Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 04890CFD for ; Thu, 27 Aug 2015 19:42:52 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-oi0-f42.google.com (mail-oi0-f42.google.com [209.85.218.42]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 2394C14D for ; Thu, 27 Aug 2015 19:42:51 +0000 (UTC) Received: by oibi18 with SMTP id i18so12686812oib.3 for ; Thu, 27 Aug 2015 12:42:50 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:sender:in-reply-to:references:date:message-id:subject :from:to:content-type; bh=4jLDCfQKq9Zk4z+BTFSG/m+ue9EbMsEGdVEWUbVo/Iw=; b=kziXn3OqZ4dnM/UjnzOTvFh5nyxr1Cob9glon9ZAUXQaOtfnkcfzaltwuleobqwJvz WsbuJb8pN9yRUPThdNQy4fGT9q8FCowyWpZi0DagLFraLgF44RK1Ldqw0lknVZtZLpYT RaDZgCDLmA9XzXNekw1apruI/3oa6gXfTEEPyl6N5vtBN2mhxHm3CF79sDpozBUv1uDg 6I5NJ9yUoVAQnUP6VAPT/8i+s6nCyQsAGXBqXMfw9bHJJVoy+um9m3auFgX2mwHmze86 Pax3PdJn53dZ04ySXmAo+rxTUonmZTDAJlzjzhdtJU6AbHevm0iDFinMm7kQWD90fvfU GZVg== MIME-Version: 1.0 X-Received: by 10.202.3.10 with SMTP id 10mr3423346oid.127.1440704570359; Thu, 27 Aug 2015 12:42:50 -0700 (PDT) Sender: dscotese@gmail.com Received: by 10.202.172.145 with HTTP; Thu, 27 Aug 2015 12:42:50 -0700 (PDT) In-Reply-To: References: Date: Thu, 27 Aug 2015 12:42:50 -0700 X-Google-Sender-Auth: m3FRf08-eUOXFYMMuDp4mTAz03A Message-ID: From: Dave Scotese To: Bitcoin Dev Content-Type: multipart/alternative; boundary=001a113ba17a24846d051e502c59 X-Spam-Status: No, score=-1.2 required=5.0 tests=BAYES_05,DKIM_SIGNED, DKIM_VALID,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 27 Aug 2015 19:42:52 -0000 --001a113ba17a24846d051e502c59 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable Prabhat, You write about OFAC, KYC, and AML. The *Office of Foreign Assets Control* (*OFAC*) is a financial intelligence and enforcement agency of the U.S. government charged with planning and execution of economic and trade sanctions in support of U.S. natio= nal security and foreign policy objectives. KYC means "Know Your Customer" which is something every intelligent businessman does when his deals are significant. Support for "KYC" is built into reality and needs no qualification, compliance, or control. AML means "Anti-Money-Laundering" which smacks of overreach. Laundering money serves to hide behaviors that authorities dislike, many of which are actually helping the world. Neomoney says it best : "Indeed, money laundering describes a wide range of activities that are undertaken by innocent participants in the economy. Authorities=E2=80=99 growing expectation of a right to violate our= privacy to enforce their laws, and an expectation that we do nothing to protect ourselves from that violation of privacy, lie at the heart of money laundering propaganda." So your work comes across as that of someone who has been duped into doing the bidding of the largest and most successful criminal organization on Earth. I do not accuse you of being deceived because no one can be blamed for the damage done to them by such a powerful parasite. I wish only to open your eyes, or, at least what worked for me, your ears . --001a113ba17a24846d051e502c59 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
Prabhat,

You write about = OFAC, KYC, and AML.
The Office of Foreign Assets Control (OFAC= ) is a financial intelligence and enforcemen= t agency of the U.S. government charged with planning and execution of econ= omic and trade sanctions in support of U.S. national = security and foreign p= olicy objectives.
KYC means "Know Your Customer" whi= ch is something every intelligent businessman does when his deals are signi= ficant.=C2=A0 Support for "KYC" is built into reality and needs n= o qualification, compliance, or control.
AML means "Anti-Mone= y-Laundering" which smacks of overreach.=C2=A0 Laundering money serves= to hide behaviors that authorities dislike, many of which are actually hel= ping the world.=C2=A0 Neomoney say= s it best: "Indeed, money laundering describes a wide range of act= ivities that are=20 undertaken by innocent participants in the economy. Authorities=E2=80=99 gr= owing expectation of a right to violate our privacy to enforce their laws,=20 and an expectation that we do nothing to protect ourselves from that=20 violation of privacy, lie at the heart of money laundering propaganda."= ;

So your work comes across as that of someone who has been du= ped into doing the bidding of the largest and most successful criminal orga= nization on Earth.=C2=A0 I do not accuse you of being deceived because no o= ne can be blamed for the damage done to them by such a powerful parasite.= =C2=A0 I wish only to open your eyes, or, at least what worked for me, your ears.
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