Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
http://www.coindesk.com/fbi-concerned-about-criminal-use-of-private-cryptocurrency-monero/
and so it begins...
oh boy
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The privacy-focused digital currency monero has captured the attention of the Federal Bureau of Investigation (FBI), which has expressed concerns over its use among criminals.
and so it begins...
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Following the event, the special agent said he couldn't provide additional details specifically pertaining to the FBIs investigative techniques surrounding monero when asked by CoinDesk.
oh boy
Coinfirm should be able to track IP to masternode address to how many rewards each masternode gets to where it is spent. At that point, any law that comes into play can force a warrant to get the user of an IP address and file criminal charges....tax evasion, mixing(laundering), money transmitter, not declaring crypto holdings over xxxx amount. The law may not exist now, but the blockchain is forever so expect retroactive enforcement. Ironically, it would be a piece of cake for the Fed to go after Dash "criminals". What about mixing? Feds can just declare mixed coins laundered too.
There is a solution. It is called IP blinding.
"tax evasion, mixing(laundering), money transmitter, not declaring crypto holdings over xxxx amount."
these problems are not unique to DASH, all crypto are susceptible, at least for the 3 year irs statute of limitation (so no, not forever). masternodes don't come into possession of coins so mark mixing and money transmitter off the list too.
tok answered the other questions eloquently, as always.