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Author Topic: Height of Greed- Deny Satoshi's Bitcoin  (Read 4468 times)
zimmah
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June 05, 2014, 05:43:20 PM
 #41

Its scary how much power we have over this currency. We have the power to deny acceptance of a certain persons money xD

It would take a massive amount of work convincing the network to allow something like that. The chance of it ever happening is incredibly low.

Indeed, even the coins that were supposed stolen from Silk Road, or the coins from Mt. Gox are not banned.


It's unlikely that enough miners agree on ignoring certain addresses to ban someone. And i believe that is a good thing.
spazzdla
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June 05, 2014, 05:45:31 PM
 #42

@BTCIndia..

I misjudged you, sorry for the bit of ass in my post.  Have a good day mang!
acs267
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June 05, 2014, 05:47:59 PM
 #43

Saothsi worked too hard on Bitcoin to 'deny' his coins.
Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?
alani123
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June 05, 2014, 05:48:58 PM
 #44

Saothsi worked too hard on Bitcoin to 'deny' his coins.
Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?

Hell yeah it is... This post is just nonsense if not a bad troll atempt.

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Beliathon
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June 05, 2014, 05:50:03 PM
 #45

Saothsi worked too hard on Bitcoin to 'deny' his coins.
Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?

Hell yeah it is... This post is just nonsense if not a bad troll atempt.
India got himself ignored by me, I hope you all will consider doing the same.

Zero tolerance for trolls, Bitcoin is too important.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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June 05, 2014, 05:53:38 PM
 #46

Saothsi worked too hard on Bitcoin to 'deny' his coins.
Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?

Hell yeah it is... This post is just nonsense if not a bad troll atempt.
India got himself ignored by me, I hope you all will consider doing the same.

Zero tolerance for trolls, Bitcoin is too important.

Agreed. He is a troll.
acs267
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June 05, 2014, 06:00:48 PM
 #47

Saothsi worked too hard on Bitcoin to 'deny' his coins.
Holy shit, isn't this the thing we're trying to achieve, to raise beyond Fiat?

Hell yeah it is... This post is just nonsense if not a bad troll atempt.
India got himself ignored by me, I hope you all will consider doing the same.

Zero tolerance for trolls, Bitcoin is too important.

Agreed. He is a troll.

Or he might be the typical ignorant person, hell, I'm surprised nobody has reported this post yet.
Pente
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June 05, 2014, 06:01:21 PM
 #48

Satoshi gave us a great gift with Bitcoin. Yes, he has a ton of bitcoins. Yes, I sometimes feel jealous. BUT THAT IS A FLAW WITHIN MY CHARACTER.

Satoshi may have some other great ideas. Maybe he wants to buy an island and start Bitcoin Nation. Maybe start a colony on Mars. Maybe invest in human longevity.

He has proven his worth. He deserves them. And he should have a chance to try something else if he wants.

Who knows? Maybe he will fund a group and find a cure for aging.
alani123
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June 05, 2014, 06:02:52 PM
 #49

Quote
This user is currently ignored.

Here BTCindia. Here's what you asked for.  Roll Eyes


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cr1776
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June 05, 2014, 06:05:26 PM
Last edit: June 05, 2014, 06:59:57 PM by cr1776
 #50

This is a hard fork.  Go ahead and code this change to fork the reference client, fork the blockchain, and start up your theft-coin and then see how many people follow to mine and use it.

Let us know when you have completed this task so we can all watch to see how it turns out.

If you really believe it, stop discussing it and actually do it.  It won't be bitcoin, it will be some alt-coin, theft-coin that is pretty worthless in protecting people and their assets.

Chill! I'm just a kid in capable of doing right. Just here for discussion.

It is perfectly chill.  Just saying, if you think it is a good idea, just do it and see if it works in the real world! 

Few people will want a coin that can be stolen at any moment.


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June 05, 2014, 06:09:17 PM
 #51

I think Satoshi, once the price is extremely high, should start sending some coins out to further disrupt.
And of course send out more to poor areas - create some kind of For the People infastructure.

It is great that Satoshi still has those coins as he is yielding a very big sword, or is it heart?

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
brokedummy
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June 05, 2014, 06:37:39 PM
 #52

Genius like him are never into money. What good is money for him?.
You're right about geniuses not being into money, but you don't need to destroy Satoshi's coins. It should be clear by now that Satoshi never intended to spend any of it. Bitcoin is her/his/their gift to the world.

Think about that. Really let it sink in.

You have no way of knowing that. He could be waiting until his stash is worth even more money. Perhaps he is waiting until he can cash out, aquire a large chunk of the worlds resources and then enslave humanity as an evil tyrant. We don't know.
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June 05, 2014, 06:47:48 PM
 #53

Speaking on the subject,
does anyone have an approximate number of Satoshi's coins?
Wallet addresses?

I heard it is estimated at 1 million btc but how was it estimated?
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June 05, 2014, 07:37:11 PM
 #54

It doesn't belong to you.  Taking something which doesn't belong to you is theft.  It really is that simple.

Morals are quite appreciated!
Is it your value of Bitcoin growing on its own? Zerosum game my friend! Zerosum! Stylish Thef- I like to call with my limited experience and knowledge.  

And who is stealing his coin? We're just denying, or destroying things that we believe won't be used in future. Fair enough? Don't you discard things that, you believe won't be used in future? Why not keep lead battery forever?

Do you 'deny' or discard your neighbors things based on your assumption that they will not use it?

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June 05, 2014, 08:45:30 PM
 #55

It won't be bitcoin, it will be some alt-coin. But if you really believe it, stop discussing! it's time to do it! 
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June 05, 2014, 08:48:37 PM
 #56

Genius like him are never into money. What good is money for him?.
You're right about geniuses not being into money, but you don't need to destroy Satoshi's coins. It should be clear by now that Satoshi never intended to spend any of it. Bitcoin is her/his/their gift to the world.

Think about that. Really let it sink in.

You have no way of knowing that. He could be waiting until his stash is worth even more money. Perhaps he is waiting until he can cash out, aquire a large chunk of the worlds resources and then enslave humanity as an evil tyrant. We don't know.

The hero worshiping side of me thinks he is holding it for the day fiat collapses so bit coin can ride in to save the day.

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June 06, 2014, 07:08:22 PM
 #57

If we do this Satoshi may appear again.

So lets do this.

PS
Pente - it's now flaw within your character, Satoshi could make much, much more to promote BTC during it's infancy using these BTCs.

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June 06, 2014, 07:18:37 PM
 #58

Let's take away the coins from the one person who created the whole system and deserves them the most.  Makes perfect sense.

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June 06, 2014, 07:24:31 PM
 #59

If satoshi wants to destroy his/her/their/its coins, they will.  

The whole point of this thread seems to be based on the transfer of greed rather than any sort of democratic concept.
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June 06, 2014, 07:24:38 PM
 #60

While no one is ever going to agree to stop Satoshi from accessing his coins, they nonetheless remain a huge wildcard in the future of bitcoin. Just the possibility that he could move those coins has to add some negative value to an objective evaluation of bitcoin's value. I love Satoshi as much as anyone, but the idea of a million coins that sit there in limbo is not a good thing anyway you look at it.

I would hope that one say Satoshi returns and openly discusses his plans regarding those coins. I think he deserves everything he can get, but he also has the ability to destroy, or at the very least do great harm to his creation. And I'm sure that he realises this as well.
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