Well, but how do you distinguish between terrorists and law-obedient serfs of other governments? French or Japanese serfs have no US tax ID. A coordinated attack by FATF? Any country which doesn't implement registration ends up on a black list? Or it doesn't matter much, because bitcoin is used mostly for hodling, and no one cares about a few angry foreign weirdos who cannot pay by BTC in US, or few importers/exporters?
Then there is Lightning: the recipient has no was of knowing the origin of the funds. You would need to be drastic here, cutting the network in two. An US entity is only allowed to have channels with other US entities, and all the funding of those channels must come from registered wallets. Again, FATF or some other international cooperation could help a lot, so the walled garden includes say whole OECD, not just USA.
xmrk ₿ ⚡️ /
npub1zu…2qhzy
2023-07-01 19:44:46
in reply to nevent1q…lttx
Author Public Key
npub1zues2p7qdajk9hv7xn5ldntj3pufzl3jwzwa4dhlavxdkj27g92q62qhzyPublished at
2023-07-01 19:44:46Event JSON
{
"id": "00002135353f913989cea261237e0f731a551076a1d6735c3b1dc279d9060a09",
"pubkey": "17330507c06f6562dd9e34e9f6cd728878917e32709ddab6ffeb0cdb495e4154",
"created_at": 1688240686,
"kind": 1,
"tags": [
[
"p",
"98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
],
[
"e",
"8013514cf20ad3192e8b31dbf2cc76de4766f18660f65bcfd3555071bd8f2839",
"wss://nos.lol/",
"root"
],
[
"nonce",
"3074457345618271306",
"16"
]
],
"content": "Well, but how do you distinguish between terrorists and law-obedient serfs of other governments? French or Japanese serfs have no US tax ID. A coordinated attack by FATF? Any country which doesn't implement registration ends up on a black list? Or it doesn't matter much, because bitcoin is used mostly for hodling, and no one cares about a few angry foreign weirdos who cannot pay by BTC in US, or few importers/exporters?\n\nThen there is Lightning: the recipient has no was of knowing the origin of the funds. You would need to be drastic here, cutting the network in two. An US entity is only allowed to have channels with other US entities, and all the funding of those channels must come from registered wallets. Again, FATF or some other international cooperation could help a lot, so the walled garden includes say whole OECD, not just USA. ",
"sig": "77bf675d7212eadf20ee57d8f3c2a8dab4bdee41d4353bd0d86c110870842739bfa8523264ea2987fa5f607e3f3c1667d2ecb667ae2846ab799262ea54393b5e"
}