Replying to Avatar ( -_-)

Plenty of coins are burned/provably undependable.

As if any consensus would form around getting rid of Satoshi's coins.

Your solution is to just let a government steal millions of coins and get away with it?
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StackSats.IO 1y ago

I’ve posted multiple times that I think Coinbase are going to be targeted when BTC goes up - if some group goes and robs Blackrock of 500k coins before the USGov can 6102 them, are we going to blacklist that too?

If the choice is between USGov 6102ing without impact and Noderunners blacklisting addresses, I’ll take the former.

They’ve just created a massive fucking honeypot again that some group can go after, rob, and send via irreversible transaction out of their custody.

No theft of Bitcoin should see wallets blacklisted. “Soft” blacklisted ok, but not via consensus.

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( -_-) 1y ago

That's your personal choice.

I think if the US gov overtly stole some huge amount of bitcoin (>2M), there would be a consensus split, and then a fork that burns those coins.

Personally I would run the fork, and use the fork coins, but still hold my coins on the original chain in case I'm wrong.

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DuBiBo 1y ago

Every fork upto now failed, because the assumed unforkabilty adds value. There are always ways to handle perceived corruption on other levels.