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It looks like the UK is considering perjury and I hope they follow through and are aggressive on it. We can't have incentive structures where the upside is bec

It looks like the UK is considering perjury and I hope they follow through and are aggressive on it. We can't have incentive structures where the upside is becoming fabulously rich but the downside is a slap on the wrist.

idunnoman1222 2y ago
There was no potential upside of becoming fabulously rich. Nobody can “extract” those keys.
- pests 2y ago
  No need to extract keys, the Bitcoin devs could just change the code. Even lock up the original and mint new ones for Craig. It's just code in the end. Similar to how Eth changed the code to nullify the DAO hack.
  - greyface- 2y ago
    The Ethereum DAO rollback fork was (for better or worse) widely supported by the community. It's not likely that a court-ordered fork to reassign Satoshi's coins to Wright would have anywhere near the same level of support.
    - samtheprogram 2y ago
      But if it were to happen, what are the chances a fork of Bitcoin (that doesn’t respect this ruling) becomes more mainstream than Bitcoin? Less than 10%, and that’s generous.
      - throwaway48540 2y ago
        I see it the other way. 10% chance that the Craitoshi fork of BTC becomes mainstream.
        pests 2y ago
        Agreed. I was the one to bring up the DAO, but the situation is completely different when you get into the details. The DAO was hugely hyped by early eth adopters. If you were into eth, you were into The DAO. For the DAO to be hacked was like eth being hacked. When vitalik and the eth devs supported it, it was easy for the community to fall in line. Any Craig shenanigans would have absolute 0 support and be the exact opposite.
  - rlpb 2y ago
    It only works if traders also continue to accept such coins as payment, which they probably wouldn't.
    - wmf 2y ago
      His plan was to sue everyone into using his fork.
  - charlie0 2y ago
    It's my understanding that simply changing the code doesn't really have an effect until all the nodes in the system update to use it.
    - pests 2y ago
      Sue them all.

idunnoman1222 2y ago

There was no potential upside of becoming fabulously rich. Nobody can “extract” those keys.

pests 2y ago
No need to extract keys, the Bitcoin devs could just change the code. Even lock up the original and mint new ones for Craig. It's just code in the end. Similar to how Eth changed the code to nullify the DAO hack.
- greyface- 2y ago
  The Ethereum DAO rollback fork was (for better or worse) widely supported by the community. It's not likely that a court-ordered fork to reassign Satoshi's coins to Wright would have anywhere near the same level of support.
  - samtheprogram 2y ago
    But if it were to happen, what are the chances a fork of Bitcoin (that doesn’t respect this ruling) becomes more mainstream than Bitcoin? Less than 10%, and that’s generous.
    - throwaway48540 2y ago
      I see it the other way. 10% chance that the Craitoshi fork of BTC becomes mainstream.
      - pests 2y ago
        Agreed. I was the one to bring up the DAO, but the situation is completely different when you get into the details. The DAO was hugely hyped by early eth adopters. If you were into eth, you were into The DAO. For the DAO to be hacked was like eth being hacked. When vitalik and the eth devs supported it, it was easy for the community to fall in line. Any Craig shenanigans would have absolute 0 support and be the exact opposite.
- rlpb 2y ago
  It only works if traders also continue to accept such coins as payment, which they probably wouldn't.
  - wmf 2y ago
    His plan was to sue everyone into using his fork.
- charlie0 2y ago
  It's my understanding that simply changing the code doesn't really have an effect until all the nodes in the system update to use it.
  - pests 2y ago
    Sue them all.