Quote from: Hyena on December 01, 2015, 11:35:04 PM

Quote from: SebastianJu on December 01, 2015, 11:19:06 PM

Quote from: spazzdla on November 16, 2015, 06:48:42 PM

Bitcoin could EASILY be re-designed so 1 ruling party has 100% control over it..

IMO this will be the method used to gain complete control of the worlds finances..

No RFD chips.. just crypto... only cryptos that are gov controlled will be legal.

And you would use such a bitcoin then? If not then you would simply stay with the old blockchain. I wonder how you plan on moving everyone to use the corrupt blockchain.

Every person gets assigned their personal set of bitcoin addresses. Same goes to businesses. Those addresses are all monitored by the big brother. If you receive bitcoins from an address that is not whitelisted then you are obliged to give those coins away to your government because that money could be dirty. Sending coins to an address that is not whitelisted would be illegal. Using other than whitelisted addresses would also be illegal.

After that there will be different price for whitelisted coins than for all the other coins in circulation. Exchanges are only allowed to operate with whitelisted coins. Coins that are not whitelisted will be forced to black markets only. LEs will be motivated to hunt down black markets because the coins they confiscate will be whitelisted after the auction.

Even when government would want to give fixed addresses, they can't force you to use it. They would not even know if you use bitcoin and send and receive them. Since they don't know the addresses are yours.

So sure, you can let them give you the addresses but i doubt bitcoins would think of their blockchain as the real bitcoin.