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    Author Topic: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now  (Read 84445 times)
    BadBitcoin (James Sutton)
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    November 21, 2013, 08:10:40 PM
     #421



    For the reasons you mentioned and others, x-listing is fairly worthless on it's own.  Most people who understand the solution probably easily understand this.

    Coupled with systems which dismantle anonymity, however, x-listing could be highly effective at solving 'crime' and a lot of other things which many people consider maladies of the current implementation.

    Anonymity is actually considered a bug and not a feature to a LOT of people and it is certainly not limited to crypto-currencies.  If Bitcoin could be evolved to a situation where the foundations of anonymity were weakened while it still retains it's leading role in the space, that would be ideal to some.  Other more general anonymity-centered attacks could then suck Bitcoin along for the ride.



    As you can see from my name I've got nothing to hide myself, however I can certainly see issues with reducing privacy for the chinese or other countries where bitcoin privacy is what's currently keeping them from being locked away in jail for currency fraud or whatnot.

    I understand the problems that arise from a quasi-anonymous digital "cash" system that bitcoin is, but regulating the shit out of it and breaking the fundamental structure of what makes bitcoin such a universal tool is not the way to do it, I appologize to all the american users who want to easily buy bitcoins, however I don't share your pain because my country doesn't have draconian legislation.

    "chlid pornographers use bitcoin, we must change bitcoin to stop them from doing this" - this old LE tactic has never worked and only hurts common users of new technology, you must stop child pornographers/drug dealers/ hackers from having an incentive for doing this in the first place, clearing the symptoms of the problem doesn't actually do anything besides make the LE look like their actually being productive.
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