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The article claims that bitcoin transactions are reversible, which they are not. He substitues the feds seizing the private keys and making new transactions as
by audleman 5y ago
The article claims that bitcoin transactions are reversible, which they are not. He substitues the feds seizing the private keys and making new transactions as reversals.
- lxgr 5y agoSure, that is what the article literally says ("the Feds can move your Bitcoin without your private keys!"), but I think the point he's trying to make is more along the lines of "in-system transaction finality isn't everything".