Topic: Bitcoin Dark Wallet: The Excuse Regulators Needed - page 2. (Read 5483 times)

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.

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

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://bitcointalksearch.org/topic/dark-wallet-let-there-be-dark-592356

While the Dark Wallet is definitely an improvement in privacy of transactions,the negative publicity will probably worse for the mass adoption of Bitcoin. 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. Secondly,the Blockchain was public in so many more ways than even normal currency,and this take that away,making Bitcoin truly anonymous. That can be one step forward and two steps back in so far as adoption by the larger population is concerned.

I like it 

Thanks, that was interesting. It would be more helpful if Satoshi had said more about intentions in the whitepaper, although  I guess we can draw our own conclusions

+1

this name dark wallet sux hard, but what to do.... they dont want change name, their fault, so dont use it as protest

sheep are so distgusting...why do you so want to please your masters? Regulators, politicians, governments ARE the problem not the solution. If you want to get your sheep on stick your money into a CD for .1% at bank of America

There are legitimate, legal uses for every 'Dark' feature of this wallet software. The fact that there are illegal uses too is beside the point, vanilla Bitcoin Core can be used for illegal purposes too. On that basis, I disagree with those saying that the name should be provocative/evocative of criminality. It's like calling automobiles battering rams, or guns genocide slingshots.

I have. First deposit took 12 h.
It seems to work and looks nice, many people online (50-100).

Dark Wallet is a great project and implementation.  The name works for what the functionality is but it is not going to help with messaging to the masses.  Cash Wallet might have been better since you really can't trace cash very well and then people might get it that it is just the same.  People who want to be off the grid use Cash.

This is not a product for the masses but those that wish to use the full benefits of what the block chain can offer.

Again, overall a good product.

Have any of you installed the alpha version of this?   I'm curious to hear some feedback on how it works, and if you like it...

Dark Dollars are even worse.

When Newton wrote Principia, our understanding of the natural world was enhanced.  When cars replaced horse-drawn buggies, our mobility was enhanced.  When the assembly-line factory was invented, our productivity was enhanced.  When the internet was created, our capacity to acquire information and communicate with others was enhanced.  When bitcoin was created, our ability to store, transport and exchange value was enhanced.  

We adopt new technologies because they are useful.  Things that are useful are obviously useful for both good and for bad.  This has always been the case and is why whenever something new and useful comes around, certain groups fight it so hard.  In all my examples above, progress was fought by people based on fear.  With the Newton, it was heresy that a man could claim to understand the motion of the heavens, "for they are God's creation."  With the Internet, the web would become a haven for crime, terrorism and child porn.  

The fact that there is so much fear around bitcoin reveals that even those who fight it have subconsciously accepted how useful it will become.  

You sound like a jackass any time this issue comes up.  I'm sure Amir Taaki does not support terrorists or murders-for-hire.  However, it is REALITY that enhanced financial privacy also increases terrorists' financial privacy.  It's time to stop denying that.

The internet has empowered child molesters.  Now, instead of being isolated in their little neighborhood believing they're the only ones with that instinct, they can find other child molesters on the internet, hide out on chat rooms, talk about the best strategies by which to molest children, get away with it, etc.  I'm assuming you still believe the good that comes from the internet's existence clearly outweighs the bad.  If you expressed this opinion and someone said, "Don't be a fucking idiot and say you support child molesters!" wouldn't you think they were a jackass?

It's time to face up to reality.  Enhanced financial privacy for the everyday user enhances financial privacy for terrorists and child molesters.  That's a fact.  There's no use in denying it or pretending that's the case.  We're all adults here.  We can handle some imperfection in our world. 

Here is a good overview of Bitcoins historical roots coming from the crypto-anarchist and Cypherpunk movement:

https://www.youtube.com/watch?v=hPY-5SR-jPQ

Why do you say that is how Bitcoin was originally intended?

I think its fantastic that Bitcoin can serve different markets. You can choose to be as open and transparent as you want and go through all the regulatory red tape or you can choose to use Bitcoin as originally intended, and no one can force your hand on how you choose to use it.

There's a market for it but I wouldn't use it and it also knocks all the work the world is doing to progress Bitcoin back a step..