Same as if somebody punches you and takes your wallet, or takes more than the 250,000K the FDIC insures out of your $20mil bank account.
On Dec 7, 2017 8:26 AM, "Steve Jones" <[email protected]> wrote: > Recreating it is the same as counterfitting. If i lose 100 bucks while im > out. I cant wake up and when the hangover cures, just print a new bill. > Crypto currency is by nature "anonymous" whoever posseses it owns it, not > like a stock or bond thats got a trail of identifiable ownership. > This is why it will never function as an actual currency, its just a > digital commodity with no inherent safety net. Even a gold bar you can > stamp. One bitcoin is theoretically indiscernable from another, so even if > you tracked it, you couldnt prove ownership. With no central backing, even > if you could, theres no enforcement body to make anyone give it back.... > aside from a hard fork > > On Dec 7, 2017 8:17 AM, "Gino A. Villarini" <[email protected]> wrote: > > Right.. Same idea > > From: Af <[email protected]> on behalf of Matt Hoppes < > [email protected]> > Reply-To: "[email protected]" <[email protected]> > Date: Thursday, December 7, 2017 at 9:38 AM > > To: "[email protected]" <[email protected]> > Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US > Exchange Opens | Business News | US News > > Right. But this is digital. > > On Dec 7, 2017, at 08:24, Gino A. Villarini <[email protected]> wrote: > > Same as you steal paper money, you can’t deactivate the stolen notes and > draw yourself new ones … > > From: Af <[email protected]> on behalf of Matt Hoppes < > [email protected]> > Reply-To: "[email protected]" <[email protected]> > Date: Thursday, December 7, 2017 at 9:09 AM > To: "[email protected]" <[email protected]> > Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US > Exchange Opens | Business News | US News > > How do you steal bit coin it's digital currency. Can't you just deactivate > whatever was "stolen", and re-create it, this digital currency is > completely foreign to me. > > On Dec 7, 2017, at 08:07, Jaime Solorza <[email protected]> wrote: > > https://www.usnews.com/news/business/articles/2017-12-07/bit > coin-miner-nicehash-reports-hack-theft-of-its-wallet > Jaime Solorza > > >
