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Potential issues with anonymous currency include money laundering and assassination markets.
by tba 15y ago
Potential issues with anonymous currency include money laundering and assassination markets.
- gwern 15y agoLink for those not familiar: http://en.wikipedia.org/wiki/Assassination_market http://en.wikipedia.org/wiki/Assassination_market Personally, I think assassination markets could be a net benefit (think of the bounties on someone like Kim Jong-Il), but then, I like them enough that I write stories about them so I'm biased: http://www.gwern.net/fiction/The%20Ones%20Who%20Walk%20Towards%20Acre http://www.gwern.net/fiction/The%20Ones%20Who%20Walk%20Towar...
- borism 15y agothink of the bounties on someone like Kim Jong-Il Now think of the bounties on average folks like you and me in comparison. That's right, our lives will instantly be worth pennies and there'll instantly many folks around with incentive to murder.
- Unseelie 15y agoPennies is a bit extreme. The risk in the enterprise is pretty high, expert assassins rare, and amatures likely to get caught. While an expert assassin may take a job on a random Joe for on the order of a hundred dollars, an amateur with any sense will not, and therefor the price will be rather high. And, even if assassinations of pedestrians becomes realistically common..On the order of car crash mortalities, its at least a cause of death that may make people consider how they act toward one another.
- 5l 15y agoRight, because only bad people get assassinated.
- tba 15y ago"think of the bounties on someone like Kim Jong-Il" Did you ever think of the bounties on anyone inconvenient to governments or big businesses? The founders of The Pirate Bay, Julian Assange and Bradley Manning, BP whistleblowers, environmental activists and climate scientists – would society be better off with them all dead?
- gwern 15y agoOne Kim Jong-Il is worth all of Pirate Bay combined, and heck, throw in Assange & Manning as well (they've informed the public, helped out the historians a lot, and caused some irritation, but I see few concrete changes to stack up against hundreds of thousands of dead). So, yes, I did think of the inconvenient people.