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Bitcoin to be destroyed by child-porn in block-chain?

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Anything related to investing, including crypto

loop101

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I didn't see this coming

Bitcoin's blockchain: Potentially a hazardous waste dump of child abuse, malware, etc

"Since all blockchain data is downloaded and persistently stored by users, they are liable for any objectionable content added to the blockchain by others," the paper says. "Consequently, it would be illegal to participate in a blockchain-based systems as soon as it contains illegal content."
 
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csalvato

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Rocky Mountain West
Uh what? bitcoin doesn’t allow for any data to be stored in the blockchain, as far as I know

edit: it appears you can store additional data in the blockchain, but I fail to see how this impacts It’s usefulness or value as a currency for medium of exchange or store of value...?

At worst this would affect the miners, not users, since users don’t download the full blockchain, usually.
 

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