zlacker

[return to "Feds arrest couple, seize $3.6B in hacked Bitcoin funds"]
1. fxtent+35[view] [source] 2022-02-08 17:11:20
>>mikeyo+(OP)
Shouldn't all true crypto believers hate this news?

It's the government trying to enforce their opinion of who should own those Bitcoins, thereby taking power away from the owner that the network has decided on, which would be "whoever has the cryptographic keys".

◧◩
2. bobbyl+Y51[view] [source] 2022-02-08 21:29:03
>>fxtent+35
I'm confused. The government got the money back with perfectly legitimate transaction(s) which they signed with those very private keys. If the rule is "whoever has the private keys is the owner", the the government was playing by the rules.

What crypto believers should really hate is the fact that with a warrant, the government can potentially get at your private keys. That'd be an interesting problem for crypto to try to solve

[go to top]