reddit discussionHearn posted the following message to the legal section of the members-only foundation forum:
https://bitcoinfoundation.org/forum/index.php?/topic/505-coin-tracking/ If you're not a member, you don't have access. I obtained this with the help of a foundation member who asked to remain private.
He's promoted blacklists before, but Hearn is now a Bitcoin Foundation insider and as Chair of the Foundations Law & Policy committee he is pushing the Foundation to adopt policies approving the idea of blacklisting coins. I also find it darkly amusing that he's now decided to call the idea "redlists", perhaps he has learned a thing or two about PR in the past few months.
All Bitcoin investors need to make it loud and clear that attacking the decentralization and fungibility of our coins is unacceptable. We need to demand that Hearn disclose any and all involvement with the Coin Validation startup. We need to demand that the Foundation make a clear statement that they do not and will not support blacklists. We need to demand that the Foundation support and will continue to support technologies such as
CoinJoin and
CoinSwap to ensure all Bitcoin owners can transact without revealing private financial information.
Anything less is unacceptable. Remember that the value of your Bitcoins depends on you being able to spend them.
Blacklisting IS unacceptable. Totally.
What will Hearn do when such actions either (1) cause the implementation of routines that effectively make ALL bitcoins totally anonymous, or (2) result in a hard fork of the system?