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101 sats \ 6 replies \ @Rothbardian_fanatic OP 6 Jul \ parent \ on: Privacy and Fungibility: The Forgotten Virtues of Sound Money econ
How is that when they can shutdown addresses and stop transactions for those addresses? Each BTC or sat is identified as it is used and put on the blockchain, isn’t it?
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219 sats \ 5 replies \ @anon 6 Jul
There is zero evidence they can ‘stop transactions’ with addresses. When the individual owns their own keys they own their bitcoin… no one can stop the transactions and there are tons of transaction miners could ‘censor’ and they dont. Its impossible to seize bitcoin you don’t have the keys for that’s the entire point.
Identified? So when a sat ‘moves’ from one part of the world to another… it’s identified? How? If I receive ‘sats’ in a lightning channel and you don’t know who I am… or where I am how can you trace the bitcoin??
It’s impossible.
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0 sats \ 4 replies \ @Rothbardian_fanatic OP 6 Jul
OK, I’ll take your word for it. I just wonder what happened to Ross’ BTC. Did he surrender them to the state by coughing up his keys? How did they track it down and take it away?
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33 sats \ 3 replies \ @optimism 6 Jul
Either surrendered, or bad security so it was just taken from records, i.e. an unencrypted key on a device or piece of paper.
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103 sats \ 2 replies \ @Rothbardian_fanatic OP 6 Jul
In other words: stolen by the state! FTS
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20 sats \ 1 reply \ @optimism 6 Jul
The state likes stealing and bullying. Its how they get to fund their friends.
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0 sats \ 0 replies \ @Rothbardian_fanatic OP 6 Jul
That is also why they don’t allow competition!
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