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The Watercooler
Bitcoin Blockchain Illegality
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<blockquote data-quote="ukbackorder" data-source="post: 2273536" data-attributes="member: 5382"><p>'In their paper presented at a conference in Curacao, the team wrote: "Although court rulings do not yet exist, legislative texts from countries such as Germany, the UK, or the US suggest that illegal content such as (child sexual exploitation images) can make the blockchain illegal to possess for all users."</p><p></p><p>The discovery potentially means that possession of the blockchain - which is necessary to participate in Bitcoin - could be illegal in at least 112 countries.'</p><p></p><p><a href="https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022" target="_blank">https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022</a></p><p>Also: <a href="https://www.theregister.co.uk/2018/03/19/ability_to_dump_illegal_content_in_bitcoins_blockchain_puts_participants_in_peril/" target="_blank">https://www.theregister.co.uk/2018/03/19/ability_to_dump_illegal_content_in_bitcoins_blockchain_puts_participants_in_peril/</a></p><p>This sounds a bit worrying for anyone with bitcoin not only on an investment level but also on a legal level.</p></blockquote><p></p>
[QUOTE="ukbackorder, post: 2273536, member: 5382"] 'In their paper presented at a conference in Curacao, the team wrote: "Although court rulings do not yet exist, legislative texts from countries such as Germany, the UK, or the US suggest that illegal content such as (child sexual exploitation images) can make the blockchain illegal to possess for all users." The discovery potentially means that possession of the blockchain - which is necessary to participate in Bitcoin - could be illegal in at least 112 countries.' [URL]https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022[/URL] Also: [URL]https://www.theregister.co.uk/2018/03/19/ability_to_dump_illegal_content_in_bitcoins_blockchain_puts_participants_in_peril/[/URL] This sounds a bit worrying for anyone with bitcoin not only on an investment level but also on a legal level. [/QUOTE]
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