Bitcoin Dark Wallet: The Excuse Regulators Needed

[inBitweTrust]

I mean,who wants to do anything with a currency that is used for doing illegal activities,as is how the media will inevitably report it because it creates a much larger buzz rather than simply portraying it as a currency that can be used to purchase everyday items as well. If the goal is mass adoption,then I'm not sure how much this will help.

Mass adoption will happen regardless of the media and regulation because of utility. Bitcoin gaining mass adoption should be open as a useful tool to everyone whether they want to be free or constrained with regulations. Ultimately, the framework of the code itself is anarchistic being open source, decentralized, and non-coercive(you can fork the blockchain at will) but if you want to use Bitcoin in government regulated way you are free to as well. 

A salient example of why utility and ease of use trump media, laws and regulations is torrents. Almost everyone I know has some pirated movie, song, or software on their computer despite their political persuasion, demographic, media negativity, or illegality of it. The ease of acquisition, the unenforceability of trying to control decentralized sharing, the lack of cumbersome DRM all make torrenting ubiquitous and unstoppable.

We shouldn't be overly concerned with regulatory fears because in gutting bitcoin and making it merely a more efficient version of paypal we defeat most of the core reasons it exists. Any government that changes course and makes bitcoin illegal at this stage will ultimately doom their country into falling behind economically. Widespread adoption will happen because we code and develop more user friendly and secure wallets and tools.

If you are unhappy with the branding of the darkwallet, than you should fork it and create a whitewallet with the exact same feature set and tools but different name. We should flood decentralized marketplaces like OpenBazaar and Darkmarket with legal products and services to bolster that their are many benefits and reasons we need in society to trade in a private and decentralized way.

[1715145354]

1715145354

[moriartybitcoin]

Major props to Amir Taaki and Cody Wilson for their DarkWallet innovation.

I might also point out that https://BitLaunder.com offers a complete anonymization solution for Bitcoin as well :-)

[Ibistru]

Canadians took the radical step of studying the issue before recommending any enforcement action.

 

But seriously, rights are never given, they must be taken. Look at it this way: society consists of people, each trying to reach their goals and pushing in their direction. The more you push, the bigger area of freedom you'll get. In the long run only the power matters, the laws would just legalize the existing balance of power. That's why being submissive in the worst strategy ever. Yours is only what you can protect. If you don't push back,  if they feel no resistance, they'll come and take everything. It doesn't matter how hard you'll try not to give them an excuse, they'll find excuses when they want them. If we won't fight for privacy, we will get none.

+1

[teukon]

I was not aware of the fact that regulators need excuses to regulate something.

But if this is the case we can blame all the regulating-bullshit on Amir, can't we?

AMIR, ALL THE REGULATING-EFFORTS TO COME ARE ENTIRELY YOUR FAULT!

Joe

False.  The blame rests with the state; with those that create and impose the regulations.  Show some courage and direct your anger at those actually threatening you.

[TippingPoint]

who said our goal is mass adoption? we see a new world possible and are singly focused towards our vision.
we're not going to paint over what we do with false gloss and weasel words.
more is at stake here than the price of bitcoin and a few american corporations.

https://bitcointalk.org/index.php?topic=592356

Good point.

We don't need to sell our souls just to speed up adoption of Bitcoin.

Just come up with some noble reasons for anonymity

• Funding whistleblowers
• Donating to charities that are not universaly popular
• Financial transactions by people who live in oppresive regimes
• Paying for medical treatment without creating documentation

[Bit_Happy]

who said our goal is mass adoption? we see a new world possible and are singly focused towards our vision.
we're not going to paint over what we do with false gloss and weasel words.
more is at stake here than the price of bitcoin and a few american corporations.

https://bitcointalk.org/index.php?topic=592356

Good point.

We don't need to sell our souls just to speed up adoption of Bitcoin.

Just come up with some noble reasons for anonymity

• Funding whistleblowers
• Donating to charities that are not universaly popular
• Financial transaction by people who live in oppresive regimes
• Paying for medical treatment without creating documentation

noble reasons for anonymity
You have the right to live however you want, as long as you do not initiate force or fraud against others. ~N.A.P.

[genjix]

Good point.

We don't need to sell our souls just to speed up adoption of Bitcoin.

Just come up with some noble reasons for anonymity

• Funding whistleblowers
• Donating to charities that are not universaly popular
• Financial transaction by people who live in oppresive regimes
• Paying for medical treatment without creating documentation

I don't need to explain myself to fascists and control freaks on why I want individual empowerment.
I refuse their game.

[franky1]

i do love some of those anit-government, anti-corporation, anti-anything people.

especially how the building they are living in was made by a corporation, the internet they use is through a corporations network, the electricity, their water, the clothes they wear, etc. you get the idea, all supplied by corporations.

until i see them living in a mud hut/hand built house on land they have personally bought, wearing clothes made from the wool of sheep that they have grazed, their food is killed or picked using their bare hands from animals and plants on their land.... they have nothing useful to say

[genjix]

umm we are? i dont think you know us.
some links for you:
http://calafou.org/
http://guifi.net/en/node/2413/view/map
https://www.youtube.com/watch?v=191NzHmBjXI
http://cooperativa.cat/en/
see also http://cooperativa.cat/en/cooperative-public-system/catalan-supply-center/
i live my ideals as much as possible. check link in my sig too.
anti-state and anti-corporations does not mean abandoning civilisation. i'm pro-markets and pro-business and want competing governments that serve people.

http://nakamotoinstitute.org/mempool/how-to-market-bitcoin/
http://nakamotoinstitute.org/mempool/bitcoin-has-no-image-problem/

[Hunyadi]

I mean,who wants to do anything with a currency that is used for doing illegal activities,as is how the media will inevitably report it because it creates a much larger buzz rather than simply portraying it as a currency that can be used to purchase everyday items as well. If the goal is mass adoption,then I'm not sure how much this will help.

Mass adoption will happen regardless of the media and regulation because of utility. Bitcoin gaining mass adoption should be open as a useful tool to everyone whether they want to be free or constrained with regulations. Ultimately, the framework of the code itself is anarchistic being open source, decentralized, and non-coercive(you can fork the blockchain at will) but if you want to use Bitcoin in government regulated way you are free to as well. 

A salient example of why utility and ease of use trump media, laws and regulations is torrents. Almost everyone I know has some pirated movie, song, or software on their computer despite their political persuasion, demographic, media negativity, or illegality of it. The ease of acquisition, the unenforceability of trying to control decentralized sharing, the lack of cumbersome DRM all make torrenting ubiquitous and unstoppable.

We shouldn't be overly concerned with regulatory fears because in gutting bitcoin and making it merely a more efficient version of paypal we defeat most of the core reasons it exists. Any government that changes course and makes bitcoin illegal at this stage will ultimately doom their country into falling behind economically. Widespread adoption will happen because we code and develop more user friendly and secure wallets and tools.

If you are unhappy with the branding of the darkwallet, than you should fork it and create a whitewallet with the exact same feature set and tools but different name. We should flood decentralized marketplaces like OpenBazaar and Darkmarket with legal products and services to bolster that their are many benefits and reasons we need in society to trade in a private and decentralized way.

+1

[BitOnyx]

I was not aware of the fact that regulators need excuses to regulate something.

But if this is the case we can blame all the regulating-bullshit on Amir, can't we?

AMIR, ALL THE REGULATING-EFFORTS TO COME ARE ENTIRELY YOUR FAULT!

Joe

Without proper brainwashing no one would vote on patriotic act so I guess there always need to be some kind of excuse. Even when it is rather insignificant. 

[teukon]

Just come up with some noble reasons for anonymity
...

• Financial transaction by people who live in oppresive regimes

The war on drugs seems pretty oppressive to me.

[Ibistru]

Just come up with some noble reasons for anonymity
...

• Financial transaction by people who live in oppresive regimes

The war on drugs seems pretty oppressive to me.

And we can see how much successful the war on drugs is... I mean, successful in making drug lords and politicians rich.

[Beliathon]

Radical is the winning strategy.

Remember that "government" is just a word - there is no monolithic entity with that name. Instead, there are a large number of individuals who all have their own individual goals and motivations. The extent to which they cooperate to enforce certain policies on the rest of the population is a function of how well their individual goals and motivations align with the goals of the organization itself.

Regulators can't stop Bitcoin any more than the RIAA could stop P2P file sharing, so there's no need for Bitcoin users to self-censor out of a misplaced hope that doing so will protect them.

Every time regulators attempt to stifle Bitcoin and are unsuccessful, Bitcoin will gain more credibility and more users - and very importantly many of those users will be "defectors" from the government side. As governments are finding themselves unable to stop Bitcoin, their organizations will slowly start to fill up with Bitcoin users. Identifying the positive feedback loop in this scenario is left as an exercise for the reader.

Provoking conflict with the regulators is, in fact, the best thing that can happen for Bitcoin in the long term.

You nailed it, well said and thank you.

Dear everyone,

Fear not, as we have already won.

Love,

Beliathon

[Joshuar]

I'm all for a Bitcoin "dark" wallet. However, that logo, the eye within the triangle, is absolutely horrible. Most people think of the Illuminati when seeing that and that would deter many of them from using the darkwallet...A shame really..

[BitOnyx]

There is no real borders in internet. At point when one country makes usage of bitcoin difficult we can always choose different one.

Dark wallet might get even banned and I wouldn't even care. It is not like we really need it that much.

Power of government in long run is limited, one way or another.

[M++]

Good they have an excuse now. Bitcoin will go where it need to go. Now or tomorrow what's the difference ?
You are all in the fear of the downprice of bitcoin, because you own some, and you think it's gonna go to 50k$ with the help of government and why not wallstreet ? Yeah me i would like to be billionaire just because i spent few thousand dollars few months ago

But come on, bitcoin is way more than that. It's a game changer. If they start a "war" vs bitcoin it's will be a major publicity for this technology, people will start to ask themself "why ?" And when you try to REALLY understand what bitcoin is, you can only become an adopter.

What i'm trying to say overvall is simple if darkwallet it's possible it's only because bitcoin allow it, it's in the dna of this technology and if you think 20secondes about what is the real democracy you will understand there is no democracy possible without anonymity, do you want the NSA to work on new program to exploit the blockchain ? We need to protect the blockchain from that, or it can be a real problem in few years.

[genjix]

interview with cody and counter-terrorism mouthbreather,
http://onpoint.wbur.org/2014/05/06/bitcoin-dark-money-dark-wallet

golden bits are at 27:30 and 37:00
lots of gold comments from liberals with fascist tendencies.
and some people want to bend their will or cut their tongue to "win" these people?

[slaveforanunnak1]

Regulators gonna regulate.

The key is for the technology to always keep one step ahead of the slower process of regulation.

https://www.youtube.com/watch?feature=player_detailpage&v=1plPyJdXKIY#t=15

[slaveforanunnak1]

i do love some of those anit-government, anti-corporation, anti-anything people.

especially how the building they are living in was made by a corporation, the internet they use is through a corporations network, the electricity, their water, the clothes they wear, etc. you get the idea, all supplied by corporations.

until i see them living in a mud hut/hand built house on land they have personally bought, wearing clothes made from the wool of sheep that they have grazed, their food is killed or picked using their bare hands from animals and plants on their land.... they have nothing useful to say

HAHAHA i assume you saw Amir's links!
You sir just got Servered! SON...!