I questioned the "Bitcoin dev team" (Andresen & Co.) on complying with AML laws.

[BC12345]

Very few people can read code completely after release.

If only there was some tool that would highlight changes and provide annotation and discussion...

Andresen will always use Github. The releases on sourceforge will always reflect the code.

?

The good thing with git is that you don't have to read the complete code. You can just look at the changes in the code.

Try this (linux):
- open the terminal
- copy this lines:

git clone https://github.com/bitcoin/bitcoin.git

cd bitcoin

gitk &

(If this does not work maybe you need to install "git" and "gitk" first)

[Atlas]

Very few people can read code completely after release.

If only there was some tool that would highlight changes and provide annotation and discussion...

Andresen will always use Github. The releases on sourceforge will always reflect the code.

?

The good thing with git is that you don't have to read the complete code. You can just look at the changes in the code.

Try this (linux):
- open the terminal
- copy this lines:

git clone https://github.com/bitcoin/bitcoin.git

cd bitcoin

gitk &

(If this does not work maybe you need to install "git" and "gitk" first)

My former statement was sarcasm. People are fallible. People can be bought.

[BC12345]

Ok, now I get it...  

[mobodick]

Hidden fees, tracking capabilities, confiscation capabilities, inflation capabilities, backdoors, etc.

I like people trolling, but can you please switch on your brain before trolling.
It becomes so boring otherwise....

+1

[mobodick]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Sure, but they don't run on pure math.
You've just got it the wrong way up.
You can use math to describe physics, but that doesn't make math into physics or chemistry.

[mobodick]

It doesn't matter. Any AML crap that goes into the Satoshi client will get stripped out in other forks.

It's even easier than that! Simply refuse to update your client with rules you disagree with.

That won't matter if the rules aren't disclosed and the vast majority of all Bitcoin users accept the update. Your coins would then be subject to their jurisdiction.

Yes, of course. No one in the world except the current dev team can read code. I forgot.

Very few people can read code completely after release.

Man, are you thick.
 

[Atlas]

It doesn't matter. Any AML crap that goes into the Satoshi client will get stripped out in other forks.

It's even easier than that! Simply refuse to update your client with rules you disagree with.

That won't matter if the rules aren't disclosed and the vast majority of all Bitcoin users accept the update. Your coins would then be subject to their jurisdiction.

Yes, of course. No one in the world except the current dev team can read code. I forgot.

Very few people can read code completely after release.

Man, are you thick.
 

Okay, I submit. I trust everyone. The devs will never lie. The devs will be perfect. (!)

[kjj]

Okay, I submit. I trust everyone. The devs will never lie. The devs will be perfect. (!)

We are trying to tell you that it doesn't matter if they lie or not, if they are perfect or not.  The system was set up in a way that it doesn't matter, no one has to trust anyone.

To do what you are thinking would require a magic wand, not a government.  And even if one day all of the devs and pool operators woke up as their own evil twins, someone else would just fork the project and the chain at some point prior to the switch, and your life would go on as before.

[Brunic]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

[Atlas]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

Who says you have to control everybody? All you need is a good enough majority under control and the face of the currency is yours.

[Brunic]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

Who says you have to control everybody? All you need is a good enough majority under control and the face of the currency is yours.

Well, if that's your goal, good luck. You really think the USA control the majority of the world? You really think US government is big enough to try and control the majority of Bitcoin users? I knew americans were full of themselves, but not that much.

Breaking news, 90% of the world doesn't really give a crap what US government think and want to do. And that 90% will use Bitcoin anyway.

[Atlas]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

Who says you have to control everybody? All you need is a good enough majority under control and the face of the currency is yours.

Well, if that's your goal, good luck. You really think the USA control the majority of the world? You really think US government is big enough to try and control the majority of Bitcoin users? I knew americans were full of themselves, but not that much.

Breaking news, 90% of the world doesn't really give a crap what US government think and want to do. And that 90% will use Bitcoin anyway.

Of course power always slips away but people can break things. People can break Bitcoin regardless of power.

[Brunic]

Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.

Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

Who says you have to control everybody? All you need is a good enough majority under control and the face of the currency is yours.

Well, if that's your goal, good luck. You really think the USA control the majority of the world? You really think US government is big enough to try and control the majority of Bitcoin users? I knew americans were full of themselves, but not that much.

Breaking news, 90% of the world doesn't really give a crap what US government think and want to do. And that 90% will use Bitcoin anyway.

Of course power always slips away but people can break things. People can break Bitcoin regardless of power.

Yeah, but people will have decided so, not some obscure politician at the far east-wing of Romney.

[FreeMoney]

Of course power always slips away but people can break things. People can break Bitcoin regardless of power.

Then Bitcoin is just shit and there is nothing you can do, oh well.

[ArticMine]

I very much doubt the US government would this go this route because it simply would not work. What they can do, which in fact can even be argued is the case under current laws, is treat Bitcoin as a foreign asset and require every US person holding more than 10000 USD worth of Bitcoin in the blockchain to report their holdings to the IRS. This argument is based on the fact that the majority of the Bitcoin nodes and mining hashpower is out side of the United States.

[franky1]

i haven't read most of the replies, but staying on topic of the OP's post.

your leather wallet you have in your pocket. it has no laws governing how you spend your cash.. the same applies to bitcoin clients.

AML laws would only affect bitinstant and other FIAT to bitcoin businesses.. as they are the start and end points of the money train between the controlled fiat and the uncontrolled bitcoin. so you will see alot of laws being directed at the gates into and out of bitcoin.

[jasinlee]

Looks more like you were annoying the piss out of them about AML and they had enough. Did you happen to copy the half hour beforehand where you were probably bugging the hell out of them? If my kids continuously ask me the same question to which there is an answer to if they just look around or use their brains to think back 5 minutes or are too lazy to use a search function on google then they are liable to get smacked down too.

[Atlas]

Looks more like you were annoying the piss out of them about AML and they had enough.

No.

http://bitcoinstats.com/irc/bitcoin-dev/logs/2012/10/12#l4616462

[BlackHeartFund]

As has been already clearly explained, AML applies to financial services companies and has nothing to do with the bitoin dev team.

[Atlas]

As has been already clearly explained, AML applies to financial services companies and has nothing to do with the bitoin dev team.

Who is to say the devs aren't providing a financial service? Does not being incorporated exempt somebody from AML regulations when they provide financial services? The answer is likely no.