All Bitcoin private keys are on this website

Post by toolz » Wed, Dec 22, 2021, 2:51 AM UTC

SgtBastard wrote: post #360

toolz wrote: post #232

Earlier quoted context omitted.

Bitcoin has a hard cap on how many will ever be in existence. If that's not the definition of real scarcity, then what is? Your implication that bitcoin is easily divided somehows means it isn't finite is simply wrong. Firstly it's not infinitely divisible, secondly things that _are_ infinitely divisible do not just become inflated simply because this property exists. I find it rather revealing that so many anti-cryp…

Bitcoin has no hardcap. We agree that only 21m bitcoins will be mined into the existence as block rewards… until we don’t agree and change it.

Post by jarfil » Wed, Dec 22, 2021, 4:21 AM UTC

FabHK wrote: post #272

bspammer wrote: post #247

Earlier quoted context omitted.

Even if we measure the widest distance (width of the known universe) by the smallest unit (planck length), we only get to 10^61, which is still 16 orders of magnitude away.

oh, but space is 3d, so we're talking 10^183. Just put a computer in every 10^100 of those cubes, and we'll find Satoshi's key in no time.

Post by CamelRocketFish » Wed, Dec 22, 2021, 6:01 AM UTC

azth wrote: post #312

AstroDogCatcher wrote: post #306

Earlier quoted context omitted.

The key difference is that one of these things has the backing and approval of recognized governments who also control law enforcement, while the other is just some guys on the internet. I'm not so sure "finding a pre-existing bitcoin wallet I can claim, and doing so" is really any different than "generating hashes until the blockchain hands me a prize".

That's not an argument. In any case, more and more governments are now recognizing crypto as something real, and are coming onboard. E.g. most recently Dubai.

Post by DarylZero » Wed, Dec 22, 2021, 6:41 AM UTC

henvic wrote: post #284

jmoreno94 wrote: post #214

Earlier quoted context omitted.

Because whether or not Bitcoin is silly, someone else paid their hard earned money for the coins, usually we say that makes someone the owner. What do you usually call someone who takes a thing from its owner without permission?

Except that they aren't taking anything from anyone. It's information. They might be copying it. And you might argue things like privacy count, and I'd be willing to hear your reasoning, but this shouldn't be like magic. Yeah, someone was silly to pay hard earned money in exchange from useless tokens. It was a gamble. If the useless tokens get stolen, I'm sorry to say, but whoever paid for BTC already lost their weal…

Post by divbzero » Wed, Dec 22, 2021, 8:08 AM UTC