Plenty of coins are burned/provably undependable.
As if any consensus would form around getting rid of Satoshi's coins.
Your solution is to just let a government steal millions of coins and get away with it?
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People steal bitcoin all the time. Would you care to do that if the CCP did that to the Chinese?
Sure, why not - there will be forks for all sorts of reasons.
I’ve posted multiple times that I think Coinbase are going to be targeted when BTC goes up - if some group goes and robs Blackrock of 500k coins before the USGov can 6102 them, are we going to blacklist that too?
If the choice is between USGov 6102ing without impact and Noderunners blacklisting addresses, I’ll take the former.
They’ve just created a massive fucking honeypot again that some group can go after, rob, and send via irreversible transaction out of their custody.
No theft of Bitcoin should see wallets blacklisted. “Soft” blacklisted ok, but not via consensus.
Given that if the government steals coins, that means Bitcoin's legitimation, which is a win in itself.
Anyways, stolen coins are still valid coins because...they're just coins, such as stolen gold bars are still gold bars.
The fact that a lot of coins are sitting in one's priv keys, being the keys of a government or an individual, is somehow a natural evolution of how capital works. Bitcoin is not a Maoist dream in which every user holds the same amount of coins...so we must accept the existence of big coin stacks, like possibly a government's stack.
Why are you talking about Maoism?
Bitcoin is not gold, because you can't fork gold.
If there is a major consensus break, then there will be a fork. If that's your opinion, you will know which side of the fork to choose.