Post
Topic
Board Bitcoin Discussion
Re: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now
by
westkybitcoins
on 15/11/2013, 18:06:37 UTC
What other measure would you guys suggest to meet existing legal requirements? Trying to convince lawmakers that bitcoin should be anonymously traded is an absolute non-starter. If that is the foundation's opinion then bitcoin may be declared illegal and the tracking of coins will move to law enforcement. So, what are our other options?

So let it be declared illegal in the U.S.

Then all of you who are so concerned can just stop using it and go on about your lives without facing any further risks.

Instead, you'd rather see a key aspect of Bitcoin eliminated, the anonymity, and in a way that's obviously destined for abuse no less.

That says enough right there.

This is not a matter for debate anymore. It doesn't matter what you or I or any agency wants to happen. There WILL be an anonymous cryptocurrency. We WILL take steps to ensure that Bitcoin is that currency. And if Bitcoin is morphed into one that's just another tool for tracking, then another will be built and we'll leave yours alone from that day forward. Will you then try to justify changing that new one too, because you like it and want to use it and make money with it but have to deal with regulators to do so? Is your goal simply to see U.S. financial tracking expanded, period? Because right now, that's all that's being pushed.