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/biz/ - Business & Finance

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16037177 No.16037177 [Reply] [Original]

"A court order can force a transaction to be invalidated. A court order can change the nature of the blockchain and require that the UTXO set is updated. On hearing it, you will be told how it is not possible because all the nodes won’t accept it. My answer is simple: so what. The nodes that matter are associated with businesses."

"Anarchist anti-government and anti-law promoters of Bitcoin will tell you that if you don’t have your keys, you don’t have your bitcoin. Unfortunately for them, keys are not law. Private keys make access to funds difficult. They don’t prove ownership of property rights, which never was the intention of Bitcoin."

"When a private key is lost, it is merely out of circulation. It may be many years, but all old addresses eventually become mine-able and can be recovered."

"As such, a lost key is not forever lost. If the wallets used better technology, then this would not be an issue in the first place. Lost coins are also the same as a lost note. Think of old sovereigns and other bullion-based coins from the past. A lost Bitcoin private key is like this. It is the Spanish gold and silver sunk for a long time to the ocean floor, but one day to be recovered."

>> No.16037189
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16037189

Whoa, my bullshit-o-meter just exploded into a million pieces.

>> No.16037195
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16037195

Checked. How does one recover their coins if they lose private keys

>> No.16037206

>>16037195
brute force

>> No.16037215
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16037215

>>16037195
A court order.

>> No.16037305

>>16037177
>you don't own nothing goyim

>> No.16037481

>>16037177
Unless chinese farm owners agree, it doesn't matter what a judge in a court wants. Blockchain is global

>> No.16037562

>>16037481
I'm pretty sure he's talking about his own chain.

>> No.16037569

>>16037562
dude... you can't, like... own a chain

>> No.16037577

>>16037569
Most BSV nodes are controlled by him and Calvin (the same team, he's actually paid by Calvin).

>> No.16037706

>>16037569
I can, because I'm not a penniless hippy

>> No.16037729

>>16037569
BSV is centralised garbage

>> No.16038071

Imagine not cleaning your ass. You think a wipe is going to get the shitstains off incel cuck? I'm not even Indian but damn are white fucking people nasty.

>> No.16038572

Craig if you "lose" keys its your problem not a court problem.

>> No.16038592

>>16037481
i'm pretty sure that if the chinese gov bumrushed the farms with soldiers they could do what they like