What main reasons are there against tinting coins?

madmax6688

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Quote from: findftp on January 21, 2015, 10:10:26 AM

Quote from: madmax6688 on January 21, 2015, 10:02:16 AM

Quote from: findftp on January 21, 2015, 09:58:23 AM

Quote from: Unbelive on January 21, 2015, 09:52:33 AM

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

If bitcoin 'needs' banks and governments for adoption there is something wrong in my opinion.

Just like we don't need banks and government to love certain music, it should be your own choice.

They can and already do have a major influence on bitcoin, unfortunately.

We all have influence, whales even more.
But there is something wrong when we are dependent on them.

That's the issue with creating a decentralised currency in such a centralised economy.

R2D221

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Quote from: madmax6688 on January 21, 2015, 09:52:44 AM

Quote from: R2D221 on January 21, 2015, 09:40:18 AM

Why do people keep thinking it's the currency's job to enforce law and order? Currency is just for trading. Other systems should be in charge of justice (and already do).

With bitcoin, most people's mindsets are for everything to be decentralised. Justice is extremely centralised right now, much like this forum (just check out meta). So hmmm.

Doesn't matter. Decentralized justice is still not the currency's job. We should be creating a new system for that.

findftp

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Quote from: madmax6688 on January 21, 2015, 10:02:16 AM

Quote from: findftp on January 21, 2015, 09:58:23 AM

Quote from: Unbelive on January 21, 2015, 09:52:33 AM

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

If bitcoin 'needs' banks and governments for adoption there is something wrong in my opinion.

Just like we don't need banks and government to love certain music, it should be your own choice.

They can and already do have a major influence on bitcoin, unfortunately.

We all have influence, whales even more.
But there is something wrong when we are dependent on them.

madmax6688

full member

Activity: 215

Merit: 100

Quote from: findftp on January 21, 2015, 09:58:23 AM

Quote from: Unbelive on January 21, 2015, 09:52:33 AM

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

If bitcoin 'needs' banks and governments for adoption there is something wrong in my opinion.

Just like we don't need banks and government to love certain music, it should be your own choice.

They can and already do have a major influence on bitcoin, unfortunately.

findftp

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Merit: 1008

Delusional crypto obsessionist

Quote from: Unbelive on January 21, 2015, 09:52:33 AM

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

If bitcoin 'needs' banks and governments for adoption there is something wrong in my opinion.

Just like we don't need banks and government to love certain music, it should be your own choice.

madmax6688

full member

Activity: 215

Merit: 100

Quote from: Unbelive on January 21, 2015, 09:52:33 AM

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

Banks and government will try to hinder adoption not help Bitcoin grow. Thus I think Bitcoin will grow independently and must to thrive.

madmax6688

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Quote from: R2D221 on January 21, 2015, 09:40:18 AM

Why do people keep thinking it's the currency's job to enforce law and order? Currency is just for trading. Other systems should be in charge of justice (and already do).

With bitcoin, most people's mindsets are for everything to be decentralised. Justice is extremely centralised right now, much like this forum (just check out meta). So hmmm.

Unbelive

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Invest & Earn: https://cloudthink.io

I think Bitcoins will be well tinted at end. Since BTC community will kneel infront of banks and governments as long they will help with adoption. That si why i dont see Bitcoin will be main world currency on long run.

R2D221

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Why do people keep thinking it's the currency's job to enforce law and order? Currency is just for trading. Other systems should be in charge of justice (and already do).

findftp

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Quote from: BillyBobZorton on January 21, 2015, 08:44:08 AM

Quote from: madmax6688 on January 21, 2015, 06:19:50 AM

Quote from: Gervais on January 21, 2015, 06:18:34 AM

What are the main reasons for tinting coins? I don't see why coins should be marked in this way. What real benefits does it serve?

Somehow restricting criminal activity? I know, it's a tough thing to sell.

How does tinting coins solve anything? if the criminal is anonymous and using anonimizers and whatnot..

What we need is decentralized exchanges. Im not trusting normal exchanges no matter how much you tint the coins.

Decentralized exchange means earning and spending the coins like currency.
In the end we should not bother too much with converting to old fashion stinky fiat.

BillyBobZorton

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Quote from: madmax6688 on January 21, 2015, 06:19:50 AM

Quote from: Gervais on January 21, 2015, 06:18:34 AM

What are the main reasons for tinting coins? I don't see why coins should be marked in this way. What real benefits does it serve?

Somehow restricting criminal activity? I know, it's a tough thing to sell.

How does tinting coins solve anything? if the criminal is anonymous and using anonimizers and whatnot..

What we need is decentralized exchanges. Im not trusting normal exchanges no matter how much you tint the coins.

turvarya

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Quote from: madmax6688 on January 21, 2015, 08:14:19 AM

Quote from: turvarya on January 21, 2015, 08:01:55 AM

It destroys the currency. When there is a party, that can decide, that your Bitcoin can not be used anymore. This party will abuse this power.
Top-level users(what ever that is supposed to mean) are not superior ethical.
If you want to punish criminals, do it the old fashioned way, not by abusing the Bitcoin network.

There is a party that decides the fee and such, currently.

There is no party, that decides fees. I still make zero-fee-transactions from time to time. If there is a miner, that takes it into the blockchain it will land there. There doesn't have to be a consensus about what is the right fee.

madmax6688

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Quote from: turvarya on January 21, 2015, 08:01:55 AM

It destroys the currency. When there is a party, that can decide, that your Bitcoin can not be used anymore. This party will abuse this power.
Top-level users(what ever that is supposed to mean) are not superior ethical.
If you want to punish criminals, do it the old fashioned way, not by abusing the Bitcoin network.

There is a party that decides the fee and such, currently.

madmax6688

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Activity: 215

Merit: 100

Quote from: findftp on January 21, 2015, 07:54:07 AM

Quote from: madmax6688 on January 21, 2015, 07:51:55 AM

Quote from: findftp on January 21, 2015, 07:20:00 AM

Quote from: madmax6688 on January 21, 2015, 06:03:52 AM

What main reasons are there against tinting coins? Why shouldn't we begin tinting coins, such as the ones from the bitstamp hack that ended up in an address for a little while.

Unless you can arrange it in a decentralized way, I'm against it.
There must be consensus about it because Bitcoin doesn't care about the 'rightful' owner of the coins.
He who owns the private key is the owner.

I know that bit, the part about ethics is where this comes into play. I doubt anything will come out of anything that is enough to convince top-level people to implement tinting coins but nonetheless it is an interesting topic to discuss.

But who would be the 'top-level' people? The developers?
The developers can only try to convince us to use a fork with tinting feature.
I will not use it and I think many will not.
If the majority will use it, I will have to join them I guess.

Could be Gavin Andreson or even Theymos (if he sorts out the forum first Wink

)
I guess it would be a "if majority votes for it it goes".

turvarya

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It destroys the currency. When there is a party, that can decide, that your Bitcoin can not be used anymore. This party will abuse this power.
Top-level users(what ever that is supposed to mean) are not superior ethical.
If you want to punish criminals, do it the old fashioned way, not by abusing the Bitcoin network.

findftp

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Delusional crypto obsessionist

Quote from: madmax6688 on January 21, 2015, 07:51:55 AM

Quote from: findftp on January 21, 2015, 07:20:00 AM

Quote from: madmax6688 on January 21, 2015, 06:03:52 AM

What main reasons are there against tinting coins? Why shouldn't we begin tinting coins, such as the ones from the bitstamp hack that ended up in an address for a little while.

Unless you can arrange it in a decentralized way, I'm against it.
There must be consensus about it because Bitcoin doesn't care about the 'rightful' owner of the coins.
He who owns the private key is the owner.

I know that bit, the part about ethics is where this comes into play. I doubt anything will come out of anything that is enough to convince top-level people to implement tinting coins but nonetheless it is an interesting topic to discuss.

But who would be the 'top-level' people? The developers?
The developers can only try to convince us to use a fork with tinting feature.
I will not use it and I think many will not.
If the majority will use it, I will have to join them I guess.

madmax6688

full member

Activity: 215

Merit: 100

Quote from: findftp on January 21, 2015, 07:20:00 AM

Quote from: madmax6688 on January 21, 2015, 06:03:52 AM

What main reasons are there against tinting coins? Why shouldn't we begin tinting coins, such as the ones from the bitstamp hack that ended up in an address for a little while.

Unless you can arrange it in a decentralized way, I'm against it.
There must be consensus about it because Bitcoin doesn't care about the 'rightful' owner of the coins.
He who owns the private key is the owner.

I know that bit, the part about ethics is where this comes into play. I doubt anything will come out of anything that is enough to convince top-level people to implement tinting coins but nonetheless it is an interesting topic to discuss.

madmax6688

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Activity: 215

Merit: 100

Quote from: WinVery.com on January 21, 2015, 06:22:17 AM

It would defeat the overall purpose.

Which is what in your eyes?

findftp

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Delusional crypto obsessionist

Quote from: madmax6688 on January 21, 2015, 06:03:52 AM

What main reasons are there against tinting coins? Why shouldn't we begin tinting coins, such as the ones from the bitstamp hack that ended up in an address for a little while.

Unless you can arrange it in a decentralized way, I'm against it.
There must be consensus about it because Bitcoin doesn't care about the 'rightful' owner of the coins.
He who owns the private key is the owner.

Gervais

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Quote from: madmax6688 on January 21, 2015, 06:19:50 AM

Quote from: Gervais on January 21, 2015, 06:18:34 AM

What are the main reasons for tinting coins? I don't see why coins should be marked in this way. What real benefits does it serve?

Somehow restricting criminal activity? I know, it's a tough thing to sell.

Who gets to decide what is criminal activity? I just can't see this being a good thing except to bitcoin haters who complain about the coin being used for criminality and drugs etc. All this will likely do is just hurt innocent people who happen to receive some dirty coins for whatever reason.

Topic: What main reasons are there against tinting coins? (Read 1079 times)