But you're missing the details.

How is the anonymity handled? Is it permanently obscured such that there's no proof of payment to either parties involved ever, does it allow the transaction to be viewed by a third party/anyone in the future in some way that can be demanded in a court of law?

If a regulator were to want my financial information right now, they'd get the information from my bank. Key point here is that they need the bank's consent, which is given by law .. and as I'm not in outright revolt right now I'd have to say that mine is given as well

If a regulator were to want my financial information with bitcoin, they'd type in blockchain.info and cross reference any of my previous wallet addresses they have. Key difference here is that once anyone has my address, they immediately can find out any information about me, and that my address is something I share with everyone, not just my bank. Bitcoin might be anonymous enough right now in July 2014, but what happens when people actually start using it? It's an unknown - and I can paint an ugly picture here, or a pretty one. One case involves everyone you share your wallet address (in order to receive payment) with knowing all your finances - something I don't intend to do ever .. and one is where magically everyone doesn't look up everyone's wallet addresses on blockchain.info. Tell me which one's a more likely scenario?

If a regulator were to want my financial information with a cryptonote coin, that's still a grey area. I could paint a pretty picture where banks somehow manifest to keep your digital information secure, where they hold your wallet and viewkeys, and share it whenever needed .. or can tell you they could pass regulation demanding you share your view key on demand (which still must be given under some form of consent or theft) .. or whatever story you'd like to hear. The point here is that it's an unknown, which does not make it illegal at all. That unknown can be answered in the future, but nobody can tell you how it's going to play out. Being worried about people's attention should be the least of your worries, when you're taking the next step into a bright new frontier.

If a regulator were to want my financial information with a coinjoin coin, I can immediately tell that it could cost them a lot of needless dollars (if they were so inclined to invest them) because the only implementation that's similar and I'm a little familiar with involves masternodes. To have proof-of-payment from those would take a lot of resources (but can be done) .. which will only serve to raise your taxes when more computers are put into place to track your every move anyways. But again, they could just demand you present your financial ledgers in a court of law.

I'm not seeing how fearing if it's going to be banned should stunt your attempt to get it banned in the first place. What is there to ban here? Clearly the tendency has been to regulate and not ban, so if anything it would seem like that would be the route taken.

ROTFL

Bitcoin hard fork. ROTFL

Boolberry is such a bad name marketingwise Monero is much better.

What advantage does 'mining' messages have over pgp? I don't want to be running three GPU's to send a private email.

And Darksend+ has a pretty limited 'alphabet,' that's kind of the whole reason it works - every transaction/transaction group looks exactly the same to any observing third party.

You could have an easier to use wallet feature (it's pretty much already there) - send secure msg for a tiny fee to nodes/miners, but it wouldn't need any merged mining, just encryption - send it like any other transaction and nobody will be able to trace it.

It's a very under-utilised feature of the existing codebase, don't see why it couldn't be extended to send more than just text...

160BTC is not 'no volume'

Law is about balance, especially when it comes to situations that are not as clear cut as your average contract.

This EULA sounds like it was written by your standard lawyer who will cover his clients every possible outcome without regard to any possible fallout due to the EULA being too biased.

A smarter lawyer would discuss with their client about potential clauses that can cover them but that could backfire due to being not in the clients customers interest at all.

Not all lawyers see things in such a dull manner and understand that some terms are going to be politically sensitive and need review.

This clause should have been left out, with regard to how many scams the Bitcoin community has undergone. I personally have lost hundreds of Bitcoin to scams. If the Ethereum team fail to launch a working system we need the ability to face them in court. This forces them to work for the money we are sending them.

This lawyer did not understand the complex matter of the current Bitcoin investment climate.

Implications for DRK?
     

NY State Virtual Currency Regulations.

I get paid fiat to give a view on stuff like this, and this is my view on stuff like this for free.

p.26

Requiring data, including identifiable data, to be made available to the general public, e.g. on a block chain, is not to be constrained by regulations.

Data about transactions is required. The parties involved in a transaction using the services of regulated businesses or those deemed to require regulations, i.e. they are acting illegally if they do not register, are required to obtain details about transactions. But those details need not be made public.

Dat right there is privacy that encompasses Darkcoin. No identifiable information on the block chain, yet parties to transactions are still required to identify themselves if going through businesses.


Some T&Cs businesses have to tell customers:

p.35

If you execute a transaction, you may not see the money again. Transactions can be irreversible.  I.e. if you use eCash, you can't get your money back, caveat emptor.

DRK is not going to be bound by regulations. Those businesses that use DRK just have to comply with kYC, know your customer, rules. Just as they do today.


http://www.dfs.ny.gov/about/press2014/pr1407171-vc.pdf

To da moon

Do you know the feeling of victory? It looks you're a master of bad decisions, because you're supporting this crowd.