How much coin anonimity you want?

[Wary]

We need full anonimity

Jeff Garzik doesn't think so, so you won't get it. His opinion is that let them spy on you is good price for letting you spy on them, and that bitcoin is a good tool for it.

Money doesn't work like that. It's a utopian dream, and totally impractical, to expect the market to choose inferior "everyone-knows-who-I-am-and-what-I-do-with-my-money" monetary product ahead of a fully private product.

If you purport to be in favour of such a crap type of non-private money, I find the following question to weed out the pretenders ... "Would you like to please post publicly how much you earn?"

My purport is to be in favor of privacy. And I am deeply disappointed by the fact that a core bitcoin developer is not on favor of it and the whole bitcoin development team is currently working on bitcoin feature that would make destroying it's privacy easier.

[elor70]

Tax Coin

[adamas]

What is thug-coin? Some new crap?

[EmperorBob]

Wary, please stop putting words in the mouth of the developers.

Jeff Garzik mentionned, in the context of discussing an altcoin that used forced zerocoin laundering (to make taint entirely impossible), that the pseudonimity of the current bitcoin protocol cuts both ways. It allows those who want to be anonymous to hide their tracks (with some difficulty, although that's an artifact of the current ecosystem, it should get easier over time).
It also allows those who want to be fully transparent (charities for example) to disclose the addresses they own, and allows anyone to verify that the money is transferred and spent properly.
He was pointing out that the alleged solution threw out some benefits of the current approach. You translate that as "I don't like anonymity". That's not even remotely accurate.

Various members dev team have already spoken about approaches to increase anonymity, and the consensus seems to be that there aren't any techniques that can be applied right now and that are better than what we have (zerocoin being just too expensive in cpu/space terms). Many of them think laundry services will be sufficient for the foreseeable future.

Anonymity isn't under attack here, it's just that making improvements beyond what we already have is hard.
Let's not accuse people of subverting Bitcoin unless we have some evidence plz.

[Wary]

Wary, please stop putting words in the mouth of the developers.

https://bitcointalk.org/index.php?topic=262564.msg2810869#msg2810869
Check the timing plz.

It also allows those who want to be fully transparent (charities for example) to disclose the addresses they own, and allows anyone to verify that the money is transferred and spent properly.

I know how it happens. You want to type "charity", but your fingers type "major corporations"  A corporation that wishes for its finances to be auditable by the world at large. Why would a corporation wish to be audited "by the world at large"? It can only be forced to it. And if major corporations could be forced to it, everyone could. And it's a pity if bitcoin technology will help with it.

In the arms race between people and regulators Satoshi was talking about, bitcoin is a double-edged sword. It can lay path both to complete anonimity and to complete absense of it. That's why I was so disturbed to hear that a core bitcoin developer calls "wonderful" the "totalitarian" edge of this sword. If it's not what he meant, pass him personally my apologies.

Anonymity isn't under attack here, it's just that making improvements beyond what we already have is hard.

Thanks for the explanation. I wish I could read it in the first place instead of "isn't it worderful".

[zy02264]

I would say completely anonymity is far from realistic. I don't think we are ready for that. Completely anonymity increases the chance of ugly things e.g. Ponzi and also decreases the chance of the winning of Bitcoin. We need a balance between anonymity and regulation.

[marcus_of_augustus]

I would say completely anonymity is far from realistic. I don't think we are ready for that. Completely anonymity increases the chance of ugly things e.g. Ponzi and also decreases the chance of the winning of Bitcoin. We need a balance between anonymity and regulation.

You're delusional. Anonymous cash has been the preferred form of money for over 2 millenia. It is only the advent of state digital fiat in the last 25 years that has opened the possibility for central planners/economists/LE to seize upon digital traceable currency as a silver bullet for every problem in the world. Predictably, it is unravelling into an unworkable mess.