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Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin
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-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
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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