4 ms·
You can't confiscate a brain wallet
by freeloop3 9y ago
You can't confiscate a brain wallet
- paulmd 9y agoThis $5 wrench says otherwise. https://xkcd.com/538/ https://xkcd.com/538/
- freeloop3 9y agoTorture only works if you are sure of the existence of such a thing. It's easy to order the police to go from home to home, confiscating valuables. It's a lot harder to know if someone has bitcoin, and if so how much they have. Even if you can get them to admit they have it, and give you access to n wallets, they may always have n+1
- zaarn 9y agoYou don' need evidence, just hit them with a wrench until bitcoins come out or they stop moving.
- paulmd 9y ago> Torture only works if you are sure of the existence of such a thing. I don't think you comprehend the workings of "mass terror". Here's how it goes: we'll make you watch while we beat up your wife and kids until you tell us something worth knowing. No evidence necessary. Pretty much everybody has some valuables, or knows someone who does, and if not who cares? It's your funeral. Once again, the nerdy preconception that thugs somehow operate on a legalistic or technical basis is just completely wrong. You'll be the one "giving" the valuables to them, to make it stop.
- gatmne 9y agodoesn't scale to all citizens of Zimbabwe :)
- paulmd 9y agoSurely when these hypothetical thugs are going around beating people up and confiscating their paper money, they can spare a few moments to beat people up and take their Bitcoin while they're at it?