would you accept stolen bitcoins?

[cr1776]

No I wouldn't accept them.  I check the serial number of every dollar bill in my wallet against the national database of stolen money  (Library of Laundering).  The LOL also tracks terrorist funds digitally and I refuse to take that.  Unfortunately it means I send most of my paycheck back and I'm totally broke.

LOL L.O.L.

What happens with regard to tainted electrons that power the banking system?  :-)

[Sutters Mill]

I wouldn't now that there is talk of Bitcoin blacklisting. I mean I'd probably accept it, but if a legitimate way of identifying stolen BTC is added into the protocol as proposed, they'd be worth nothing anyway.

If blacklisting is added into the protocol, it would be begin of end for Bitcoin I think

Yes, if bitcoin is added into the protocol then it will be a hard fork.  Those who want the non-fungible bitcoin will go in the new alt-coin, and everyone else will stay with bitcoin.  I think it will be clear quite quickly that people don't want a blacklist-able bitcoin.

A good reason to diversify your portfolio a little.

[hilariousandco]

I would except bitcoins if they were stolen, Theres no way to find the owner right?

You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.

[Mobo]

Why not eh?

[whtchocla7e]

I would except bitcoins if they were stolen, Theres no way to find the owner right?

You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.

Nah man, you can't prove ownership through blockchain.

[Recon]

Bitcoins wont smell as money too. If you taking money from bank you not doig chemical survey if money not have drugs traces
In america more than 25 percent dollar bills have cocaine powder on it.

Its creators problem what they not making option to make bitcoins fake who been stolen.

I personally taking all bitcoins for my services and not have time to examine each block chain for each transaction.
If bitcoins been stolen its theft and previous owner problem. They not centralised as bitcoin creators states and no one will tell witch one bitcoin been stolen if i have over 1k of them total in account.
Long time ago been writed to developers about needed improvements so peoples use it totally safe and not traced. Now you can get 52 percent all bitcoins in market push them back and track each bitcoin and for what its been used. Bitcoins just another tool for goverments to control money flow. Once they make that safe and secure from tracking it will be real cryptocurency.

If you do survey for all bitcoin wallet versions you will find out company who participating in cryptografy for gov projects

[Sonny]

You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.

know about what?
They know their funds are gone, and no idea who took it...

We all know inputs.io was "hacked", and TF is gone, and then ?

[bennybong]

Blacklisting bitcoins is such a stupid idea. Think about it guys, imagine if you could blacklist fiat currencies this way. We'd have none left to spend! Fungibilty blah blah.... 

[hilariousandco]

You can trace them though the blockchain. If somebody gets hacked and all their coins go to your address they'll know about it.

know about what?
They know their funds are gone, and no idea who took it...

We all know inputs.io was "hacked", and TF is gone, and then ?

They'll know the address they went to, that's what I'm saying. Whether you can trace them to a specific owner is a different matter.

[Holliday]

A bitcoin is a bitcoin in my book.

If you want to chase criminals, go after the individual(s) who committed the crime, not the tools they used.

[fluidjax]

Lets say I have 1 bitcoin that the 'system' recognises as stolen, I then send 1 satoshi of that bitcoin to every known bitcoin address that contains any coins. Then the whole black listing system breaks down.

The intention is good, like a benevolent dictator, but it breaks one of the core principles of bitcoin, it centralises control with some authority. That authority is vulnerable to corruption.

It must never be allowed to happen.

[Meuh6879]

imagine if you could blacklist fiat currencies this way

think about "chypre" and the frozen accounts above 10000 euros.
think about paypal and frozen account (to force to buy a "pro" account with tax).

[Sutters Mill]

Lets say I have 1 bitcoin that the 'system' recognises as stolen, I then send 1 satoshi of that bitcoin to every known bitcoin address that contains any coins. Then the whole black listing system breaks down.

The intention is good, like a benevolent dictator, but it breaks one of the core principles of bitcoin, it centralises control with some authority. That authority is vulnerable to corruption.

It must never be allowed to happen.

Wouldn't this just mean that everyone has 1 satoshi that they can't use, not that the whole thing will fall over?

[msc]

Bitcoin cannot be stolen.

But yes, I would accept Bitcoins that someone unexpectedly lost control of.

Private keys can be stolen, which equates to Bitcoins being stolen. 

But as soon as I send coins from one address to another, nobody knows if both addresses are mine, or if I used the stolen coins to make a legitimate purchase.  So while coins can be stolen, I don't consider "stolen coins" to be any different than "coins".  You can take action against the person who committed the theft, not the person who holds the coins.

[ChuckBuck]

No hesitation.  Yes, I would accept stolen bitcoins.  Finders keepers!   

[Sutters Mill]

Well let's put it into fiat terms and see if morals change:

Would you accept a wad of cash from someone, knowing that it was stolen from someone's sideboard and may be their life savings?

I'm not saying anything either way here, just curious.

Taking the fear of being caught out of it, think of the same question as above but with the money being stolen 3 years ago. Does that change things, knowing that you might not get caught like with BTC?

[Bobsurplus]

100% I would except them, not only that... I welcome them!

[cp1]

No I wouldn't accept them.  I check the serial number of every dollar bill in my wallet against the national database of stolen money  (Library of Laundering).  The LOL also tracks terrorist funds digitally and I refuse to take that.  Unfortunately it means I send most of my paycheck back and I'm totally broke.

LOL L.O.L.

What happens with regard to tainted electrons that power the banking system?  :-)

I split them into quarks and see if any of them are clean, otherwise I throw out the lot of them.

On a serious note, there are 2 problems with this thread:

Bitcoins are actually destroyed when spent, so there's no such thing as receiving stolen coins.  You get fresh ones every time
Accept and Except are not the same word.

[jongameson]

yes.  definitely not

[lerelerele]

Blacklisting bitcoins is such a stupid idea. Think about it guys, imagine if you could blacklist fiat currencies this way. We'd have none left to spend! Fungibilty blah blah.... 

Fake bitcoins could be used to be new block rewards at the start of the unrewarded blocks.