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Can you even say "stealing back" when the Feds just had some copy of a private key while there always have been (many) others? I mean, would you call it steali
by teekert 4y ago
Can you even say "stealing back" when the Feds just had some copy of a private key while there always have been (many) others?
I mean, would you call it stealing back if the Feds seize a real key to a vault, know there may be others out there and then leave the fault completely accessible only to act surprised when the vault is empty after some time?
Ownership of blockchain assets is defined by who has access to the private keys. It seems a bit ignorant to forget about this, much less write a piece ignoring this.
- mrguyorama 4y ago>Ownership of blockchain assets is defined by who has access to the private keys. Nope, like everything else in the world, the "owner" of a thing is purely defined by who the government will go to bat for. If the court says your bank account is now owned by the feds, and you withdraw money from it, that's not your money.