Bitcoin is pseudonymous, but not exactly anonymous. A group of Cryptographers out of John Hopkins University are aiming to change that. The group, led by Professor Matthew Green, has been working on Zerocoin, a proposed Bitcoin extension that would increase Bitcoin’s anonymity.
As you would expect the Bitcoin world is abuzz with commentary and speculation about the consequences of the FinCEN paper. Some of the more interesting theories on its implications are below…
FinCEN’s guidance may lead to Bitcoin businesses being required to obtain separate money transmitter licenses in 48 states; a difficult and very expensive task. Payment Source.
Could FinCEN’s target be Bitcoin’s anonymity? Might they target Bitcoin mixing services? The Ümlaut.
The guidance may imply that every person who has ever had any virtual currency and exchanged it for ‘real’ currency can now be considered a money transmitter. The Bitcoin Foundation.
Part II examines the Voucher-Safe economy, trust, security and software.
This final part looks at Voucher-Safe’s interaction with Bitcoin, Issuers and OnionPay.
In an interview with RT’s Laura Smith conducted in Ecuador’s London embassy, Assange says that nearly everything everyone does online is permanently recorded as it is cheaper to spy on everyone rather than single people out.
“We have this position where as we know knowledge is power, and there’s a mass transfer as a result of literally billions of interceptions per day going from everyone, the average person … all the infrastructure has been built for absolute totalitarianism It’s just the matter of turning the key.”
The Keiser Report on Bitcoin, privacy and the counter-economy, true prices measured in gold, visualizing the world’s gold stock, a GoldMoney interview with Professor Pedro Schwartz and more.