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> A court would have to force Bitcoin users and miners In case it's not clear, even if the court did this and was able to enforce it, they would still need to

by gizdan 5y ago

> A court would have to force Bitcoin users and miners In case it's not clear, even if the court did this and was able to enforce it, they would still need to enforce it outside of the country too, where, if I'm not mistaken, the majority of miners are.

betwixthewires 5y ago
I'd actually love to see CW win this case, because it would prove definitively that bitcoin cannot be regulated.
- nullc 5y ago
  So you're okay with a dozen of Bitcoin's longest standing developers being personally bankrupted?
  - betwixthewires 5y ago
    No, I'm not. When I say "I'd love to see" I'm of course being facetious. Of course I don't want these individuals (including yourself) to be held liable personally to him. But if he did win, he wouldn't get the coins, and it would demonstrate that bitcoin cannot be forcibly regulated.
    - nullc 5y ago
      Yeah, I'm with you. Sorry for the defensive response! I confess I replied something through a lens of personal irritation: For years the Bitcoin ecosystem has treated wright like a troll "he just wants attention, ignore him" -- but in doing so it's really enabled his fraud to grow and become a big problem. So you triggered thought of people switching to a "oh it's good if he obliterates these people, it'll prove Bitcoin is anti-fragile!" ... well, sorry for being cynical. :) Bitcoin absolutely would survive his attack here, whatever happens. Though it may be a setback, e.g. if it creates a big incentive against people of high capability, integrity, and experience to contributing to maintaining the software.
      - betwixthewires 5y ago
        No need to apologize, it is perfectly understandable. I can imagine how frustrating it is to be personally at risk from this and see what look like callused, detached humorous enjoyment of what is going on. It is funny how ridiculous this is when you can detach yourself from it and observe it externally, but not very funny when you stand to be held personally liable. I'd probably get short too if I were having to go to court over ridiculous bullshit and people were laughing at the ridiculousness of it, even if I could see the humor in it myself.
thebean11 5y ago
Yep, I think it's pretty interesting, with any other "system" or "product", he needs to sue the owner/controller/company behind it to make them change it. With Bitcoin, there is literally nothing and nobody stopping him from creating the fork he wants. Forcing other people to accept currency from, develop on, or mine on that fork is a different story..

by gizdan 5y ago

betwixthewires 5y ago

I'd actually love to see CW win this case, because it would prove definitively that bitcoin cannot be regulated.

nullc 5y ago
So you're okay with a dozen of Bitcoin's longest standing developers being personally bankrupted?
- betwixthewires 5y ago
  No, I'm not. When I say "I'd love to see" I'm of course being facetious. Of course I don't want these individuals (including yourself) to be held liable personally to him. But if he did win, he wouldn't get the coins, and it would demonstrate that bitcoin cannot be forcibly regulated.
  - nullc 5y ago
    Yeah, I'm with you. Sorry for the defensive response! I confess I replied something through a lens of personal irritation: For years the Bitcoin ecosystem has treated wright like a troll "he just wants attention, ignore him" -- but in doing so it's really enabled his fraud to grow and become a big problem. So you triggered thought of people switching to a "oh it's good if he obliterates these people, it'll prove Bitcoin is anti-fragile!" ... well, sorry for being cynical. :) Bitcoin absolutely would survive his attack here, whatever happens. Though it may be a setback, e.g. if it creates a big incentive against people of high capability, integrity, and experience to contributing to maintaining the software.
    - betwixthewires 5y ago
      No need to apologize, it is perfectly understandable. I can imagine how frustrating it is to be personally at risk from this and see what look like callused, detached humorous enjoyment of what is going on. It is funny how ridiculous this is when you can detach yourself from it and observe it externally, but not very funny when you stand to be held personally liable. I'd probably get short too if I were having to go to court over ridiculous bullshit and people were laughing at the ridiculousness of it, even if I could see the humor in it myself.

thebean11 5y ago

Yep, I think it's pretty interesting, with any other "system" or "product", he needs to sue the owner/controller/company behind it to make them change it. With Bitcoin, there is literally nothing and nobody stopping him from creating the fork he wants. Forcing other people to accept currency from, develop on, or mine on that fork is a different story..