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How to recover your stolen bitcoin
#1
I have to admit that I don't fully understand the Bitcoin protocol. But from what I understand, transactions are traceable - it's the main reason decentralization works - the world can observe and confirm that a transaction is legitimate.
Why then can we not observe when a thief tries to collect or exchange a Bitcoin that we know has been stolen?

As Robert Wagner writes:
1 in 14 Bitcoins has now stolen property, and there are many laws governing the stolen property.
What am I missing here? With so many Bitcoins identified as "stolen", why can't they be traced, recovered, and returned to their rightful owner?


How to recover your stolen bitcoin
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