Should Satoshi's coins be deleted?

[sana54210]

My vote is no for this, let Satoshi have his Bitcoins which he deserves every bit of it, maybe he will be back later and use his coins, and on a realistic point of view it is not possible for you to get 51% miners throughout the world to your side and hardfork it.

[BeetcoinScummer]

I think it is clear from the poll that only a small number of loosers would go with the fork with the deleted coins.

[lucasjkr]

A) there isn't
B) why should that even be contemplated?
c) if it were possible, then shouldn't we delete yours as well?

Really, what is the point of such a question???

[johnyj]

If so, we should first delete central bank's fiat money, currently they are holding more than 80% of USD in existence. If they dump all those USDs then USD's value will crash to single satoshi 

[oxiyusuf]

If so, we should first delete central bank's fiat money, currently they are holding more than 80% of USD in existence. If they dump all those USDs then USD's value will crash to single satoshi 

so imposibble to make like that, otherwise if all bitcoin adopter sell all the coin, the value of BTC will be crash to USD

[runpaint]

Bitcoin is a real cryptocurrency, it doesn't get deleted or just disappear one day.  Unlike Gridcoin, which just swapped to a new blockchain and screwed everyone who didn't hear about the swap in time.  If you own bitcoins, you can keep them for years and not worry about them going anywhere.

[D05GTO]

I vote.. NO.   No way they could know it would have any value at all. 

[bryant.coleman]

I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.

Explain from where did you got that 21% figure? 21% means a total of BTC4,410,000. According to most analysts, Satoshi is in the possession of a total of BTC980,000, which accounts for just 4.67% of all coins. And a majority of his coins were mined after other individuals started mining.

[bitllionaire]

I would say that depending on the amount,but I guess he has a huge amount of thousands,and in that case I think that it is really dangerous that one person holds that high percentage of bitcoins

[Light]

No. For the reason that if you did you'd set a precedent that people with power could choose to delete someone's coins meaning that as a store of value Bitcoin would be worthless. Nobody would be willing to keep and buy Bitcoins if they knew that one day someone could just remove/delete them all.

[fox19891989]

No. Just my 2 cents

Firstly, it can't be deleted. The answer of your question is definitely NO.

Secondly, Satoshi never cashed out 1 btc or 0.01btc, he is a super sage.

Thirdly, almost every public company founder has large share of the company, you can't ask them delete their shares.

Finally, he deserves those coins, but he never sold one. If he sells some coins, how can we blame him?

[Pente]

I find it interesting that almost 15% of the population on this forum (which probably has above average intelligence) is so full of envy that they would destroy someone else's wealth.

It is to early to say yet, but Satoshi's algorithm may end of changing the world. If Bitcoin succeeds, we may finally see a reversal of the government centralization and corporate corruption. Decreased wars, end to mass plunder, and greater respect for property rights.

The fact that I can store wealth in my mind is something I never imagined before. I sleep much better at night knowing that I can travel the world without worrying about borders or governments confiscating my bank accounts.

I will admit to feeling jealousy of those who heard of Bitcoin before I did in summer of 2013. However, there is a big difference between jealousy (wanting something for myself) and envy (wishing to destroy something owned by someone else).

If nothing else, just think of Satoshi's wealth as a user fee for using his algorithm. The church asks for 10% of your earnings and all they do is make people crazy. Certainly we can honor Satoshi with less than that % for Bitcoin.

[Kprawn]

You want to pi$$ off the inventor of one of the greatest and disruptive technologies in this world?

Leave the coins, they increase the value of all of our coins by being out of circulation... it's existance is no threat to me at all. Those coins are like a monument and it makes different statements to different people.

If they hard fork Bitcoin to get rid off those coins, many people would question the security of their own coins. {To whom would it be done next?}

[BitmoreCoin]

I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.

I would want to give them to Mark Zuckerberg and have him distribute them on facebook.

Any thing (coins) you do not own or know previously is a instamine? Those coins were mined for very long time.

[Zoomer]

I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.

I would want to give them to Mark Zuckerberg and have him distribute them on facebook.

Any thing (coins) you do not own or know previously is a instamine? Those coins were mined for very long time.

Exactly and them coins what was mined for a long time took dedication to bitcoin, time, electricity, just because the value went up doesn't mean the altcoin fan boys should come cheer for something that someone worked for to be deleted! I have never heard so much **&*..

Clearly i vote they should not be deleted nobody has the right except satoshi who 'worked' for them, also you could say that is  pretty much done himself.  Proof of this 21% so called instamine or it never happened.

I have made bold the most stupid thing i have heard in my life so far, well done!

[--Encrypted--]

No. I think he/she/it/they pretty much deserved that much as the creator of bitcoin (which leads to the making of other cryptocurrencies).

at least not as long as he doesn't use those btc to ruin btc itself. that would be like ruining other people's life.

[Slark]

There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.

They could be send to an address that has no known private key associated with it.
like http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE

I dont think it makes any difference whether they are not used or send to another address that no one currently can use.

It is psychological difference, if people would know and be sure about that Satoshi's coins are unable to be spend/lost. They will stop talking when/if Satoshi will claim his coins and that will provide additional 'ease of mind' for doubters and theorycrafting individuals. So it is a difference.

[sandy47bt]

Since it can't be deleted & he never spend his coins
How about give it to everyone ?

And if we can delete satoshi's coins
It means we can delete every coins too

[randy8777]

Since it can't be deleted & he never spend his coins
How about give it to everyone ?

And if we can delete satoshi's coins
It means we can delete every coins too

just no. coins must stay where they are for ever. and who knows maybe there are already "deleted" as satoshi might not be able to access these coins anymore.

[virtualx]

There are ways to get rid of satoshi's coins. Should they be deleted?

What do you mean by delete?  There is no delete or copy on the bitcoin blockchain. The blockchain is not a file system.
They can be moved by anyone who has the private keys.

They could be send to an address that has no known private key associated with it.
like http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE

I dont think it makes any difference whether they are not used or send to another address that no one currently can use.

That's correct, whiletechnically it is not a delete it is unlikely someone has that private key    This could be seen as a delete.