> 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.