Re: Are You in Favor to Register Your BTC Address to Trace Transaction and Tax???
This has become the talk of the people involved in digital currency lately. So, What do you think?
It is not lately it started 4 years ago right after the March-April boom.
And there where a few who come with a project of white addresses that would also carry the identifier of the owner.
Since you don't see that project up and running you can think for yourself how the community has and would receive an idea like that.
I don' think this is necessary and people are enjoying bitcoin because you enjoy the privilage of doing transactions anonymously. And if we're gonna be registering our addresses bitcoin will no longer be decentralized because the government will gain the upper hand to control the users.
Bitcoin will continue to be decentralized. Knowing the users behind the addresses does not limit decentralization.
Besides, the governments would easily track more than half of the coins.
A lot of us purchased coins on exchanges and verified themselves, a lot host (big mistake) their coins on web wallets, a few are paying their bills with so they can also be tracked. But this would just end anonymity, it doesn't mean the government will run the block chain.