From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 58D4C955 for ; Tue, 21 Jun 2016 22:50:47 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-qk0-f180.google.com (mail-qk0-f180.google.com [209.85.220.180]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id BF63619B for ; Tue, 21 Jun 2016 22:50:46 +0000 (UTC) Received: by mail-qk0-f180.google.com with SMTP id a186so42519288qkf.0 for ; Tue, 21 Jun 2016 15:50:46 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:references:in-reply-to:from:date:message-id:subject:to; bh=zudmOPKvCKCUqYbJogfA7EcddUEWLdL06dmZNab5U0g=; b=bTSGWD4hzTdUpr6gcxOkfLkh4DYn8vFQvSq1+FXEvqD8sVHGy69VjpXfMmGQZR5mGJ TLbroRHgaJBa8ycATTBR0tQUIKC947oacFcPGrqCED7FYTyINH17Ui7ZgsrXbfKfXexH Fb6PUPfQe9RIwvXsjnxN0ntDBwvpt+dODTufJv4trXV54GXzvTLq08/tisSuRBm8Hrlj SbI6WdsqnkT3TfkD/QEMIuKUmrbveFy2FF4ztlurDadJpHBc5vb5OhmAgiVOyNaEQlIy cCO1frAchNvqu6rNyn3/yBPXRI+Z61EFF1Qv/IhqhTvKWn1pLV37lz9PaNLPVXhdPz+b 6PEA== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:references:in-reply-to:from:date :message-id:subject:to; bh=zudmOPKvCKCUqYbJogfA7EcddUEWLdL06dmZNab5U0g=; b=hhGtcYB5McYgnTQP+Aq2D+yWKiltBfMXGqeBXeSylIw9jk3R7jx31bw+5RSs6Z2dNc zJum5q0MSt3MlST7LoYwW4Hvid6SBTqghwV1qE+rcPfoFGYs6hX2xy6nLbi6ZxHeYHJ2 vKGLtQAt+EU9LCLvWLYq3DZIkGtxlmQ5TT7+R0ggj+VmRDGQXQeDlwj6885/JlAofRWV v2nkNPf1eh9o23hilY2pedXqyLS1WudQuy8w4+MCu2ElLC5Ou0ZP+jbG+s+u0EmAumlG s5WVHKcY0rVbROuwOiaiUtMLcpoyUqHFhtW21ZVDLHSbK8Ea2DdN4FfZIp+IRlDtg4JT nTsQ== X-Gm-Message-State: ALyK8tIS6qES97vVPXUzNBPxgHWCOgon5xasiD8xquES7TH807ArmD6C46lFV+l9yzHT3vsRRdh81C7Azk/2rw== X-Received: by 10.55.160.132 with SMTP id j126mr32244534qke.108.1466549445969; Tue, 21 Jun 2016 15:50:45 -0700 (PDT) MIME-Version: 1.0 References: <20160621221347.GC10196@fedora-21-dvm> In-Reply-To: <20160621221347.GC10196@fedora-21-dvm> From: James MacWhyte Date: Tue, 21 Jun 2016 22:50:36 +0000 Message-ID: To: Peter Todd , Bitcoin Protocol Discussion , Erik Aronesty Content-Type: multipart/alternative; boundary=001a114fca4ac5cdb60535d1a611 X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] Even more proposed BIP extensions to BIP 0070 X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 21 Jun 2016 22:50:47 -0000 --001a114fca4ac5cdb60535d1a611 Content-Type: text/plain; charset=UTF-8 > Note that "client supplied identification" is being pushed for AML/KYC > compliance, e.g. Netki's AML/KYC compliance product: > > > http://www.coindesk.com/blockchain-identity-company-netki-launch-ssl-certificate-blockchain/ > > This is an extremely undesirable feature to be baking into standards given > it's > negative impact on fungibility and privacy; we should not be adopting > standards > with AML/KYC support, for much the same reasons that the W3C should not be > standardizing DRM. > > KYC isn't the only use case. There are other situations in which you would want to confirm who is sending you money. Making it *required* would of course be a horrible idea, but allowing people to identify themselves, in many cases with an online-only identity that isn't tied to their real world identity, will be very useful to newly-developing use cases. --001a114fca4ac5cdb60535d1a611 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable

Note that "client supplied identification" is being pushed fo= r AML/KYC
compliance, e.g. Netki's AML/KYC compliance product:

http://w= ww.coindesk.com/blockchain-identity-company-netki-launch-ssl-certificate-bl= ockchain/

This is an extremely undesirable feature to be baking into standards given = it's
negative impact on fungibility and privacy; we should not be adopting stand= ards
with AML/KYC support, for much the same reasons that the W3C should not be<= br> standardizing DRM.


KYC isn't the only use = case. There are other situations in which you would want to confirm who is = sending you money. Making it *required* would of course be a horrible idea,= but allowing people to identify themselves, in many cases with an online-o= nly identity that isn't tied to their real world identity, will be very= useful to newly-developing use cases.
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