Quote from: tvbcof on August 23, 2015, 04:47:43 AM

Quote from: VirosaGITS on August 23, 2015, 04:41:56 AM

Quote from: tvbcof on August 23, 2015, 04:36:57 AM

One of the 'features' which I would expect to see in the XT pipeline would be what I call a 'forced spend'. This would happen when black- or white-listing and individual identity systems were rolled in and proven. A year or two.

A forced spend would be something like 'you have a year to dig out your deep storage wallet and send your coins to yourself (or whoever you choose) else they will no longer be valid.' In this way the entire currency base would be known and a good starting point would be in place. We are in an 'unfortunate' situation now where there are plenty of BTC which are not really understood by those nice people who are protecting us from terrorists and stuff.

The way this would effect Causius Coin (or whatever it was) would be that people would have to break the seal. An alternative would probably be that the holder could produce them for physical inspection and registration.

Why in the world something such as this should be needed, required or wanted?

Beside the huge annoyance of having to resend your coin to the same address. Refreshing if you will. It serve no purpose.

The world is full of mean and scary terrorists, dangerious drug lords, disgusting pedos, tax cheats who cause the good law abiding citizens to pay more than their share, etc. Why would 'we' NOT want those who are looking out for us to have the tools needed to do their jobs as efficiently as possible? Individual liberties have to be sacrificed for the common good sometimes, you know. Haven't you hearnd?

You sound like a American Patriot. Sorry but no. I don't mind if a drug lord has 1 million bitcoin and is sitting on it. The authorities oughta go do their job without undermining civil liberties.