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From: Casey Rodarmor <casey@rodarmor.com>
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Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Draft-BIP: Ordinal Numbers
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=E2=80=8BThe least reasonable thing I could expect is some claimed former h=
older of
some ordianls turning up to challenge me that it was their stolen Bitcoin
was some of what I received.


I think it's unlikely that this would come to pass. A previous owner of an
ordinal wouldn't have any particular reason to expect that they should own
it after they transfer it. Similar to how noting a dollar bill's serial
number doesn't give you a claim to it after you spend it. From the BIP:

=E2=80=8BSince any ordinal can be sent to any address at any time, ordinals=
 that
are transferred, even those with some public history, should be considered
to be fungible with other satoshis with no such history.
<https://github.com/casey/ord/blob/master/bip.mediawiki#backward-compatibil=
ity>

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<html><head></head><body><div><div><blockquote class=3D""><div class=3D""><=
div class=3D""><div class=3D""><div class=3D"">=E2=80=8BThe least=20
reasonable thing I could expect is some claimed former holder of some=20
ordianls turning up to challenge me that it was their stolen Bitcoin was=20
some of what I received.<br></div></div></div></div></blockquote><div class=
=3D""><div class=3D""><br></div><div class=3D"">I think it&#39;s unlikely t=
hat this would come to pass. A previous owner of an ordinal wouldn&#39;t ha=
ve any particular reason to expect that they should own it after they trans=
fer it. Similar to how noting a dollar bill&#39;s serial number doesn&#39;t=
 give you a claim to it after you spend it. From the BIP:<br></div><div cla=
ss=3D""><br></div></div><blockquote class=3D""><div class=3D""><div class=
=3D"">=E2=80=8BSince any ordinal can be sent to any address at any time, or=
dinals that are transferred, even those with some public history, should be=
 considered to be fungible with other satoshis with no such history.<a styl=
e=3D"text-decoration-color:initial;text-decoration-style:initial;text-decor=
ation-line:none" href=3D"https://github.com/casey/ord/blob/master/bip.media=
wiki#backward-compatibility" aria-hidden=3D"true" class=3D"anchor" id=3D"us=
er-content-backward-compatibility" target=3D"_blank" rel=3D"noopener norefe=
rrer"></a><br></div></div></blockquote></div><div></div></div></body></html=
>

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