“Regulators in the US and possibly other countries are waiting for such a database to exist so that they can require all companies in their jurisdiction to only accept payments from customers whose identities can be fully tracked. Matt Mellon, Alex Waters, and Yifu Guo are apparently willing to build it for them. Now you know who to thank for selling out your financial privacy.  Note how badly it damages the value of a Bitcoin balance. Do you currently care about the complete history of every physical currency note you carry in your wallet? What if stores would suddenly reject your cash because two years ago someone you never even met used in the commission of a crime?”

http://bitcoinism.blogspot.com/2013/11/is-it-time-to-boycott-all-us-bitcoin.html

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