Will you allow the Government to look into your bitcoin wallets?

[GreenBits]

Of course because if the government has indeed taken this attitude about bitcoin, per this scenario, then what do you think the penalty for non compliance will be? We jail people in this country for not paying the government a forced percentage of income. Would you want to play with that same government?

TLDR if this happens, not letting them in is tax evasion. You should probably, ya know, let em in.

[JarBinks]

To add a little clarity, a wallet has 1 or many addresses associated with it.
Through your dealings with BTC you use, and maybe publish, different addresses.

For the world to be able to associate addresses with a wallet will depend on how many clues you leave behind.
If you are well known and use the same addresses over and over, you are leaving bread crumbs that allow people to trace you.

Lets say you have 2 bitcointalk accounts and you publish the same address in both, you have now given the world a hint that those 2 accounts are related.
Again let's say you sign up at coinbase and provide them a bunch of real world information and you generate addresses from there. Now your real world identity is associated with those addresses.

The amount of anonymity BTC, or most crypto currencies, provide depends as much on how you use it as it does the technology involved.
You are in control of how anonymous your BTC information is, if you want to stay very hidden you need to work at doing it.

[Avaz]

no, because that's my private wallet, as long as I'm not doing some shady transactions, well, nope

[plexasm]

First - if you know what you're doing, the govt cannot even have the ability to know that you're using Bitcoin

If they require you to provide an address, you can simply create a new address and store any amount of btc in there

I'm not afraid of govt regulating Bitcoin - they won't be successful. They can't even keep drugs out of prisons - you think they're going to be able to track virtual currency on a completely free/decentralized network? Hell to the NO

[wikenpp]

I've got nothing to hide so if the tax organization wants to look they can look. Simply they are in their right to do so. Paying taxes is a debt in this society which even we bitcoiners can't escape.
Yes it would be uncomfortable and wrong but if they got the law with them, resistance is futile. It will get you end up in jail or worse jail and penalties.

[Jeremycoin]

I will might be giving them my Bitcoin address, but not my Bitcoin wallet. This is just not the right thing to do, it supposed to be anonymous. And what's the point if the government looked at my wallet, what if I made a new wallet after that?

[outatime1]

I would not let them see it unless I had to. I don't think they would know what wallets we have bitcoins in unless they were on an exchange or we stared spending from a wallet and they could start to track it.

[BTcoint]

no way to let them look into my wallet unless they force me to do so,in my country many government officials report bitcoin or digitals currency in general as illusionary program and anyone use it declared officially unemployed person .
lack of technology and knowledge . 

[mindrust]

Fuck no.

A man needs some privacy. They already can look into our bank accounts. That's why some people withdraw their money and bury them after they converted 'em into gold. Most people use bitcoin because of that reason. Buying gold and burying them... too much trouble.

[betohell]

it was a stupid thing. bitcoin is anonymous if I let the government see it certainly would not have got it anonymous. I do not care about the government bans or legalization

[Hirose UK]

The best feature of Bitcoin is that's anonymous ; so i wouldn't give the government details about my wallet address, and i don't think that it will easy mission for governments to check wallet address of their citizens.

yeah. it should take long to check all of citizens' wallet.

I myself wouldn't give access to my wallet to anyone except 1 man.

[extrabyte]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.

How can they trace me if i will not exchange the bitcoin for fiat money through exchange or any other service that is/will be  controlled by government. Even though they can look on my bitcoin wallet they are free to search into it, I'm not afraid as long as i don't made anything illegal.

[aso118]

In the coming days when the government will legalize bitcoin and puts up regulatory rules and policies on the use of bitcoins it is a prerogative of the government to monitor the bitcoin transactions as well as your bitcoin wallet. For how many years bitcoin has been operating outside the hands of the government and many illegal operations especially in the black market is taking place without being traced. This coming events may be helpful to the stability of bitcoins in its operation and security.

Not if it is unnecessary. I prefer to maintain my privacy.
If not disclosing bitcoins becomes illegal, I would probably play safe and disclose them.

[afriezalie]

I don't have problem with that thing as long as they only monitor transaction hash, address of sender and receiver, and amount except they start to ask my reason behind my transaction. My name also not a problem because government have known about my name and my home address. I don't think government can get something from monitoring bitcoin address except my money. That thing can also reduce scamming problem on bitcoin.

[harizen]

I don't have problem with that thing as long as they only monitor transaction hash, address of sender and receiver, and amount except they start to ask my reason behind my transaction. My name also not a problem because government have known about my name and my home address. I don't think government can get something from monitoring bitcoin address except my money. That thing can also reduce scamming problem on bitcoin.

Exactly. We must understand that in some country, there is a law applied to all banks or any financial institution. We called it here Anti Money Laundering Act. If bitcoin was supposed to be anonymous, it's a must for a government to at least some info of your saved coins.

They will not disclose the amount, that's one thing for sure. All in all it's all about security purposes.

[Maesters1-]

I would not give the government direct access to my wallet's, not that they need it in the US.
IMHO, BTC is like cash if you really want to know where it came from you can figure it out, If you have enough time and money

But with BTC being pseudo Anonymous it is already possible to piece together some of the trail that tell who's address is who's.
Though there has to be a decent amount of activity in order for the pattern to emerge.
  An old interesting article about it https://www.technologyreview.com/s/518816/mapping-the-bitcoin-economy-could-reveal-users-identities/

I am sure someone will have some other ideas but if you want your BTC to stay anonymous you need multiple wallet's and a reliable mixing service.

but to me if they have a direct access to my local band account. then ok no problem. i am a good citizen and i have to follow all the rules and regulation of the state under the law. therefore i think i have no objection if they have direct access to my account.

[SuperCoinGuy]

What I am doing with my Bitcoin and where I am keeping it is my own business. Isn't this the whole purpose of Bitcoin in the first place? For people to be free of government watchdogs looking over your every step and spying on you every single day? But I guess Bitcoin getting legalized will mean getting it centralized as well and then unfortunately the government will have the legal right to audit your private Bitcoin wallets for tax purposes. But until then we can still enjoy our privacy or whatever is left of it...

[isvicre]

I've got nothing to hide so if the tax organization wants to look they can look. Simply they are in their right to do so. Paying taxes is a debt in this society which even we bitcoiners can't escape.
Yes it would be uncomfortable and wrong but if they got the law with them, resistance is futile. It will get you end up in jail or worse jail and penalties.

Bad attitude. You should take a look at your personal message and try to live by it more.  Resistance is futile...  Satoshi would be rolling in his grave.

[vetpet]

The government already has the access to all your transactions, blockchain is open for everyone. The small problem is to find out what transactions are your, but believe me it is not a big problem. Using bitmixer complicates the task, but not so...

[xuan87]

I think I wont be giving government to see my wallet, the reason i used bitcoin is to stay anonymous to everybody, so if i let someone to see then i dont see any point to use bitcoin again, i rather to use fiat if that case really happen in future