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authorJames MacWhyte <macwhyte@gmail.com>2016-06-21 22:50:36 +0000
committerbitcoindev <bitcoindev@gnusha.org>2016-06-21 22:50:47 +0000
commit09fde6e94b7e0d0bbae4d60ce66daa95ba773492 (patch)
tree54a49dc5a1b7b7c65ecc325530a66e2bff3fce07 /40
parenta5ecd3f027b0fedb80b8b24151a97f8fb135b23a (diff)
downloadpi-bitcoindev-09fde6e94b7e0d0bbae4d60ce66daa95ba773492.tar.gz
pi-bitcoindev-09fde6e94b7e0d0bbae4d60ce66daa95ba773492.zip
Re: [bitcoin-dev] Even more proposed BIP extensions to BIP 0070
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+From: James MacWhyte <macwhyte@gmail.com>
+Date: Tue, 21 Jun 2016 22:50:36 +0000
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+To: Peter Todd <pete@petertodd.org>,
+ Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>,
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+Subject: Re: [bitcoin-dev] Even more proposed BIP extensions to BIP 0070
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+--001a114fca4ac5cdb60535d1a611
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+
+> 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.
+
+--001a114fca4ac5cdb60535d1a611
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><br><div class=3D"gmail_quote"><blockquote class=3D"gmail_=
+quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1=
+ex">Note that &quot;client supplied identification&quot; is being pushed fo=
+r AML/KYC<br>
+compliance, e.g. Netki&#39;s AML/KYC compliance product:<br>
+<br>
+<a href=3D"http://www.coindesk.com/blockchain-identity-company-netki-launch=
+-ssl-certificate-blockchain/" rel=3D"noreferrer" target=3D"_blank">http://w=
+ww.coindesk.com/blockchain-identity-company-netki-launch-ssl-certificate-bl=
+ockchain/</a><br>
+<br>
+This is an extremely undesirable feature to be baking into standards given =
+it&#39;s<br>
+negative impact on fungibility and privacy; we should not be adopting stand=
+ards<br>
+with AML/KYC support, for much the same reasons that the W3C should not be<=
+br>
+standardizing DRM.<br><br></blockquote><div><br>KYC isn&#39;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-o=
+nly identity that isn&#39;t tied to their real world identity, will be very=
+ useful to newly-developing use cases.</div></div></div>
+
+--001a114fca4ac5cdb60535d1a611--
+