Comment on Panama unveils bill to make Bitcoin legal tenderparentComments−woutr_be5yWouldn’t that be incredibly easy to circumvent? Just create a new address for each transaction?−jazzyjackson5ywith what money? the blockchain is the all seeing eye, if you move a penny from one wallet to another, that wallet gets blacklisted too. (not to mention you eat the transaction fee every time you try it!)−jstanley5yIf that's really how it works, then you can get everyone's addresses blacklisted by just sending tiny amounts of money to them.−jazzyjackson5y…you got me there! probably not a smart thing to automate, but I’m sure they will try−qecez5yTransactions on Bitcoin's layer 2 (the Lightning Network) are extremely private and there's no way to blacklist anything.
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Wouldn’t that be incredibly easy to circumvent? Just create a new address for each transaction?
with what money? the blockchain is the all seeing eye, if you move a penny from one wallet to another, that wallet gets blacklisted too. (not to mention you eat the transaction fee every time you try it!)
If that's really how it works, then you can get everyone's addresses blacklisted by just sending tiny amounts of money to them.
…you got me there! probably not a smart thing to automate, but I’m sure they will try
Transactions on Bitcoin's layer 2 (the Lightning Network) are extremely private and there's no way to blacklist anything.