contract pays out Ethereum to someone, and a court decides this should not have happened, the coin can still be returned manually by the recipient. If he refuses, he is in contempt of court and has to face the consequences of that. I guess you could play funny business by making it functionally impossible to return the coins (lock them up for years somehow? Hand the private key to a Russian friend?) but the the court will cheerfully seize your assets that it can.

stale2002 10y ago
" but the the court will cheerfully seize your assets that it can." And how in the world would the courts do that? This is crytocurrencies we are talking about. The contracts I am talking about would be done anonymously between two people who have never met before, and have no chance in a million years of finding out who the other person is, or where they are. Thats the whole point! I'm sure courts would love to confiscate all of the bitcoin donated to wikileaks or that is used to buy drugs on the internet. They've made a few high profile arrests and confiscations, but nothing on the scale of mass arrests of silk road customers, even though they would if they could.
- twblalock 10y ago
  You need to read this long list of sources which prove that Bitcoin is not anonymous: http://www.bitcoinisnotanonymous.com/ http://www.bitcoinisnotanonymous.com/
  - stale2002 10y ago
    ???? Tumblers? Or even just transfer between crytpo currencies. I even pulled a quote from your sources: "Bitcoin “laundry services” do exist: Bitcoinlaundry, Bitmix, and Bitlaundry are several examples. Once you pass your money through such a service, it is much harder and almost impossible for law enforcement personnel to establish their origin."
    - Legogris 10y ago
      Many of the tumbling services use strategies that can be reversed with pretty good confidence.

stale2002 10y ago

" but the the court will cheerfully seize your assets that it can." And how in the world would the courts do that? This is crytocurrencies we are talking about. The contracts I am talking about would be done anonymously between two people who have never met before, and have no chance in a million years of finding out who the other person is, or where they are. Thats the whole point! I'm sure courts would love to confiscate all of the bitcoin donated to wikileaks or that is used to buy drugs on the internet. They've made a few high profile arrests and confiscations, but nothing on the scale of mass arrests of silk road customers, even though they would if they could.

twblalock 10y ago
You need to read this long list of sources which prove that Bitcoin is not anonymous: http://www.bitcoinisnotanonymous.com/ http://www.bitcoinisnotanonymous.com/
- stale2002 10y ago
  ???? Tumblers? Or even just transfer between crytpo currencies. I even pulled a quote from your sources: "Bitcoin “laundry services” do exist: Bitcoinlaundry, Bitmix, and Bitlaundry are several examples. Once you pass your money through such a service, it is much harder and almost impossible for law enforcement personnel to establish their origin."
  - Legogris 10y ago
    Many of the tumbling services use strategies that can be reversed with pretty good confidence.