Maybe off topic, but can you realistically “steal” crypto? It’s just a system where you need a key to authorize transactions. It’s not tied to a person, it’s tied to a key.
It’s like, “who you are” part of authentication doesn’t exist, so therefore who you are wouldn’t define ownership.
there used to be coiners who advocated precisely this theory of ownership, but we tend to hear these days from the captains of industry who desperately seek out the statist boot to lick when their apes are cryptographically reassigned
Can you really “steal” money? It’s just paper with numbers written on it, just because the person who possesses the paper has changed doesn’t mean the paper has.
Yeah, but if you steal my money, the centralized state can punish you and demand restitution. It’s like when Seth Greene had his NFT phished, he had no legal recourse to get it back.
Has there been any case where people stealing crypto got them in trouble? The only thing I’ve seen is where people create rug pulls and they get charged with fraud, so legal repercussions against an organization.
Sam Bankman-Fried was sentenced to 25 years for stealing crypto. I’m sure other people have been charged too, but someone who gets caught stealing $100 of crypto probably won’t make the news.
Maybe off topic, but can you realistically “steal” crypto? It’s just a system where you need a key to authorize transactions. It’s not tied to a person, it’s tied to a key.
It’s like, “who you are” part of authentication doesn’t exist, so therefore who you are wouldn’t define ownership.
there used to be coiners who advocated precisely this theory of ownership, but we tend to hear these days from the captains of industry who desperately seek out the statist boot to lick when their apes are cryptographically reassigned
Can you really “steal” money? It’s just paper with numbers written on it, just because the person who possesses the paper has changed doesn’t mean the paper has.
Yeah, but if you steal my money, the centralized state can punish you and demand restitution. It’s like when Seth Greene had his NFT phished, he had no legal recourse to get it back.
Has there been any case where people stealing crypto got them in trouble? The only thing I’ve seen is where people create rug pulls and they get charged with fraud, so legal repercussions against an organization.
Sam Bankman-Fried was sentenced to 25 years for stealing crypto. I’m sure other people have been charged too, but someone who gets caught stealing $100 of crypto probably won’t make the news.