8 upvotes, 4 direct replies (showing 4)
View submission: Don't invest recklessly
Is that possible, though?
If it's possible to re-mine coins stored in private wallets to be allocated elsewhere after 20 years, why can't that be done now? I thought coins in private wallets were supposed to be untouchable without the keys.
Comment by NewLlama at 30/11/2017 at 07:07 UTC
18 upvotes, 0 direct replies
It would be a deviation from the protocol which would have to have consensus from the entire ecosystem. It's possible but the drama would make BTC vs BCH look like nothing.
Comment by [deleted] at 30/11/2017 at 10:35 UTC
2 upvotes, 0 direct replies
It's only possible if a majority of the miners would run that specific version of the Bitcoin client.
Comment by P00r at 30/11/2017 at 08:26 UTC
1 upvotes, 0 direct replies
it is not possible and it assume that the algo are not secure... they are secure and no need to move coin around to keep them alive :)
Comment by Moschino76 at 30/11/2017 at 15:52 UTC
1 upvotes, 0 direct replies
The Sony CDP-101 is the world's first commercially released compact disc player. The system was launched in Japan on October 1, 1982 at a list price of 168,000 yen (approx US$730) - its completely pointless now, because we have cloud and streaming tech. In 20 years we will not need to hold bitcoin. It will be part of everyday life.