Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

From: odinn <odinn.cyberguerrilla@riseup•net>
To: prabhat <prabhatkr@gmail•com>,  Gavin Andresen <gavinandresen@gmail•com>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin
Date: Thu, 27 Aug 2015 19:09:02 -0700	[thread overview]
Message-ID: <55DFC2BE.6050906@riseup.net> (raw)
In-Reply-To: <CALoZ_LF_2pbczmHm5ZGc4=ffDqTmcoAYZzkFTUUV9a05q6wTfQ@mail.gmail.com>

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Well,

On 08/27/2015 06:39 AM, prabhat via bitcoin-dev wrote:
> Fine point.
> 
> So where is the solution? What to do?

You could study bitcoin some more and understand what it is instead of
proposing to "implement AML-KYC in bitcoin" which shows vast ignorance
about it.

That's probably what you should do.

> 
> Prabhat Kumar Singh
> 
> Prabhat Kumar Singh
> 
> 
> On Thu, Aug 27, 2015 at 6:58 PM, Gavin Andresen
> <gavinandresen@gmail•com <mailto:gavinandresen@gmail•com>> wrote:
> 
> Have you talked with anybody at the Bitcoin Foundation about this 
> proposal?
> 
> As Chief Scientist of the Foundation, I am strongly opposed to any 
> proposal that puts the Foundation in a position of centralized 
> authority, so this is unacceptable: "The Bitcoin Foundation will
> act as fair play party and enforcement body to control the misuse
> of vast financial powers which bitcoin has."
> 
> The idea that a central organization can be trusted to keep
> secrets secure is just fundamentally wrong. In the very recent past
> we have seen government organizations fail in that task (the NSA,
> the OPM) and we see commercial organizations that SHOULD be highly
> motivated to do a good job also fail (e.g. the Ashley Madison
> leak).
> 
> Even if it were technically possible, I would be opposed because 
> decentralization is a bedrock principle of Bitcoin.
> 
> -- -- Gavin Andresen
> 
> 
> 
> 
> _______________________________________________ bitcoin-dev mailing
> list bitcoin-dev@lists•linuxfoundation.org 
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
> 

- -- 
http://abis.io ~
"a protocol concept to enable decentralization
and expansion of a giving economy, and a new social good"
https://keybase.io/odinn
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