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BitterTea
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June 08, 2011, 01:18:07 AM |
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This link now has the full, unedited (thankfully) interview. To be blunt, in the interview you seem eager to cooperate with law enforcement in identifying bitcoin users. I understand part of this is a reaction to the tone of the interview, but would you in your capacity as Bitcoin developer make changes to the client as requested by a government agency? What if they produce a legal document compelling you to do so and/or preventing you from divulging that information? If you want, we can move this to a new thread. P.S. I understand this is open source software, but I'm lazy and don't look at the code for each version. Jeff, I don't mean to single you out, this is an admittedly unlikely but possible scenario for any of the trusted developers. |
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evoorhees
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Democracy is the original 51% attack
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June 08, 2011, 04:24:50 AM |
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BitterTea: I share your concern.
IMHO - any core developer of Bitcoin, if pressured by a government official to "fix" or change something within the software, should politely but firmly refuse. If pressure turns to coercion upon this developer, he or she should consider removing themselves from the development team.
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Black Arrow
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June 08, 2011, 04:31:54 AM |
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To be blunt, in the interview you seem eager to cooperate with law enforcement in identifying bitcoin users. [/quote]
Way too eager! What attracted me to Bitcoin was its capacity for escaping from government regulation of private financial transactions. By saying that you are working with government to get the Bitcoin exchanges regulated and to make them comply with know-your-customer laws and anti-money-laundering laws you are embracing some of the same anti-privacy policies that make the government/banking cartel so odious to begin with. You seem to be selling out so you can gain wider acceptance from the mainstream. If Bitcoin exchanges will become just like other bureaucratic financial institutions, it makes me a lot less enthusiastic about Bitcoin.
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Litt
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June 08, 2011, 05:02:27 AM |
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bitcoin will not and cannot be regulated by design. Exchanges, however, can be regulated by local laws and should operate accordingly. If bitcoin can be regulated as such, it won't be what it is at the core.
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marcus_of_augustus
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Eadem mutata resurgo
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June 08, 2011, 05:19:58 AM |
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bitcoin will not and cannot be regulated by design. Exchanges, however, can be regulated by local laws and should operate accordingly. If bitcoin can be regulated as such, it won't be what it is at the core.
I noticed a tone of resistance when it was first to suggested to see how chaumian blinding could be worked into bitcoin, icbw. If it is another layer that works fine also. But bitcoin will die if bitcoin2.0 includes blind transaction signing at its core. Smells like another Tor, black op. project gone feral. |
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Bitcoin Swami
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June 08, 2011, 05:33:28 AM |
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I think he said everything I didn't want to hear as a bitcoin lover.
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avid_consumer
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June 08, 2011, 05:55:45 AM |
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bitcoin supporter here.
imo the cbs story was the best pr move bitcoin could make to increase legitimacy and push through the silk road story. if you want BTC to keep growing, that was the right move. sacrifices have to be made. if you want to be liberty $, fight the man and give the finger. if you want to compete and grow, cooperate and form legitimate alliances. that's all, my 0.02.
BTC can do more good from the 'inside' than the 'outside'. can't wait to see where this goes.
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Vladimir
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June 08, 2011, 06:05:29 AM |
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bitcoin supporter here.
imo the cbs story was the best pr move bitcoin could make to increase legitimacy and push through the silk road story. if you want BTC to keep growing, that was the right move. sacrifices have to be made. if you want to be liberty $, fight the man and give the finger. if you want to compete and grow, cooperate and form legitimate alliances. that's all, my 0.02.
BTC can do more good from the 'inside' than the 'outside'. can't wait to see where this goes.
Yep. Bravo Jeff! |
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mrb
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June 08, 2011, 07:30:27 AM |
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Yes, I too applaud Jeff's effort to distance Bitcoin from some dubious users (Silk Road), and to emphasize its openness and the importance for the community to comply with financial regulations.
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matonis
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June 08, 2011, 08:18:39 AM
Last edit: June 08, 2011, 09:42:16 AM by matonis |
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marcus_of_augustus
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Eadem mutata resurgo
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June 08, 2011, 10:38:25 AM |
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Yes, I too applaud Jeff's effort to distance Bitcoin from some dubious users (Silk Road), and to emphasize its openness and the importance for the community to comply with financial regulations. No matter how mis-guided those regulations maybe? Would you be saying the same thing if you lived in N. Korea, Tunisia, Egypt, Syria, Yemen .... ? You guys are starting sound like robots. |
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FatherMcGruder
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June 08, 2011, 01:01:39 PM |
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I haven't listened to Jeff's CBS interview yet, but judging from the reaction here, I'd say it differs significantly from Jacob Appelbaum's response to NPR regarding the notion of building backdoors into Tor. I would have hoped for a similar response from Jeff. That said, Bitcoin is open source and honest users and developers will simply route around any treachery. |
Use my Trade Hill referral code: TH-R11519 Check out bitcoinity.org and Ripple. Shameless display of my bitcoin address: 1Hio4bqPUZnhr2SWi4WgsnVU1ph3EkusvH |
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proudhon
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June 08, 2011, 01:17:53 PM |
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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FatherMcGruder
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June 08, 2011, 01:28:07 PM |
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A fair article, but I've seen better written ones on Ars. |
Use my Trade Hill referral code: TH-R11519 Check out bitcoinity.org and Ripple. Shameless display of my bitcoin address: 1Hio4bqPUZnhr2SWi4WgsnVU1ph3EkusvH |
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kiba
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June 08, 2011, 03:15:49 PM |
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This site is ranked 1,748 by alexa. It's not extremely good.
Don't use Alexa, it's not very accurate. |
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ploum
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June 08, 2011, 03:26:29 PM |
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Don't use Alexa, it's not very accurate.
Alexa still thinks that http://ploum.net (my website) is a Dutch camping website. I own the domain since at least 2008 (might be 2007) and it was free at that time. I don't even remotely understand how it is possible. But I admit that there might be a problem somewhere with my domain as it stays at PR 3 in Google, despite having a lot of backlinks and despite the fact that my previous URL (which now redirect to ploum.net) was PR 6 at the time of the switch. |
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em3rgentOrdr
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June 08, 2011, 09:38:11 PM
Last edit: June 08, 2011, 11:22:14 PM by em3rgentOrdr |
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Our little toy has grown up. The cat is out of the box.  The big dogs are after us now  Welcome to the grown up world. |
"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
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