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rocksolid / Security / Bitcoin might soon be declared illegal

SubjectAuthor
* Bitcoin might soon be declared illegalGuest
`* Re: Bitcoin might soon be declared illegalGuest
 `* Re: Bitcoin might soon be declared illegalAnonymous
  `- Re: Bitcoin might soon be declared illegalGuest

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Subject: Bitcoin might soon be declared illegal
From: Guest
Newsgroups: rocksolid.shared.security
Organization: RetroBBS II
Date: Thu, 22 Mar 2018 12:55 UTC
Path: rocksolid2!.POSTED.localhost!not-for-mail
From: gue...@retrobbs.rocksolidbbs.com (Guest)
Newsgroups: rocksolid.shared.security
Subject: Bitcoin might soon be declared illegal
Date: Thu, 22 Mar 2018 12:55:08 +0000
Organization: RetroBBS II
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https : / / w w w theguardian.com/technology/2018/mar/20/child-abuse-imagery-
bitcoin-blockchain-illegal-content


Child abuse imagery found within bitcoin's blockchain

Researchers discover illegal content within the distributed
ledger, making possession of it potentially unlawful in many
countries

Samuel Gibbs

Tue 20 Mar 2018 12.25 GMT

German researchers have discovered unknown persons are using
bitcoin's blockchain to store and link to child abuse
imagery, potentially putting the cryptocurrency in
jeopardy.

The blockchain is the open-source, distributed ledger that
records every bitcoin transaction, but can also store small
bits of non-financial data. This data is typically notes
about the trade of bitcoin, recording what it was for or
other metadata. But it can also be used to store links and
files.

Researchers from the RWTH Aachen University, Germany found
that around 1,600 files were currently stored in bitcoin's
blockchain. Of the files least eight were of sexual content,
including one thought to be an image of child abuse and two
that contain 274 links to child abuse content, 142 of which
link to dark web services.

"Our analysis shows that certain content, eg, illegal
pornography, can render the mere possession of a blockchain
illegal," the researchers wrote. "Although court rulings do
not yet exist, legislative texts from countries such as
Germany, the UK, or the USA suggest that illegal content
such as [child abuse imagery] can make the blockchain
illegal to possess for all users."

"This especially endangers the multi-billion dollar markets
powering cryptocurrencies such as bitcoin."

While the spending of bitcoin does not necessarily require a
copy of the blockchain to facilitate, some processes, such
as some mining techniques, require the downloading of the
full blockchain or chunks of it.

"Since all blockchain data is downloaded and persistently
stored by users, they are liable for any objectionable
content added to the blockchain by others. Consequently, it
would be illegal to participate in a blockchain-based
systems as soon as it contains illegal content," the
researchers wrote.

Since mining is essential for the function of bitcoin, as
the process records the transactions into the blockchain to
verify trades and generates new bitcoin in the process,
having illegal content such as child abuse imagery within
the blockchain could cause significant issues for the
currency.

"We anticipate a high potential for illegal blockchain
content to jeopardise blockchain-based systems such as
bitcoin in the future," the researchers wrote.

This is not the first time warnings over the ability to
store non-financial data within the blockchain have been
issued. Interpol sent out an alert in 2015 saying that "the
design of the blockchain means there is the possibility of
malware being injected and permanently hosted with no
methods currently available to wipe this data".

The agency warned that the technology could be used in the
"sharing of child sexual abuse images where the blockchain
could become a safe haven for hosting such data".

But this is the first time such content has been shown to
actually exist, creating a moral and legal quandary around
possession and the blockchain.
Posted on RetroBBS II


Subject: Re: Bitcoin might soon be declared illegal
From: Guest
Newsgroups: rocksolid.shared.security
Organization: RetroBBS II
Date: Thu, 22 Mar 2018 13:09 UTC
References: 1
Path: rocksolid2!.POSTED.localhost!not-for-mail
From: gue...@retrobbs.rocksolidbbs.com (Guest)
Newsgroups: rocksolid.shared.security
Subject: Re: Bitcoin might soon be declared illegal
Date: Thu, 22 Mar 2018 13:09:24 +0000
Organization: RetroBBS II
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While I would not doubt that illegal material was introduced
to the blockchain by government agencies, I would doubt it
would lead to prosecutions for possesing it because Usenet
providers and others would feel threatened. There would
hopefully be enough data providers (that end up with illegal
content on their servers) that would fight a law.

There are probably many plans now to try to interfere with
Bitcoin, but I'm not sure this one will go the direction the
article brings to attention. Posted on RetroBBS II


Subject: Re: Bitcoin might soon be declared illegal
From: Anonymous
Newsgroups: rocksolid.shared.security
Organization: RetroBBS II
Date: Fri, 23 Mar 2018 01:59 UTC
References: 1
Path: rocksolid2!.POSTED.localhost!not-for-mail
From: retro...@retrobbs.rocksolidbbs.com (Anonymous)
Newsgroups: rocksolid.shared.security
Subject: Re: Bitcoin might soon be declared illegal
Date: Fri, 23 Mar 2018 01:59:57 +0000
Organization: RetroBBS II
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While I agree that the general cause is not easily
foreseeable, this news also implies that every individual
bitcoin user can be prosecuted for cp now. This comes in
very handy for the lea, because it gives it a lot of options
that would otherwise not have been present.
Posted on RetroBBS II


Subject: Re: Bitcoin might soon be declared illegal
From: Guest
Newsgroups: rocksolid.shared.security
Organization: Dancing elephants
Date: Sun, 8 Apr 2018 00:27 UTC
References: 1
Path: rocksolid2!.POSTED.10.128.12.155!not-for-mail
From: gue...@retrobbs.rocksolidbbs.com (Guest)
Newsgroups: rocksolid.shared.security
Subject: Re: Bitcoin might soon be declared illegal
Date: Sat, 07 Apr 2018 20:27:44 -0400
Organization: Dancing elephants
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All crypto became illegal in India this week April 18 with
30 days divesting.  I gave up on crypto after egold got
shutdown (see Wikipedia) in 2009.

  Just some coincidences after:

1.  Elon Musk (paypal biggest competitor of egold) opened
Tesla factories in California (the original complainer) and
Netherlanders (the host of egold was in Dutch Caribean).

2.  Introduction of BitCoin 2010.
Posted on: def3.i2p


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