[autisticcurio]

As someone who was mining bitcoins in the very early days, like one every few hours, bitcoins has many flaws. The biggest issue is when you lose your password, you cant get your money back, over time there will be an increasing number of bitcoins that dont go anywhere, just like Satoshi doesnt spend theirs. When looking at it from a different perspective of watching network traffic at 5 eyes level, I also think of the makers of Tor, these "tools" may have the popular misconception for being secure, but now I just look at them as a 5+x eyes intelligence tool.

Here is a challenge to test this theory, computer hacking is illegal right, but satoshi's identity remains a mystery, they cant prove their identity in a court of law, so hack "his" bitcoin account and move his bitcoins to another bitcoin account. "He" will have to come forward to garner the help of the authorities to get his bitcoins back, ergo we will get to find out who Satoshi really is!

Put it like this, as an exercise, it will be interesting to see in court how "he" proves his identity. Do you see the problem?

Whats that Thomas Pynchon quote?

[brokenmachine]

I don't understand what the problem you are referring to is.

That's a feature, not a bug. The government cannot hand over ownership of your btc. That's the whole point of decentralized.

The forgetting your password thing may be an issue for the person who forgets their password, but it is not an issue for the network. Those btc are out of circulation, sure, but there's lots more out there that people can exchange. Just don't forget your password and you'll be fine.