“The authors are particularly concerned about the Bitcoin Payment Messages system scheduled for release along with version 0.9 of the cryptocurrency. That mechanism would allow merchants to request payment from customers, rather than simply providing them with an address to send payments to. Payments would be completed using digital certificates owned by the merchants, and would contain customer and merchant metadata linked to specific transactions. [The paper] worries that Bitcoin Payment Messages will make it possible – and therefore mandatory – to issue receipts, playing further into the hands of the regulators.”
Related posts:
Documenting "Detainee Treatment [sic for 'Torture']"
Krugman: Let's Just Print Funny Money
Betcha This Government Is Learning To Fear Its Serfs
This Graph Shows How Bad the Fed is at Predicting the Future
Glenn Greenwald: The Deep State Goes to War With Trump, As Democrats Cheer
Argentina’s Net Party Is Ready For The Revolution
Michigan's Allegan County Passes Anti-NDAA Resolution
UBS requires 'US persons' in Switzerland to renounce Swiss data protection law
One-Man Stand Against Police Checkpoints: Joe Draego
Newly Printed Bernanke Money Floods Manhattan
Homeland Security Using Video Games to Recruit Top Students as Cyber Warriors
6 Bitcoin Customers Confirmed for Virgin Galactic Space Flight
Encrypted chat service Cryptocat for iPhone rejected by Apple
Police Shoot Dog & Police Dept Says Case ‘Closed.’
Don’t Let the Fed Pick Your Pocket