OFAC might add Bitcoin *addresses* to the sanctions lists like they would add people or governments! https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_compliance.aspx#vc_faqs …
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This could create perverse incentives to use
@zcashco or other privacy coins: Presumably OFAC will be able to ID bitcoin and non-private blockchain addresses but not private ones. Therefore, companies for whom it's difficult to comply will just support private chains instead.11 replies 11 retweets 23 likesShow this thread -
Replying to @msantoriESQ @zcashco
I don’t think that’s a perverse incentive. I think it’s just and incentive.
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Tend to agree, what would make it perverse?
5:00 AM - 22 Mar 2018
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