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Bitcoins are not specific units. They are more like water, infinitely dividable. If you stole a bucket of water and then pour it in to your swimming pool and t
by tty2300 7y ago
Bitcoins are not specific units. They are more like water, infinitely dividable.
If you stole a bucket of water and then pour it in to your swimming pool and then distribute the content of your swimming pool to 100 different people, who has the bucket of stolen water?.
Bitcoin also doesn't track the movement of specific coins because they don't exist. Its just a list of transactions. A wallet with $100 in it gets $5 in and then sends out $5. How do you decide if this was the $5 that went in? Is it first in first out?
- jstanley 7y ago> A wallet with $100 in it gets $5 in and then sends out $5. How do you decide if this was the $5 that went in? Is it first in first out? Even assuming you mean "address" rather than "wallet", you can decide by looking at which UTXO was consumed. This is a drawback of Bitcoin.