From: David Vorick <david.vorick@gmail•com>
To: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>,
Tom Harding <tomh@thinlink•com>
Subject: Re: [bitcoin-dev] Three hardfork-related BIPs
Date: Sun, 29 Jan 2017 14:39:46 -0500 [thread overview]
Message-ID: <CAFVRnypBTCty8xgmqiGpp9cFb1pDahEhsgYSxbQzMzsDsfTnrw@mail.gmail.com> (raw)
In-Reply-To: <583ef2d2-8315-da9f-7815-768cb4ccb515@thinlink.com>
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On Jan 29, 2017 2:28 PM, "Tom Harding via bitcoin-dev" <
bitcoin-dev@lists•linuxfoundation.org> wrote:
If that's true, why haven't we already seen AML/KYC required of mining
pools? That would be comparatively trivial.
Some regulators are already looking into it. Even at this point you'd
either need multinational cooperation or you'd need China to decide that
51% attacking a budding technology is a good thing to do, something that
would be sure to increase tensions across the world.
But there are two bigger reasons. The first is that regulators are used to
doing regulation at exchange points, regulating mining is new and
unfamiliar and requires a decent understanding of blockchains. And the
second is that Bitcoin is tiny potatoes at this point. To the best of my
knowledge, organized crime outside of DNMs doesn't use Bitcoin. There's
minimal reason to target it while it's so small.
Regulated mining I believe is going to be a genuine risk as Bitcoin grows.
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next prev parent reply other threads:[~2017-01-29 19:39 UTC|newest]
Thread overview: 23+ messages / expand[flat|nested] mbox.gz Atom feed top
2017-01-27 1:06 Luke Dashjr
[not found] ` <CAAy62_L-mLhokVy4_WeLBVnxM0Y76dtFBaaDrRvQozxw=J1Ctw@mail.gmail.com>
[not found] ` <CAAy62_+1OjF3V5g4wpOyW0KtNGodddJu_cxOfG-f+8LB7D=rPA@mail.gmail.com>
2017-01-27 3:04 ` Andrew Johnson
2017-01-27 4:14 ` Luke Dashjr
[not found] ` <CAAy62_LHtrx7k73kznMpPvheA--0T9YiHkjHArf2KK0Qt+ViUg@mail.gmail.com>
2017-01-27 6:13 ` Andrew Johnson
[not found] ` <CAMZUoKnxqxvPQehdWo1ZaHB-1-od4cHvJRDTmF5x7ty1CdLbUQ@mail.gmail.com>
[not found] ` <CAMZUoK=eb3jgA7Rwt38tvZt0tYk7gRVPc_2=HUWg1L_vaD93uw@mail.gmail.com>
2017-01-27 20:34 ` Russell O'Connor
2017-01-27 20:47 ` Greg Sanders
2017-01-27 21:28 ` Christian Decker
2017-01-27 23:53 ` Andrew Johnson
2017-01-28 4:03 ` Luke Dashjr
2017-01-28 10:36 ` Natanael
2017-01-28 18:29 ` Peter Todd
2017-01-29 19:15 ` Tom Harding
2017-01-29 19:37 ` Eric Voskuil
2017-02-11 15:26 ` Staf Verhaegen
2017-01-29 19:39 ` David Vorick [this message]
2017-01-28 19:43 ` Luke Dashjr
2017-01-28 21:54 ` Peter Todd
2017-02-06 16:24 ` mbtc-dev
2017-02-07 20:32 ` Eric Voskuil
2017-01-28 18:22 ` Peter Todd
2017-01-27 4:21 ` Johnson Lau
2017-01-27 18:54 ` t. khan
2017-01-27 12:12 Daniele Pinna
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