Bitcoin Identity Data Base

http://news.softpedia.com/news/eu-plans-database-of-bitcoin-users-with-identities-and-wallet-addresses-506650.shtml

The link references Bitcoin but is exactly what is required for the digital currency system architecture I propose in this blog.  The absolutely known real identity of every single entity (person or corporate entity) that transacts with a digital currency.  That identity to be crypto protected but to be known when necessary in accordance with rules of law.  User identity to be linked to a universal single granular level entity identity used for all purposes to link persons and non-person entities to their real world associations.

Total Information.  Protected as necessary or required but known without exception subject to control.  By whom? That is the crux question of freedom and democracy.

The structure of the digital monetary system proposed in bits and pieces throughout this entire blog is a data base of digital dollars at the granular single dollar with a value of one maintained by the government or government chartered agency linked to the owner's account or accounts maintained by an authorized bank that in total equals the sum of all uniquely identified (IPv6) unit value digital dollars in the data base managed by the government or its agency. 

The uniquely identified debt free digital dollars with a unit value of one each in the government controlled data base never "move".   They are static records linked to changes in ownership as a function of monetary transactions between owning user accounts.

The total amount of all digital dollars in this national monetary system is equal to the revolving portion of the national debt.  That portion of the national debt that is our national saving that actually is in use for monetary transactions.  Maybe around 12 trillion dollars.  That is our gross national spending money.

Total Information:  At any given time it is exactly known what entity owns how much in their wallet account as well as which unique unit value dollars they are related to in the government digital dollar data base on an individual digital dollar level.  As transactions take place between accounts a block chain maintains the total history at both the unit dollar level in the government data base and owning accounts at the bank level. 

Every single uniquely identified digital dollar is traceable in block chain history from current owner entity to all past owner entity and between their related accounts and their block chain history at authorized system banks.  Associated transaction data such as time and location of transaction for example and perhaps specific item identification for items over a certain dollar value is also recorded.