this is a bad idea.... very bad idea.
I stand by the boycott and would like to know the specific services i should be boycotting
this must be stopped.
Alex Waters -> Bitinstant
Matt Mellon -> don't know
Yifu Guo -> Avalon
Please feel free to contribute additional information from public sources!ya.ya.yo!
FYI - Alex Waters hasn't had any involvement with BitInstant for months.
As I've
said before, this is a terrible idea. Anything that hinders the core properties of bitcoin as an ideal money, of which fungibility is one, does long-term harm to bitcoin, whatever the motivation. If bitcoin ceases to be a (near)ideal money, this whole thing becomes a lot less interesting.
That said, this is going to happen, whether it's through this company or the next one. If it's at all possible technically, it *will* happen. The bitcoin community needs to be aware of that, and develop technical solutions. Boycotting people or companies won't work. It sounds like CoinJoin is a potential fungibility-preservation tool, and I'd guess that efforts like the above are going to incentivize people to put in some serious work on a Zerocoin-implementing alt sooner rather than later.
yes if its not them it will be someone else, sure, but because its coming from bitcoiners, the community at large might just accept it...
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