Topic: EU considers launching database of Bitcoin owners - page 2. (Read 289 times)
I think it does not matter how many addresses they collect. Bitcoin user will remain anonymous, that is why many people using the same address over time is a bad idea because it can leak the anonymity. The good thing is pretty much wallet nowadays already had a feature that changes deposit address everytime it's used.
I agree with how Bitbunny explained it that Bitcoin has lost its anonymity as it is something that Bitcoin and its users needs to sacrifice in order to move forward. However I disagree with him about the news, because a news this big that affects all the European countries could be a major catalyst for the movement of Bitcoin it serves as there driver to move the prices down or it is just timely as whales are selling/offloading their shares to take profit from it.
http://www.telegraph.co.uk/technology/2017/12/18/eu-considers-launching-database-bitcoin-owners-crack-criminals/
Is it the reason, why bitcoin price goes down? Or does it mean the end of one of main bitcoin's principles - anonymity?
I also read articles that EU will outlaw anonymous cryptocurrency. The reason why bitcoin volatile is that whales are selling their bitcoin and it is not connected with EU's protocol. I think it will help to tame terrorism and manipulate people around the world. Is it the reason, why bitcoin price goes down? Or does it mean the end of one of main bitcoin's principles - anonymity?
Anonymity is the most feature I want in cryptocurrencies because it's hide private information. Sadly to see that anonymity will remove in digital currency but we need to follow them.
I don't think this has something to do with the price.
But Bitcoin has lost the anonimity long time ago with new regulations for exchangers. To be able to trade there you have to register with your personal data according to anti money laundering and anti terrorism laws. So, your data are also available to law enforcement agencies if they ask exchangers for delivery. Today there are also other tecniques to identify the Bitcoin owner so full anonimity doesn't exist.
This database might be difficult to exist in the light of the new EU GDPR directive but we'll see.
But Bitcoin has lost the anonimity long time ago with new regulations for exchangers. To be able to trade there you have to register with your personal data according to anti money laundering and anti terrorism laws. So, your data are also available to law enforcement agencies if they ask exchangers for delivery. Today there are also other tecniques to identify the Bitcoin owner so full anonimity doesn't exist.
This database might be difficult to exist in the light of the new EU GDPR directive but we'll see.
http://www.telegraph.co.uk/technology/2017/12/18/eu-considers-launching-database-bitcoin-owners-crack-criminals/
Is it the reason, why bitcoin price goes down? Or does it mean the end of one of main bitcoin's principles - anonymity?
Is it the reason, why bitcoin price goes down? Or does it mean the end of one of main bitcoin's principles - anonymity?
Jump to: