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November 15, 2013, 08:20:46 AM
Last edit: November 15, 2013, 06:03:57 PM by jubalix |
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If a data base is developed that contains the addresses that are valid, this may cause the following effects.
[1] approved Banks , financial institutions, credit issuers, lenders will issue addresses that will be included in the database.
[2] Companies, vendors shops etc will only accept BTC from addresses in that data base
a result of [1] & [2] makes any coins on other addresses worthless. End of game unless
[3] the free market is more efficient than this, doubtful as the black market is not that big vs legal market, taxation is used as the enforce the laws.
[4] zero coin or similar is introduced that makes bitcoin untraceable.
>> [4] has to be done fast. Sooner than later or worthless coins incoming. If there is enough momentum behind the untraceable solution, then that's it.
I hope I am wrong
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