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by lalc
4690 days ago
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>Any legitimate business accepting payment in bitcoins can only receive bitcoins from other registered addresses, else they are black flagged and no longer a registered address. This particular implementation wouldn't actually work. Anyone can send BTC to any address, so it would be easy to poison the well. (But I suspect some similar scheme could be feasible. You might be able to enforce the rule on BTC->$ withdrawls? I wonder about mixers, though.) |
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You could easily have software that would automatically turn over to the government any coins sent from addresses that are not registered. It's like if you found a briefcase full of money: you'd turn it over to the police (or maybe you wouldn't, but that's what you should do). With software, it could just be automatic.
If you refuse to run software that does this, or you don't turn over coins received from blacklisted sources within some period of time, you get blacklisted.