From: Peter Todd <pete@petertodd•org>
To: James MacWhyte <macwhyte@gmail•com>
Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Even more proposed BIP extensions to BIP 0070
Date: Tue, 21 Jun 2016 19:02:33 -0400 [thread overview]
Message-ID: <20160621230233.GA10705@fedora-21-dvm> (raw)
In-Reply-To: <CAH+Axy59VfuiY7jp7CVrg0umt_AZydvYV8TP_RPUtEyGME9aCw@mail.gmail.com>
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On Tue, Jun 21, 2016 at 10:50:36PM +0000, James MacWhyte wrote:
> > Note that "client supplied identification" is being pushed for AML/KYC
> > compliance, e.g. Netki's AML/KYC compliance product:
> >
> >
> > http://www.coindesk.com/blockchain-identity-company-netki-launch-ssl-certificate-blockchain/
> >
> > This is an extremely undesirable feature to be baking into standards given
> > it's
> > negative impact on fungibility and privacy; we should not be adopting
> > standards
> > with AML/KYC support, for much the same reasons that the W3C should not be
> > standardizing DRM.
> >
> >
> KYC isn't the only use case. There are other situations in which you would
> want to confirm who is sending you money. Making it *required* would of
> course be a horrible idea, but allowing people to identify themselves, in
> many cases with an online-only identity that isn't tied to their real world
> identity, will be very useful to newly-developing use cases.
It's easy to confirm who is sending you money: give out different addresses to
different people, and keep those addresses private.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2016-06-21 23:02 UTC|newest]
Thread overview: 39+ messages / expand[flat|nested] mbox.gz Atom feed top
2016-06-20 17:33 Erik Aronesty
2016-06-21 9:43 ` Andreas Schildbach
2016-06-21 17:09 ` Erik Aronesty
2016-06-21 19:50 ` Andy Schroder
2016-06-21 20:44 ` Luke Dashjr
2016-06-21 21:42 ` Erik Aronesty
2016-06-22 0:36 ` Luke Dashjr
2016-06-21 22:10 ` Peter Todd
2016-06-21 22:19 ` Peter Todd
2016-06-21 20:56 ` James MacWhyte
2016-06-21 21:17 ` Matt David
2016-06-21 22:13 ` Peter Todd
2016-06-21 22:50 ` James MacWhyte
2016-06-21 23:02 ` Peter Todd [this message]
2016-06-22 0:14 ` Justin Newton
2016-06-23 10:56 ` Peter Todd
2016-06-23 11:30 ` Pieter Wuille
2016-06-23 11:39 ` Peter Todd
2016-06-23 12:01 ` Pieter Wuille
2016-06-23 12:10 ` Peter Todd
2016-06-23 12:16 ` Pieter Wuille
2016-06-23 12:43 ` Peter Todd
2016-06-23 13:03 ` Erik Aronesty
2016-06-23 16:58 ` Aaron Voisine
2016-06-23 20:46 ` s7r
2016-06-23 21:07 ` Justin Newton
2016-06-23 21:31 ` Police Terror
2016-06-23 22:44 ` Justin Newton
2016-06-24 2:26 ` Erik Aronesty
2016-06-24 5:27 ` James MacWhyte
2016-06-22 7:57 ` Thomas Voegtlin
2016-06-22 14:25 ` Erik Aronesty
2016-06-22 15:12 ` Andy Schroder
2016-06-22 15:30 ` Erik Aronesty
2016-06-22 16:20 ` Andy Schroder
2016-06-22 17:07 ` Erik Aronesty
2016-06-22 20:11 ` James MacWhyte
2016-06-22 20:37 ` Erik Aronesty
2016-06-23 11:50 ` Andreas Schildbach
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