Few facts:
Hushmail = centralized company - has user data
Bitcoin = Decentralized that no one owns/runs/controls.
How can the foundation help crack down on Bitcoin holders not users (thats a bad word to use) when the foundation does not own these users nor regulates them nor owns Bitcoin nor has any information on them?
Would the government go to the Linux Foundation and say "Hey, this hacker was using linux, help us find him"
Would the government go to the Tor Foundation and say "Hey, this hacker was using Tor, help us find him"
In both cases, they cannot!
Answer your question?
-Charlie
Let me phrase it this way...
Few facts:
Hushmail = centralized company - has user data
Bitcoin = Decentralized that no one owns/runs/controls.
Foundation = centralized U.S. company - develops Bitcoin software that handles user data
Are you familiar with what happened at 611 Folsom Street in San Francisco? Let me give a brief overview. President Bush instructed phone companies to allow an illegal warrant-less wiretap be installed at this location and others recording ALL Internet traffic unfiltered, which a whistle blower found out about. The administration then had Congress retroactively grant the phone companies immunity from prosecution for siding with them in breaking the law.
https://www.eff.org/issues/nsa-spying
As a U.S. corporation that openly develops the software to conduct bitcoin transactions, how would the foundation deal with similar government pressure to "save us from the terrorists, pornographers, government anarchists, etc"?
You are afraid of TBF implementing code in the software to leak user data? Is that what you're trying to say?