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In order for governments to do that the systems have to have a way for an authority to intervene and reverse the transaction... Which is expressly impossible t
by CodexArcana 4y ago
In order for governments to do that the systems have to have a way for an authority to intervene and reverse the transaction...
Which is expressly impossible to do without creating a fork of the chian... Which is pretty contrary to the ethos of the white papers for Bitcoin.
- nemo44x 4y agoTo recoup the loss possibly, but that’s not necessarily governments job. The governments job would be to investigate the theft in an attempt to charge a suspect(s) with a crime against another person. If the property is replaceable by the charged parties then that could be used by the government as a consideration in plea bargaining or sentencing. But if it’s gone then hopefully the plaintiff purchased insurance on it.