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Author Topic: Is bitcoin's anonymity really a problem for the governments and regulations?  (Read 2056 times)
QQ88
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December 30, 2015, 06:35:00 AM
 #41

Because governments want to stalk us...  Roll Eyes
jmintuck02
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December 30, 2015, 06:35:46 AM
 #42

I may sound like a total noob or dumbass, but, isn't cash held in your hand anonymous?

Cash would be generally anonymous if you had a bundle of 10's of something, i.e. USD Fiat

and not even reporting where that came from and you spent it on the local drug dealer or

c-store. Who's to know who the hell you are when using cash instead of debit/credit?

owm123 (OP)
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December 30, 2015, 09:36:54 AM
 #43

I may sound like a total noob or dumbass, but, isn't cash held in your hand anonymous?

Cash would be generally anonymous if you had a bundle of 10's of something, i.e. USD Fiat

and not even reporting where that came from and you spent it on the local drug dealer or

c-store. Who's to know who the hell you are when using cash instead of debit/credit?

Supply of cash is control by governments and banks. They dont control bitcoin though. Thus its seems that "anonymity" is only excuse for them to squash something out of their control. 

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
thelibertycap
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December 30, 2015, 06:04:46 PM
 #44

in europe they want to ban cash altogether and we have the first examples: https://www.rt.com/business/173564-norway-cash-free-country/
france banned transactions over 1000 euro already.
the vision apparently is that every transaction will go through the banking system and thus be monitored - every account is verified by an ID. Higher transaction amounts are watched closely and questions will be asked if there is any sort of suspicion due to any reason.
Yakamoto
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December 30, 2015, 06:17:44 PM
 #45

I may sound like a total noob or dumbass, but, isn't cash held in your hand anonymous?

Cash would be generally anonymous if you had a bundle of 10's of something, i.e. USD Fiat

and not even reporting where that came from and you spent it on the local drug dealer or

c-store. Who's to know who the hell you are when using cash instead of debit/credit?

Supply of cash is control by governments and banks. They dont control bitcoin though. Thus its seems that "anonymity" is only excuse for them to squash something out of their control. 
When there is literally no other reason for them to be against it, they will go for absolutely anything they can. Since Bitcoin is overall "good" in its other aspects, they can only target the anonymity offered by it.

There is no other "bad" aspect to Bitcoin, at least aspects that affect the government.
LinaMay
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December 30, 2015, 11:27:20 PM
 #46

Of course it is. They can't regulate anything or see money laundering.
coins101
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December 30, 2015, 11:54:57 PM
 #47

Its not BTC anonymity that is the issue for governments - its encryption without back-doors.
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