Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now
by
Quetzalcoatl_
on 15/11/2013, 04:49:38 UTC
Everyone in the jurisdiction where they're redlisted. Which almost certainly will not be everyone in the world. So all the owner of the hot potato has to do is trade their coins for clean ones in a country which doesn't support the redlist.

If you even have to do this in some jurisdictions, then Bitcoin has lost its fungibility, which is harmful to the value of all bitcoins in all countries.