Tapyaks72
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October 08, 2018, 01:22:48 PM |
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As far as I know, Bitcoin was developed not by one person, but by a team of programmers, of course, professional programmers whose names are unknown. Except for the one you mentioned. But no one knows their locations, names, and so on. So if there are any problems, they will have nothing.
Bitcoin and the blockchain technology is just a system and a program a ledger, to determine bitcoin in your wallet or your holding, when bitcoin leave from one wallet it will just simply transfer to another wallet, in terms of ownership no body owns bitcoin nor own as a legal tender of a certain countries it has no boundaries and anonymous.
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CoinPocket
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October 08, 2018, 03:33:32 PM |
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As far as I know, Bitcoin was developed not by one person, but by a team of programmers, of course, professional programmers whose names are unknown. Except for the one you mentioned. But no one knows their locations, names, and so on. So if there are any problems, they will have nothing.
There are no solid proofs that it was a team nor that bitcoin's been created by one person. As for topic question, sure bitcoin is owned only by wallet owner.
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cetald
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October 10, 2018, 01:06:24 PM |
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Bitcoin, as a system, can not belong to anyone. The course of bitcoin can be influenced by large coin holders. The whole system can be affected if you have 51% of the votes in the blockchain. If I'm not mistaken, then Bitmain has so much.
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Mhd-Bobbi
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October 12, 2018, 04:57:58 PM |
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Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
Bitcoin is used freely, while the person's name you say is satoshi nakamoto as the inventor. The name Satoshi Nakamoto is a pseudonym, he seems very mysterious. Now if there is a dispute, maybe no one can answer, because bitcoin does not have a legal umbrella.
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bezygly
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October 18, 2018, 10:13:17 AM |
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This is a really interesting question. I think that in the next 3 years it will be finally settled with the help of lawyers and attorneys.
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TheLoser
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October 23, 2018, 05:02:20 PM |
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Bitcoin is invented by a group of computer scientists, their names are not known for sure. The majority of Bitcoin is owned by a group of people and exchanges that determine the movement and price of bitcoin.
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St4yInTh3D4rk
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"STAY IN THE DARK"
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October 24, 2018, 08:31:49 AM |
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The answer is very simple if any problem regarding the bitcoin arises then the person who owed/caused that problem which make legal issues are the one need to face it not the owner who is called satoshi Nakamoto is responsible for that.
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bezygly
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October 24, 2018, 10:53:15 AM |
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I believe that Bitcoin belongs to someone who has a certain amount of this currency. Therefore, if a person has problems during mutual settlements, he has the right to go to court.
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alighobadi
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October 24, 2018, 12:48:28 PM |
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Technology cares about Bitcoin. The only settling court for Bitcoin disputations is technology.
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basyang
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November 01, 2018, 06:51:36 AM |
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Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
In my opinion, If there is any issues arise that related to bitcoin then the person who is involved is the person you need to look and talk to. Satoshi Nakamoto is outside of the picture if someone used it in some illegal activities and also you can not identify the person because all of us here is anonymous. Though we have a technology to find where and who is the person try to hacked in some legal companies. Still when it comes to bitcoin we did not yet now whom we consult.
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Alex_Zi
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December 20, 2018, 09:09:08 PM |
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Who owns Bitcoin? There are clever, smart and free mind people. They know that crypto is the next stage in world economic development. They just making capital now.
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Argoo
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#SWGT PRE-SALE IS LIVE
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December 23, 2018, 06:37:46 PM |
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Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
Bitcoin does not belong to anyone, because no one has been granted a patent for his invention. In court, there can only be a dispute over the recognition of the right of ownership or ownership of a certain number of bitcoins. It will be easier to do after the state legalizes cryptocurrency.
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Rajamuda
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December 25, 2018, 10:11:02 AM |
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I think until whenever it will not be disputed on a large scale or until it's linked to the law, Bitcoin is still like freedom and for the future., I think many people will participate on its role and its development till get a warmer welcome from various people.
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KingScorpio
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December 25, 2018, 10:12:30 AM |
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Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
bitcoin is owned, by the share by its 1. miners 2. holders 3. marketing and social supporters. (even if for irrational reasons)
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badungs
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December 26, 2018, 03:48:01 AM |
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everyone can have bitcoin as long as they want to use and have bitcoin as their asset. we all have the right to have a bitcoin so that bitcoin is not controlled or owned by just one person. everyone can have any amount of bitcoin as long as they can get it.
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goaldigger
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December 27, 2018, 10:39:37 PM Last edit: December 28, 2018, 12:37:17 AM by goaldigger |
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The amount of bitcoin you have in your wallet are all yours and makes you the owner of that particular portion. Bitcoins owner until now is still.unknown. because of the decentralization, i guess bitcoin doesnt have any title holder for being an owner. The origin is known yet the one who manages it isnt.
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gendang_cinta
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December 28, 2018, 12:07:04 PM |
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The amount of bitcoin you have in your wallet are all yours and makes you the owner of that particular portion. Bitcoins owner until now is still.unknown. because of the decentralization, i guess bitcoin doesnt have any title holder for being an owner. The origin is known yet the one who manages it isnt.
it looks like Bitcoin doesn't belong to anyone, other than those already in someone's wallet, it belongs to that person. As far as I know Bitcoin is made by Satoshi Nakamoto but I don't think he has all Bitcoin but only makes it. so there is no definite news about who owns Bitcoin.
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Snaic
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December 28, 2018, 05:44:10 PM |
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Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
There is no need to confuse the concept of ownership of the invention of bitcoin and ownership of a certain number of bitcoins. Nobody has a patent for the invention of Bitcoin, so we can assume that no one has a legal owner for this invention. Ownership of a specific number of bitcoins can be in any natural or legal person. If the states legalize cryptocurrency, everyone can prove in court the legality of obtaining bitcoins, and therefore the right of ownership to them, which includes three rights - ownership, use and disposal.
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boled
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December 31, 2018, 07:51:40 PM |
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Bitcoin is indeed made by someone who uses the name Nakamoto, but when many people make bitcoin wallets and have bitcoin wherever they come from and in any way, then they own the bitcoin. Bitcoin is a decentralized currency, allowing us to manage all transactions that we want without requiring the bank.
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Bitcoinsummoner
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December 31, 2018, 08:09:09 PM |
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I think Satoshi controls all
Satoshi may control bitcoin as s/he has the original coding. If Satoshi damage then it might be damage in anyway. Though there are lots of coder who is working on it.
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