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Topic: Bitcoin Dark Wallet: The Excuse Regulators Needed - page 3. (Read 5483 times)

legendary
Activity: 1190
Merit: 1000
But i would say its pretty fucking irritating and outright stupid for the two guys who made it to publicly state in articles that they welcome both the good and the bad, "even if that includes murders for hire and 911-esque terror plots".   Then to cap off those statments with a taunt  "Come get us" or "Just try and stop it".  
I hope he enjoys water boarding
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
The trailer for the dark wallet makes it seem like it is geared for people in the movies who operate in the underworld...lol
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Regulators gonna regulate.

The key is for the technology to always keep one step ahead of the slower process of regulation.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
It really is all quite fascinating from my perspective.  I don't see this not becoming more of an issue as time passes.  I do worry about the negative impact but I suspect it will lead to some good discussions and the like.
hero member
Activity: 924
Merit: 1001
We've all known what Dark Wallet was intended to do.  It's been "Pending" for months.

But i would say its pretty fucking irritating and outright stupid for the two guys who made it to publicly state in articles that they welcome both the good and the bad, "even if that includes murders for hire and 911-esque terror plots".   Then to cap off those statments with a taunt  "Come get us" or "Just try and stop it".  

I mean freedom is one thing.  I get it.  But as an intelligent individual, morality and love for fellow humanity has to be mixed in with your freedom.

Make something free.  Don't be a fucking idiot and say you support terrorist plots or murders for hire.

You support freedom.  Not murder.   I assume.  

I dont know ...

On the plus side, maybe DarkWallet will be such a pussing anathema to the cryptocurrency world that the focus/fears/stigma from Law Enforcement will go there, and be pulled away from Bitcoin.

-B-
hero member
Activity: 571
Merit: 500
This launched today right?   I believe I read somewhere that 5/1 was the launch date

Yup, and you can find some discussion here. https://bitcointalksearch.org/topic/dark-wallet-alpha-for-bitcoin-now-available-591703
sr. member
Activity: 452
Merit: 250
A good read and I thank you for sharing it with us.  I think Darkwallet is a steip in the right direction but willl most likely be used by those who fear crypto currencies.  I've got a feeling things are going to bet interesting over the next few months.

+1
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
This launched today right?   I believe I read somewhere that 5/1 was the launch date
hero member
Activity: 798
Merit: 1000
Who's there?
Canadians took the radical step of studying the issue before recommending any enforcement action.
  Grin

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.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I also feel the name is needed to attract people.  I think it is a double edged sword but if used correctly is could be a deadly "weapon".
sr. member
Activity: 252
Merit: 250
i like the incremental privacy bitcoin can provide

right now its psuedoanonymous, if bitcoins get attacked by the government, bitcoiners can update their wallet and get extreme anonymity or change how they move their bitcoins and create new wallets for every transaction. then bitcoins cant be traced.
legendary
Activity: 1162
Merit: 1007
The name is intentional, DarkWallet is created to be radical.
Something which draws less attention probably would have been wise....too late now.
Actually quite the opposite.

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.

Fascinating point of view, justusranvier.  I think I may actually agree now that I see your logic. 
legendary
Activity: 1190
Merit: 1000
Provoking conflict with the regulators is, in fact, the best thing that can happen for Bitcoin in the long term.
Yes, but now is not a good time to do it. We should wait until there is more popular support.
 this sort of thing is very likely to turn the masses against Bitcoin
legendary
Activity: 1190
Merit: 1000
http://www.wired.com/2014/04/dark-wallet/

Quote
they argue that the code is protected by First Amendment safeguards on free speech.
These guys are pretty out of touch if they imagine that is any reason to take comfort.

Quote
Nor does he deny that Dark Wallet might enable heinous crimes like child pornography, murder-for-hire, and terrorism. “Well, yes, bad things are going to happen on these marketplaces,” Wilson says.
I'd like to see someone make a more easily traceable wallet or coin...just as an experiment
legendary
Activity: 1400
Merit: 1013
The name is intentional, DarkWallet is created to be radical.
Something which draws less attention probably would have been wise....too late now.
Actually quite the opposite.

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.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
The only thing I dislike about DarkWallet is its name.  It is a sensible and important tool to enhance the privacy of bitcoin transactions. 

Imagine that you were a celebrity using bitcoin: every time you buy a coffee, TMZ is going to post the transaction if it gets the scoop!  Your obsessed fans would be trying to track your coins through the blockchain to identify where and when you are likely to eat dinner, shop, vacation, etc.  Coinjoin is a technique that would make it more difficult to be stalked by crazy people.  Privacy is important for our peace-of-mind and for our personal safety.   

I agree...the name itself attracts attention IMO.   They should make it something that attracts less attention....

The name is intentional, DarkWallet is created to be radical.
Something which draws less attention probably would have been wise....too late now.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
The only thing I dislike about DarkWallet is its name.  It is a sensible and important tool to enhance the privacy of bitcoin transactions. 

Imagine that you were a celebrity using bitcoin: every time you buy a coffee, TMZ is going to post the transaction if it gets the scoop!  Your obsessed fans would be trying to track your coins through the blockchain to identify where and when you are likely to eat dinner, shop, vacation, etc.  Coinjoin is a technique that would make it more difficult to be stalked by crazy people.  Privacy is important for our peace-of-mind and for our personal safety.   

I agree...the name itself attracts attention IMO.   They should make it something that attracts less attention.   I definitely think that anonymity with transactions is very important, but it is a slippery slope because it will definitely be a target for gov'ts and an excuse to try and lay down the regulation or ban hammer.
newbie
Activity: 5
Merit: 0
At some point the hand of the regulators will be forced.  Is it really a smart idea to keep postponing it?  At this point I think the cryptocurrency community has the regulators completely outmatched.  I'm more than happy to hear about DarkWallet launching.
legendary
Activity: 1162
Merit: 1007
The only thing I dislike about DarkWallet is its name.  It is a sensible and important tool to enhance the privacy of bitcoin transactions. 

Imagine that you were a celebrity using bitcoin: every time you buy a coffee, TMZ is going to post the transaction if it gets the scoop!  Your obsessed fans would be trying to track your coins through the blockchain to identify where and when you are likely to eat dinner, shop, vacation, etc.  Coinjoin is a technique that would make it more difficult to be stalked by crazy people.  Privacy is important for our peace-of-mind and for our personal safety.   
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
A good read and I thank you for sharing it with us.  I think Darkwallet is a steip in the right direction but willl most likely be used by those who fear crypto currencies.  I've got a feeling things are going to bet interesting over the next few months.
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