On Tue, Jan 20, 2015 at 12:47:04PM -0500, Matt Whitlock wrote: > On Tuesday, 20 January 2015, at 6:44 pm, Tamas Blummer wrote: > > Knowing the private key and owning the linked coins is not necessarily the > > same in front of a court. > > > > At least in german law there is a difference between ‘Eigentum' means > > ownership and ‘Besitz’ means ability to deal with it. > > Being able to deal with an asset does not make you the owner. > > So what we're telling the newbies in /r/bitcoin is plain wrong. Bitcoins *do* > have an owner independent from the parties who have access to the private > keys that control their disposition. That's pretty difficult to reconcile > from a technological perspective.
The law concerns itself with what should be done, not what can be done. Bitcoin the technology doesn't have a concept of "ownership" - that's a legal notion, not a mathematical one. -- 'peter'[:-1]@petertodd.org 00000000000000001a5e1dc75b28e8445c6e8a5c35c76637e33a3e96d487b74c
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