00:01Every single Bitcoin now in existence can be traced back.
00:05It's as if you have like a 10 euro banknote
00:09and on the back of that 10 euro banknote
00:11you see a nice list showing everyone before you who owned that.
00:15What could possibly be the negative consequences of this?
00:18How about innocent people getting falsely accused
00:22because they happen to have received money from somebody
00:26who unbeknownst to them was involved in something that was not very good.
00:31Everything about all of us is recorded all the time.
00:34It's done in the name of security
00:36but unfortunately if you push that line too far
00:40you cease to become an open and free society.
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