Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now
by
Ipsum
on 15/11/2013, 03:24:12 UTC
Stay focused, please.

Discuss how redlisting coins will help fight crime, and especially CyptoLock copycats.


Redlisting does not help fight crime. Criminals already have databases and probably have lists which they are exploiting as we speak. If they have lists we should be discussing how to make their lists less effective by improving the privacy functionality so that they cannot track our money.

We should also be discussing what we can do to protect users from being targeted in general. There are a lot of potential attacks and coin taint lists are just one.

You've either not read or not understood what Mike wrote.

Redlisting does not involve blacklisting or whitelisting coins. Think of it as attaching a breadcrumb trail to coins that someone suspects are illicitly gained. It doesn't stop anyone from accepting them or spending them. It does, however, provide kind of an informational bread crumb trail for law enforcement to later track if it's necessary.