<oembed><type>rich</type><version>1.0</version><author_name>npub12tjaqer27049ejmvf0f3yd7kq6p93gg6ecavgrczge4rlzf59y5q2pye9h</author_name><author_url>https://nostr.ae/npub12tjaqer27049ejmvf0f3yd7kq6p93gg6ecavgrczge4rlzf59y5q2pye9h</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2016-06-21&#xA;📝 Original message:&gt; Note that &#34;client supplied identification&#34; is being pushed for AML/KYC&#xA;&gt; compliance, e.g. Netki&#39;s AML/KYC compliance product:&#xA;&gt;&#xA;&gt;&#xA;&gt; http://www.coindesk.com/blockchain-identity-company-netki-launch-ssl-certificate-blockchain/&#xA;&gt;&#xA;&gt; This is an extremely undesirable feature to be baking into standards given&#xA;&gt; it&#39;s&#xA;&gt; negative impact on fungibility and privacy; we should not be adopting&#xA;&gt; standards&#xA;&gt; with AML/KYC support, for much the same reasons that the W3C should not be&#xA;&gt; standardizing DRM.&#xA;&gt;&#xA;&gt;&#xA;KYC isn&#39;t the only use case. There are other situations in which you would&#xA;want to confirm who is sending you money. Making it *required* would of&#xA;course be a horrible idea, but allowing people to identify themselves, in&#xA;many cases with an online-only identity that isn&#39;t tied to their real world&#xA;identity, will be very useful to newly-developing use cases.&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20160621/6984221f/attachment.html&gt;</html></oembed>