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> I'm asserting that such a system is reasonable to exist. When every known system that meets your criteria fails, the onus is on you to show that such a syste
by antidesitter 8y ago
> I'm asserting that such a system is reasonable to exist.
When every known system that meets your criteria fails, the onus is on you to show that such a system can succeed.
> The imperfect nature of international law and institutions is not such an issue
Relying on a demonstrably unreliable system, particularly where enormous power is concerned, is absolutely a fundamental issue.
> our worldview that rejects money laundry is a real problem
This is a straw man. It's like saying that anyone who doesn't believe the government should have cameras in people's homes rejects terrorism as a real problem. We're talking about tradeoffs.
- yholio 8y agoI'm the one talking about trade-offs, you are of the position that any algorithmic feature designed to weaken anonymity in certain well defined scenarios is tantamount to "cameras in people's homes". Well, Bitcoin is more traceable than Monero or Grin so there you go, a handy example of an (unintentional) trade-off that seems to work without the sky falling. It's absolutely reasonable that an intentionally designed system could achieve a more favorable trade-off, with better privacy for regular folk and less for well defined, exceptional circumstances.
- antidesitter 8y agoWhat you're proposing (giving a government entity a "backdoor key") goes far beyond anything Bitcoin does.