[ZeroCoin]

Well then all of the worries about this child-porn being in the blockchain are warrantless.

You could create a link to child-porn from this very comment I just posted using the right cipher. I am sure of it.

[gizmo686]

What if A) your comment was preserved as a part of the block-chain that could not be removed without doing serious damage to bitcoin. And B) the cipher you are using is a publicly known cipher recognized as the standard way of encoding data into the block-chain.