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RE: A possible scenario: The permissioned Lightning network

in #bitcoin7 years ago (edited)

do you think anonymous payments will be completely banned, or will people find workarounds?

People will always find workarounds ... the problem is that as long as the general population accepts being totally surveilled, there will only be criminals searching for the workarounds. I already see a trend here in Norway, things are gradually pushed in a direction where almost only criminals are using physical cash. Many politicians and business people are openly talking about getting completely rid of cash.

I believe it is very much important that we push on for using crypto currencies as a means of payment. I believe the "Bitcoin is good for store of value and big settlements, but not for payments"-sentimentality has been quite reckless, because the world is rapidly heading in a direction where payments are automatically deemed as criminal unless the amount and fully verified ID of the receiver and sender is recorded - while mass-adoption of crypto currencies as a means of payment may be just what's needed to nudge the development in a better direction.

"On the blockchain, nobody knows you're a fridge" - I'd love to give some crypto currency to a smart fridge and let it order more food on my behalf - but I'd absolutely not want to give my fridge authority to sign anything on my behalf.

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Amazing points! I have to say I’m 99% in agreement! The sheep are asleep. I feel like the ones fighting back even in bitcoin space are far and few. Many cheer governments getting involved even and they give argument that it gives bitcoin legitimacy. The only thing the government cares about is spying on us and knowing everything we do