“Waters expects tensions. With Coin Validation, he’s proposing a centralized tracking system that he knows won’t sit well with some hardliners in the community.  ‘The existing Bitcoin community will find this very controversial from a privacy perspective. But it’s simple, straightforward and opt in,’ says Waters. Bitcoin businesses will opt in to the system, and customers that don’t want to be in the database would need to not use those businesses.  He predicts in the future that every user will have at least one address that’s self identified, ‘or at least every user who wants to do business in the U.S.'”

http://www.forbes.com/sites/kashmirhill/2013/11/13/sanitizing-bitcoin-coin-validation/print/

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