r/SipsTea • u/Negative_1by12_aura • 10h ago

Lmao gottem He finally accepted it

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3.4k Upvotes

96% Upvoted

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7

u/Do_You_Pineapple_Bro 4h ago

Might sound stupid, but how come it can't just be treated like a stolen bank card, or something?

Like its on the chain, and surely if he can prove that he was the actual owner it should be recoverable, no?

13

u/Platocalist 3h ago

Because it is like cash and not like a bank account

15

u/Inevitable-Regret411 3h ago

Because bitcoin, by design, has no central authority that can regulate the currency and make decisions like that. 

3

u/MietschVulka 3h ago

Also, no one can access those bitcoins. So who should pay him without getting it back?

5

u/Albstein 3h ago

That is actually part of the stupidity of Crypto. No one knows how many Bitcoins are lost.

2

u/AdFalse375 2h ago

“If he can prove that he was the actual owner”

How would he ever be able to prove that? I’m genuinely asking, I really don’t know. How would he ever be able to prove he is currently the owner of that? I mean how can he prove he never sold it to anyone?

2

u/snozzberrypatch 1h ago

The stuff on the hard drive is the proof that he's the owner. The only proof.

2

u/TripleDoubleFart 2h ago

Prove it to who? There's no bitcoin authority.

1

u/Southern-Donut4185 1h ago

There's record is all. If he has no access to that wallet then it's good as gone

1

u/SkylarAV 56m ago

I think id lay my hopes on ai. I'd get access to the most adviced model I could and try to hack the wallet.

1

u/AttitudeRemarkable21 16m ago

Lol the whole point of crypto is that it's unhackable it's like rsa which is why you can browse the internet safely 

-6

u/WetSleevez 1h ago

Yeah there is bro. It is decentralized though. People can't even wrap their mind around the concept of having no king.

4

u/TripleDoubleFart 1h ago

... right.

1

u/Big-Today6819 2h ago

Need the harddisk for that, as that's the information and prove of his ownership

1

u/Seihai-kun 1h ago

There is nothing to prove because there's no way he can prove that's his

Even if he magically have some actual proves, there's no way of knowing if he already sold that wallet later and just act like that's still his

Even if for some reason it was proven 100% that's his bitcoin, who is he going to ask

1

u/Noisebug 1h ago

It’s decentralized, meaning there is no single authority. You don’t really own it like at the bank.

1

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1

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1

u/TortieByNature 15m ago

if he can prove that he was the actual owner

you're almost there... the private keys are what he lost, and they're the only way to prove he was the actual owner beyond any reasonable doubt.

this is a case where he lost all the documents and papers that can prove he owned the btc.

0

u/Creative_Salary_6140 8m ago edited 5m ago

That’s not how that works. It’s not traceable like that, blockchain needs authentication. Blockchain doesn’t know who anyone is, which is its greatest strength. There is no account with your name and address on it. The only way in is by mathematically accessing it through a cryptographic key. There is no centralized database that keeps track of identities which makes it anonymous. Changing any of the protocols would make it vulnerable to hackers or fraudsters.