Should miners collude to steal funds from wallet confiscated by US government?

[Spaceman_Spiff]

Why are people still posting here. Why not just let this thread die?

It's a good thread to populate your ignore list.

So you are adding yourself to his ignore list? 

[adamstgBit]

Why are people still posting here. Why not just let this thread die?

its a good question that everyone asks

the short answer is that you can't force the network to do something that 99.99% do not want to see happen EVER


i think we can all agree no one wants to see the network "collude to steal funds" ....

[tonychau77]

The government stole the user's fund. Stealing the funds will be very hard but not impossible. How ever the government stealing things is legal where ordinary people doing it is illegal.

[Alpaca Bob]

I think 'no' is probably the right answer, but I strongly disagree with the idea that it would "destroy everything that Bitcoin stands for" if we prevented the feds from spending those coins. To me, Bitcoin "stands for" a system that is voluntary and based on consensus rather than coercion.  The ledger is whatever the network collectively agrees it is.   Here, we have witnessed a very large, unambiguous, and high-profile theft of bitcoins where the thieves have not yet made any attempt to launder the stolen coins.  So we still could make the stolen coins unspendable without harming innocent third-parties.  In this scenario, which will almost by definition be an extremely rare one, I don't see why the network couldn't collectively agree that the thieves should not be allowed to profit from their bad acts.  Now, that doesn't appear to be the consensus that has in fact been reached. Instead, the consensus appears to be that it's more important to keep "the rules" simple (i.e., the owner of the coins is whoever has the private key and the network isn't going to "look behind" transactions), keep the network "neutral", and not undermine confidence in the protocol by departing from "the rules" even in extreme cases.  And that's fine, and like I said, probably the right result in this case.  But again, the most important "rule" is consensus. And in an even more extreme case, e.g., the feds steal DPR's (probably-mythical) 600,000 coins, I could see the network coming to a different consensus -- and that wouldn't necessarily be a bad thing.

Yes, the network is based on consensus. But if the consensus were to be that it's ok to freeze accounts in some cases, that will be the day I quit bitcoin and move 100% of my funds to Litecoin (or perhaps some newer, better alt.)

[aceking]

Should miners collude to steal funds from wallet confiscated by US government?

are the any other situations where this is encouraged?

is so hard to understand that the consequences of this would be the death of bitcoin ?

[ShadowOfHarbringer]

We should really give "idiot of the year" badges to everybody who voted "Yes" and the topic author.

It would be so much easier to populate ignore lists later without wasting time for discussion.

[b!z]

After read on this thread my IQ dropped by a few points.

[fran2k]

I think the harder question would be, WHO would get the redirected funds?

Me?

You?

We could just add 1 or 2 bonus btc for each block reward

[Dalkore]

This is likely the worst idea I've ever seen on these forums, and this place is full of bad ideas.

Ditto.  Bad precedent.

[User705]

I think the harder question would be, WHO would get the redirected funds?

Me?

You?

We could just add 1 or 2 bonus btc for each block reward

Who's "we"?

[fran2k]

I think the harder question would be, WHO would get the redirected funds?

Me?

You?

We could just add 1 or 2 bonus btc for each block reward

Who's "we"?

Nevermind, obviously this a stupid idea that will erode the trust in the coin and in the community if executed.

[Wilikon]

What a Moronic Stupid Idea.

the sad thing is withing the next 140 years people like the OP will be the ones destroying bitcoin. If 51% of fools like him/her takes over it is done.

[leopard2]

The government stole the user's fund. Stealing the funds will be very hard but not impossible. How ever the government stealing things is legal where ordinary people doing it is illegal.

Almost everything governments do, would be illegal for ordinary people. What sets governments apart from other criminal orgs, is that they are the largest and most powerful. At the end of the day, SR was not breaking the laws of physics but the arbitrary laws set forth by the USG mafia. SR was only meeting a consumer demand, they were the good guys. FBI is working against consumers, SR was working for them (except for the hitman stuff). As long as drug addicts only hurt themselves it is no ones business (except maybe DMV or health insurers), but of course those paid by USG will disagree  .

[darkmule]

Almost everything governments do, would be illegal for ordinary people. What sets governments apart from other criminal orgs, is that they are the largest and most powerful. At the end of the day, SR was not breaking the laws of physics but the arbitrary laws set forth by the USG mafia.

Yeah, damn dat eeeebil gummint for prohibiting hiring people to murder your drug rivals.

[leopard2]

Almost everything governments do, would be illegal for ordinary people. What sets governments apart from other criminal orgs, is that they are the largest and most powerful. At the end of the day, SR was not breaking the laws of physics but the arbitrary laws set forth by the USG mafia.

Yeah, damn dat eeeebil gummint for prohibiting hiring people to murder your drug rivals.

Bullshit, I wrote

FBI is working against consumers, SR was working for them (except for the hitman stuff).

[murraypaul]

Which has to be one of the funniest quotes for a while.
Such a great guy... except for hiring hitmen.

[darkmule]

Almost everything governments do, would be illegal for ordinary people. What sets governments apart from other criminal orgs, is that they are the largest and most powerful. At the end of the day, SR was not breaking the laws of physics but the arbitrary laws set forth by the USG mafia.

Yeah, damn dat eeeebil gummint for prohibiting hiring people to murder your drug rivals.

Bullshit, I wrote

FBI is working against consumers, SR was working for them (except for the hitman stuff).

Silk Road was DPR, you ninny.

[cypherdoc]

I still want to hear the steps required to accomplish such a feat.

Stop being so freakin logical.

[b!z]

Which has to be one of the funniest quotes for a while.
Such a great guy... except for hiring hitmen.

..and selling illegal goods

[Rassah]

Which has to be one of the funniest quotes for a while.
Such a great guy... except for hiring hitmen.

..and selling illegal goods

arbitrarily illegal goods, and not illegal everywhere they were being sold to. USA is not the entire planet.