Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now
by
Luckybit
on 15/11/2013, 03:36:34 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.

I don't think it's a good idea to start making lists unless you don't mind being on someones list. I think it can easily spin out of control where hackers have lists, law enforcement have lists, and everyone is caught in the middle of being scrutinized by both hackers and law enforcement.

If you want to be on a list it should be voluntary. The list idea needs to be more well thought out, that is all.


https://bitcointalk.org/index.php?topic=157130.0

The idea Mike Hearn presents here has some merit but once again how to implement it in a way which is voluntary, preserves privacy, and does not give control to any centralized government or group?

If each community had its own lists there would still be problems though. Some communities will do business with you while others wont. Also making a list of coins isn't smart. Why not just have verified users, trusted users, trusted accounts or trusted identities? Why do we need to track coins when the bad actors are the ones the community is concerned about?