From: Stephen Pair <stephen@bitpay•com>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Chain dust mitigation: Demurrage based Chain Vacuuming
Date: Mon, 3 Dec 2012 11:18:27 -0500 [thread overview]
Message-ID: <CADb9v0+WiNiZcnLN-BUOKK6wwSYaV-y0zrVvrPcXMJAd89o3PQ@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP1SfJ1oybLB7rUGERS7_MxQA4UtB1d0SOQ2mUi8-XwU=Q@mail.gmail.com>
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On Mon, Dec 3, 2012 at 10:30 AM, Mike Hearn <mike@plan99•net> wrote:
> Second thing, it's best to carefully separate "anonymity" from
> "privacy". Privacy is supposed to be a feature of the system (it says
> so in Satoshis paper) because people demand it. If I loan a tenner to
> my friend and he is able to find out what I earned last month, then
> that trade was neither anonymous nor private. In this case I want
> privacy but anonymity isn't useful. Mixing up anonymity with privacy
> is not only a public relations problem, but can lead to confusion from
> users when they, eg, try and buy Bitcoins from an exchange and are
> asked to provide ID proofs.
I would like to second this point...privacy is essential because the market
demands it. If Bitcoin doesn't do it well (and I would argue that it
doesn't today), then eventually a competitor to Bitcoin will do it better
and that would be the beginning of the end for Bitcoin. Debates about
whether it was or wasn't a core feature are pointless.
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next prev parent reply other threads:[~2012-12-03 16:19 UTC|newest]
Thread overview: 19+ messages / expand[flat|nested] mbox.gz Atom feed top
2012-12-03 11:19 Michael Gronager
2012-12-03 12:05 ` Pieter Wuille
2012-12-03 12:24 ` Michael Gronager
2012-12-03 12:33 ` Pieter Wuille
2012-12-03 15:02 ` Gregory Maxwell
2012-12-03 15:17 ` Alan Reiner
2012-12-03 15:30 ` Mike Hearn
2012-12-03 16:18 ` Stephen Pair [this message]
2012-12-03 16:29 ` Alan Reiner
2012-12-03 19:50 ` Andreas Petersson
2012-12-03 20:14 ` Gregory Maxwell
2012-12-03 15:51 ` Gregory Maxwell
2012-12-03 12:40 ` Wladimir
2012-12-03 13:04 ` Michael Gronager
2012-12-03 15:00 ` Mike Hearn
2012-12-03 15:07 ` Gregory Maxwell
2012-12-03 15:09 ` Mike Hearn
2012-12-03 17:02 ` Mark Friedenbach
2012-12-04 9:54 ` Andy Parkins
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