1. Buy virgin blocks of bitcoin from a miner and transfer all of them to a green address
2. Create casascius style physical bitcoins. They just need to be very hard to counterfeit.
3. Develop customized hardware/software that separates your green bitcoin from "tainted" bitcoin
4. Declare the value of your green bitcoin much higher than the bitcoin market.
Could I ask for a little more explanation?
Why would they need green addresses?
Would they accept only BTC coming from the green address to circulate? What happens when someone brings in BTC from somewhere else?
Why should they artificially increase the value of bitcoin from their green address?
Would that be an "isolated" blockchain? Could they drop the existing blockchain altogether and fork a new one, starting with a genesis block containing only the original bitcoins in the green address?
How would that be different from starting another alternative cryptocurrency?
I am really intrigued by these thoughts, and I've seen you mention them in another thread too. Have you written more about it anywhere else?
Thanks in advance.