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Author: Adam B. Levine
Date:  
To: System undo crew
Subject: Re: [unSYSTEM] Coinbase Class 2 Accounts
Verifiable identity is what's important for commerce, whether or not it's
tied to your real name and social security number is another matter
entirely. One of the most interesting things about cryptocurrencies is
they allow you to have verifiable, psuedononymous identity in the form of a
bitcoin address. With a minimum of safeguard, you can have these
identity/addresses disassociated from your "real" identity, and yet you're
able to verify you control them and thus are the controller with a simple
VPN guarded transaction.


To a point, I actually agree - Anyone choosing to operate a Bitcoin
business in the united states knows what they're getting into, or has
already lost the game. The technology is the easy part, it's the jumping
through of hoops, and enormous in-advance-of-open liability bonds that
cause the trouble

Adam B. Levine
Editor-in-Chief
Let's Talk Bitcoin! <http://www.letstalkbitcoin.com>
1-855-WETALKBITCOIN Ex.700
[image: Inline image 2]
Talk to me on Gli.ph, my preferred communications platform


On Thu, Jul 11, 2013 at 8:36 AM, JINDQ1 <jindq1@???> wrote:

> I'd love to mock them (because it's easy), but if you want to play the
> game created by old dudes who still think IP address = single person,
> you'll have to follow all the rules.
>
> The real question is, is being anonymous good for society? I haven't seen
> a single benefit of anonymity (lacking any verification documents) that
> isn't highly outweighed by it's ability to enable abuse. Human beings may
> be nameless, but they're not non-quantifiable. Is there a way to remove the
> names and keep the verifiable quantity that doesn't make the libertarians
> twitch and squirm?
>
> Matthew
>
>
>
>
> Sent from my Samsung Galaxy Tab
>
> Cody R Wilson <codywilson@???> wrote:
> Thought I'd just mark the occasion. Coinbase is now requiring identity
> documents to verify class 2 account holders.
>
> Glorious compliance!
>
> --
> Sincerely,
>
> Cody R. Wilson
> codywilson@???
>
> The University of Texas School of Law
> Class of 2014
>
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>