Its easier than you might think.  They want it already and are just waiting for the solution.
Multinational Corporations have come to me looking to answer this problem.  Some are already doing it.  
Monero is still too immature, not enough liquidity yet, and the MNC decision cycles are not short, but if CryptoNote continues on the current path, it is the best contender yet for new entrants from that constituency.

Why is a more private crypto currency desirable by some?

First, Monero isn't anonymous.  It does provide some privacy enhancements which are necessary for certain real world applications.  I respect that you have no need for these privacy features.  However consider this:

Multinational corporation with offices in 100+ countries that earns money in some and loses in others.  The new locations are funded by the successful ones overseas.  There are a few thousand of these corporations globally.  They all have the challenge of international settlement and would deeply benefit from a crypto currency that would allow them to do this.

They won't use Bitcoin because it hasn't the privacy they need innately.  They could get the privacy they need with Bitcoin, but doing that requires a level of expertise and care that makes it prohibitive for them to delegate to low level functionaries around the world.

Why do they need privacy?  Because they are competitive enterprises.  Bitcoin public block chain is easily inspected and easily deconstructed.  The MNC's competition can see what direction they are going and that provides an advantage to the competitor of those that would use Bitcoin for this purpose.

CryptoNote provides this privacy innately.  Consider the users of CryptoNote's first implementation.  These weren't dark net illicit scoundrels, they were business people.  The MNC is the sweet spot for crypto currency.  There is 1000x more money in use there than the illicit trade, it moves faster, and it is what the world today is built upon.

There may never be a purely anonymous coin, or at least not more anonymous than PMs already are.  Were one created it might provoke overwhelming response from TPTB.

Some suggest MNCs are the devil, but when you have people in different countries working toward common goals, those nations have good reasons not to fight.  So maybe you don't care, but maybe you live in a country that might be in a war but isn't because of this sort of trade.  Wars suck, less of these, please.  This fact is the reason for one of those other weird alt coins, created by that little dev team, the ECB (The EURO).

"If goods don't cross borders, armies will" - Frederic Bastiat (probably)

Does Monero have the ability to create world peace?  No, but it is a step in the right direction.  A small, but important one.  Do not underestimate it.

Yes.  It takes a lot of work, ad hoc multisig wallet creations.  Doing it multiparty even worse as then it takes OOB comms and trusts.  Total PITA.

I can't speak to what bitcointalk cares about or not.
But accurate criticism is always welcome.  So I'd encourage BCX to bring it on.

When there is a disagreement, that is a good thing.  A reasoned argument is welcomed.  It means that at least one of us is going to learn something.  On days where I teach someone something that is a good day, but days that I learn something are the best.  I am hoping for a very good day from this.

CryptoNote / Monero
Bitcoin is not anonymous, but with some 'best practices' it can have a good measure of privacy making it difficult to penetrate.
Monero is also not anonymous, but what it does is automates those best practices into the protocol making them the default transaction type.  It makes the best security practices of using Bitcoin into all transactions using Monero.  It also goes a bit further and makes this all pretty easy for the users to not screw up, making these best practices so simple and easy that it could be delegated to a low level employee at a corporation.

"Corporation?  I thought all this privacy was so illegal things could be done?"  Maybe someone thinks that, but a much bigger untapped market is the corporate use for internal multinational settlement.  Bitcoin would be great for this, but corporate competitors would be able to see the transactions and know what their competition is doing when they send funds from division A in Singapore to division B in India.  The competitor sees this in the block chain and maybe gets involved in India as well.  So the corporation wouldn't use it for that purpose without doing all the complicated privacy things.  Doing that with Bitcoin is too hard for them to delegate to people all over the world.  Monero solves this problem.

This is a market 1000x as large as all your dark market illicit trading.  It takes what would otherwise be hard, to the point of untenable, and makes it easy and viable.  This opens a new frontier in how crypto currencies may be safely used, and brings some of the larger interests to our side of the table rather than being disinterested or opposed to our ideas.

Like BCX, when I was 2 hours into analyzing Monero, I also thought it was full of holes.  I also thought so 2 days in.
Having looked further over the last few months, bought a bit, run the miners and experimented with it a bit more, I found that increasingly I am liking the solutions to what initially appeared as problems.

The highly dynamic difficulty retarget problem / fast retargeting.  The problem this is meant to solve can be a major issue for alt coins due to the prevalence of multipools which switch coins swiftly with a lot of hash power.  When adding a little bit of intention, these can leave a dynamic retargeter high and dry with high difficulty and insufficient mining to achieve a block within a reasonable amount of time.  The Cryptonote solution is fairly simple and elegant.  That said, it may be improvable, and I await the critique with some eagerness.

More than once though, when looking at Monero I thought "Oh they messed up, they have this problem" only to later see that it wasn't one.

XMR/Monero is also a CPU coin by design.  This design is likely to keep it decentralized for a good long while, and further reduces the risk presented by the dynamic difficulty re-targeting.

Which is, of course, the polar opposite of anonymity.

Some of us read them with great interest.  Especially when you write something with which I disagree.  Often however I agree, but not always.

Constructive criticism, by someone who is well meaning in that you really want to make the crypto currency project work, is difficult to hear for many reasons. 
People may disagree because they disagree with an assumption, or a conclusion, or because they have a vested interest in the conclusion being wrong.  In any of these, we have the opportunity to learn something.  In a disagreement, typically at least one side is wrong and can get corrected.  The other side, the side that was right, also gets to learn something as they have the opportunity to refine the message and delivery and also have the opportunity to have that discussion in public where the elements of the arguments are made plain.

At a certain point, we run out of time explaining, and need to move past the [problem identification and discussion] and into [problem solution].

Bears repeating:
"Science is the belief in the ignorance of experts." - Richard Feynman

Anything can always fail and drop to nothing.
Its just very very unlikely
More likely the fiat currency that you are measuring it against will pop like a balloon and it will go to infinity in that currency.
That happens all the time, and there is no governance on central banking like there is on the bitcoin protocol.

Monero is actually a Very interesting innovation, but the BTC/USD thread is just not the place to discuss it.

This might be useful to others as well so...


Yes, like the Bitcoin Specie.  BTC payment or Chase Bank Deposit (now requires ID presented to teller).

The special this month is for the 1oz 2005 and 2006, and Bitcoin Specie bulk orders.  I have a variety of others that I have on offer at 10% below Liberty Dollar Encyclopedia prices.  If there is anything you want or want me to put together an assortment to match a desired amount to spend let me know.

I think it is an attack on the economics of decentralization.  Are there more than one way this is true?
Decreasing the "luck" of the pool to get more to join a "luckier" pool increases centralization (and also the effectiveness of this attack).

It is a kin to dumping a product to market under cost to get market share.
The WBA gets nothing for a lost resource to increase the market share of the luckier competitors.

if only there is a way to send a known winning nonce to each suspicious miner to verify they are WBA, you would have incontrovertible proof in the monotoring.

debate is anti-science.... hmm

Bill nye does a fine job beating these folks up usually.
It should ultimately be persuasive as evidence tends to point to the truth.
By not talking about it, it cements the beliefs as they are.
Not sure that is better.  It seems like giving up.

What is purchasable and for how much is the http://coldhardca.sh tool, but for those that want to join the bulkorder, they get a discount.
The other current offers are always kept on the first page of this thread.

You're right though.. of course.  I forget how not everyone reads javascript..,  :0

The discount is that you get automatically bumped into the next better premium rate.  So ordering in qty 20 would normally get you a premium of 0.25, instead you would get 0.225 (22.5% over silver price so about US$4)

Here's the code on the site, if that makes more sense to some of you.  Basically though, your premium is still dependent on quantity ordered, but is just better.  For July, if you join in the bulk order.

if (qty < 10)
         premium = agrate * 0.365;
      else if (qty < 20)        
         premium = agrate * 0.30;
      else if (qty < 60)        
         premium = agrate * 0.25;
      else if (qty < 100)        
         premium = agrate * 0.225;
      else if (qty < 200)        
         premium = agrate * 0.2;
      else if (qty < 500)        
         premium = agrate * 0.175;
      else if (qty < 1000)        
         premium = agrate * 0.15;
      else if (qty < 2000)        
         premium = agrate * 0.14;
      else if (qty < 5000)        
         premium = agrate * 0.13;
      else if (qty < 10000)        
         premium = agrate * 0.12;
                else if (qty < 20000)
                        premium = agrate * 0.1;
                else if (qty < 50000)
                        premium = agrate * 0.075;
      else if (qty >= 100000)        
         premium = agrate * 0.05;
      return premium.toPrecision(5);

Its called concern trolling.  Claiming to be worried that something isn't getting its proper attention.  If you have a question for "senior members" please realize that there isn't such a collective unit.  Ask the individuals.  Some might agree with you, but these people are not all of the same mind and all against you as you are claiming. 

On the internet, you are much more likely to get a dissent than an agreement.   Folks that agree will nod and read the next post.  Those that disagree might more likely say so.

To Start it off.

Lets do a group bulk order.

We will do this for all paid orders in the first three weeks July to be shipped at the end of July.
Every order will get the next higher premium discounted pricing.

If you put in an order and don't want to wait and get the discount that is fine as well.

In the bulk order.
Send orders via PM or the email in the profile of this account.
If you need a quote and don't understand the pricing the normal pricing is on http://coldhardca.sh


Also, as you may know we do take payment in other silver and gold.  We are expecting to receive a sizable payment in Original Liberty Dollars, 2005, 2006.  So let us know if you are looking for any of these as well.  For the month of July they are priced as Bitcoin Specie.  That's a bargain!  Thank you California.  Our legal team have confirmed that the ruling applies to us, so back in business.  I was not looking forward to the move back to Las Vegas just to keep this going.

Thank you to all of you who are participating in this project, please accept our apology for going quiet during this time of political advocacy on AB 129.

Having mentioned the one that you are already aware of and is public knowledge will have to be sufficient for this media.
Discussing past malicious acts is fine.
Discussing "theoretical" future crimes treads the line of conspiracy in many jurisdictions.  Folks know me and how to find me.  I'm not eager to do that in any public forum, nor ought you be.
Let it suffice that there are attack vectors using mining concentration.  I suspect you may be as aware of some of them as I, if you look at it critically.

That the current concentrators are eminently honorable and not presently subjected to coercive forces is nice, like a sunny spring day... but that is not to imagine that it won't sometimes rain.  It remains a systemic threat that smart folks are working on resolving in many ways.  I think they are not wasting their time.

A.A. also publicly dismisses and minimizes these threats.  I respect his position, but my own is very different from his.  I am less concerned with speedy adoption, and more with getting it as right as we can ahead of that and looking at it holistically.  With the prospects of "darker" more private coins, the discovery of malfeasance is increasingly difficult.

I tend to think that adoption will happen in its own time now anyway.  All the opposition are their own worst enemies.  Adoption is inevitable, excellence is what takes and deserves the effort.

The systemic incentives are opposite though.  Where PoW encourages decentralization, PoS encourages centralization.

LOL... or is it?

Big fish in a lot of little pools...