I don't believe it is a honeypot, just a fundamental limitation for a distributed protocol.
This is why I think in the long run a true blinded-signature form of ecash is essential. Handle distribution by having millions+ of issuers, independent, and then meta-currencies and realtime exchanges, just like real life, not a single distributed currency.
I also think trusted computing is an essential component to safely handling money which is fully anonymous, irrevocable, and for meaningful amounts, which is why I've been working on that kind of stuff for a while. Sadly we're still a few years off from practical currency-handling trusted computing, and probably a decade from practical general-purpose trusted computing, but once people can genuinely trust their devices to not be subverted, things will be vastly more awesome.
Zerocoin remains an option, but it is complex (I like simple), and difficult to implement. I didn't even think it was possible until Matt Green et al published; blinded signatures, on the other hand, are awesome, but fairly straightforward.
This is why I think in the long run a true blinded-signature form of ecash is essential. Handle distribution by having millions+ of issuers, independent, and then meta-currencies and realtime exchanges, just like real life, not a single distributed currency.
I also think trusted computing is an essential component to safely handling money which is fully anonymous, irrevocable, and for meaningful amounts, which is why I've been working on that kind of stuff for a while. Sadly we're still a few years off from practical currency-handling trusted computing, and probably a decade from practical general-purpose trusted computing, but once people can genuinely trust their devices to not be subverted, things will be vastly more awesome.
Zerocoin remains an option, but it is complex (I like simple), and difficult to implement. I didn't even think it was possible until Matt Green et al published; blinded signatures, on the other hand, are awesome, but fairly straightforward.