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Topic: Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now - page 23. (Read 84393 times)

member
Activity: 115
Merit: 10
I vaguely remember a concept called "economic majority" by which the network can only undergo a huge upheavel like this is a majority of the users agree with it. Who gave the right to the bitcoin foundation to dictate these changes anyway?

I am passionate about the free market. It is my hope that in the event this change is implemented, a fork of the bitcoin project will occur and a huge majority of users will switch to it.
sr. member
Activity: 378
Merit: 250
Mike is being naive thinking it will only be used to stop bad guys. We have all seen this before, the filters and restrictions eventually move outwards and infect all areas of a system.

This "redlist" will eventually only allow approved coins that are matched name and address to a government database. In one fell swoop Mike destroys all the positives Satoshi installed in the Bitcoin system.

If the government is not satisfied with your credentials, you will not be allowed to buy things with your coins, the coins will start to have two different values, one value for the government approved coins that can be used to buy things, and another for those dark coins that are no longer useful.

Also no one will have any incentive to accept dark coins because they run the risk of having their business shut down because their wallet got added to the dark coin list by their government.

This will allow the government to trace everyones money, decided what businesses are allowed to do business and quickly destroy the wealth of dissidents and opposition.

My question: Is Mike really this naive?

+100
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Great, the mighty "foundation" (aka a group of people who think they are important and have a "chair" somewhere) now want to taint coins.  Roll Eyes And maybe they and the government decide how to taint them? Ye well answer is NO
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I do not understand why  Mike Hearn hasn't come on any of these threads to say anything at all about this project.
sr. member
Activity: 378
Merit: 250
From the Mike Hearn quote

" When you receive funds that inherit the redlisting, your wallet client would highlight this in the user interface. Some basic information about why the coins are on the redlist would be presented. You can still spend or use these coins as normal, the highlight is only informational. To clear it, you can contact the operator of the list and say, hello, here I am, I am innocent and if anyone wants to follow up and talk to me, here's how. Then the outputs are unmarked from that point onwards"

What an utter load of bollocks.

Nick Nasty has 500 btc in anonymous wallet xyz****** which he earned by spreading the CryptoLocker virus, he sends these to a newly created wallet which are flagged as dirty coins (redlisted) during the confirmation process.

"Hello is that Mike at the Foundation, hi my name is Nick Nulty and I just got some redlisted coins when I sold some junk from my attic to a guy I don't know who came to my house."

"hello Nick, yes this is Mike at the Foundation, ok we've cleared that redlisting for those coins now. They're now whiter than white and you can use them as you like, have a great day. Oh by the way would you like to make a donation and join the Foundation?"

"No thanks Mike, but you have a great day"

Why are clever people so stupid?
sr. member
Activity: 322
Merit: 250
Let Mike just keep quiet about this in public.
We haven't heard anything from law enforcement yet.  Wait until we hear from the panel in the upcoming Senate hearings.  If they suggest controls, then it will be time to consider options.  Otherwise, we have no need to implement a blacklist, redlist, or any other restriction.

There is NO SCENARIO in which Mike Hearn's suggestion make one iota of sense for Bitcoin.

I can't believe what I'm reading him say honestly.
sr. member
Activity: 476
Merit: 250
My question: Is Mike really this naive?

No. He's playing the political game of "Let's Make Some Window Dressing To Look Good For The Regulators".

He's trying to get in good with DC by using Bitcoin as the vehicle.
full member
Activity: 167
Merit: 100
Can we get an at least symbolic vote of "no confidence" in the bitcoin foundation to show the community does not agree with this horrible suggestion?
sr. member
Activity: 476
Merit: 250

Truth is, you can not trust anyone who voluntarily involve themelves in the corrupt and dirty political games of our current times. The Bitcoin Foundation is politics, wether you want to recognize it or not. That was my motive not to join any Foundation and every day that goes by I'm proven right on my choice. Lobbyism must die.

You are 100% correct. I regret my decision to join the foundation. Even worse, I regret sending them 25 btc way back when if Hearn's idea is the kind of crap it supports. I should have cashed them in and just sent the money directly to a three letter agency instead.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I suggest we red-list Mike Hearn for his position in the foundation.



Let Mike just keep quiet about this in public.
We haven't heard anything from law enforcement yet.  Wait until we hear from the panel in the upcoming Senate hearings.  If they suggest controls, then it will be time to consider options.  Otherwise, we have no need to implement a blacklist, redlist, or any other restriction.
Wtf is wrong with you? No one cares about your mofo US senate.

Nothing has to be changed.

Fuck USA!

Take it easy, man.
It might be a misunderstanding going on here

their is no misunderstanding

a project has been proposed and NO ONE wants it.

nothing else matters.
full member
Activity: 238
Merit: 100
I suggest we red-list Mike Hearn for his position in the foundation.



Let Mike just keep quiet about this in public.
We haven't heard anything from law enforcement yet.  Wait until we hear from the panel in the upcoming Senate hearings.  If they suggest controls, then it will be time to consider options.  Otherwise, we have no need to implement a blacklist, redlist, or any other restriction.
Wtf is wrong with you? No one cares about your mofo US senate.

Nothing has to be changed.

Fuck USA!

Take it easy, man.
It might be a misunderstanding going on here
legendary
Activity: 1176
Merit: 1015
Mike is being naive thinking it will only be used to stop bad guys. We have all seen this before, the filters and restrictions eventually move outwards and infect all areas of a system.

This "redlist" will eventually only allow approved coins that are matched name and address to a government database. In one fell swoop Mike destroys all the positives Satoshi installed in the Bitcoin system.

If the government is not satisfied with your credentials, you will not be allowed to buy things with your coins, the coins will start to have two different values, one value for the government approved coins that can be used to buy things, and another for those dark coins that are no longer useful.

Also no one will have any incentive to accept dark coins because they run the risk of having their business shut down because their wallet got added to the dark coin list by their government.

This will allow the government to trace everyones money, decided what businesses are allowed to do business and quickly destroy the wealth of dissidents and opposition.

My question: Is Mike really this naive?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
I suggest we red-list Mike Hearn for his position in the foundation.



Let Mike just keep quiet about this in public.
We haven't heard anything from law enforcement yet.  Wait until we hear from the panel in the upcoming Senate hearings.  If they suggest controls, then it will be time to consider options.  Otherwise, we have no need to implement a blacklist, redlist, or any other restriction.
Wtf is wrong with you? No one cares about your mofo US senate.

Nothing has to be changed.

Fuck USA!
legendary
Activity: 1764
Merit: 1002
The Bitcoin Foundation starting to show its true colors..

I do not think they are lobbying for Bitcoin user's best interests, but instead to promote their own agenda.

is the entire Foundation onboard with this idea???




Probably not, but there are more influential members than others there. Example, Mike Hearn

Even though Bitcoin is open source, this whole idea of blacklisting goes against everything Bitcoin stands for
You won't be able to send the coins to whoever you want (illicit or non-illicit)
Your coins can be frozen (blacklisted)


Matonis is on record stating he does NOT support blacklisting coins.  he'd better put a stop to this.
legendary
Activity: 1764
Merit: 1002
How stupid are these people?  Don't they know that every dollar bill has traces of cocaine on it?  They've ALL been used for illegal activity, and yet we trade them around every day.

Still, the more "bad" coins that are taken out of circulation, the more my (hopefully clean) coins will be worth.

here's the thing.

you/we can't afford to have ANY coins taken out of circulation due to redlisting.  that mere act alone will destroy your remaining coin's value.
hero member
Activity: 770
Merit: 500
The Bitcoin Foundation members starting to show their true colors..

I do not think they are lobbying for Bitcoin user's best interests, but instead to promote their own agenda.

You mean promote the Government's agenda?
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
If this is true then I have lost all respect for Mike Hearn.
legendary
Activity: 1321
Merit: 1007
The Bitcoin Foundation starting to show its true colors..


The Bitcoin Foundation members, you mean.
Truth is, you can not trust anyone who voluntarily involve themelves in the corrupt and dirty political games of our current times. The Bitcoin Foundation is politics, wether you want to recognize it or not. That was my motive not to join any Foundation and every day that goes by I'm proven right on my choice. Lobbyism must die.

fixed for the mod
legendary
Activity: 1176
Merit: 1015
And Bitcoin starts to rip itself to pieces just as it goes mainstream...

How predictable, the human element always destroys everything.

Will Mike post here and answer to us?
sr. member
Activity: 304
Merit: 380
Let Mike just keep quiet about this in public.
We haven't heard anything from law enforcement yet.  Wait until we hear from the panel in the upcoming Senate hearings.  If they suggest controls, then it will be time to consider options.  Otherwise, we have no need to implement a blacklist, redlist, or any other restriction.
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