DeepOnion will have an essential ingredient: transparency with the option to send cloaked payments. All this within the same wallet and the same token. That is truly something new.
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it will be the best digital payment system ever known to man...
On that note, I foresee that exchanges will morph into banks (or banks morph into or move towards exchange functions) creating payment gateways on top of cryptocurrency systems and also cryptocurrency card providers slowly but surely building up a secondary payment layer, first between users of the same card (Monaco is going to offer this), later between cryptocurrency credit card providers themselves. But the option to work outside of all these additional layers remains. That is the power of it all.
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Bitcoin is the beginning of the post-tax world, it's that simple. Bittorrent destroyed copyright (which was dying already), and Bitcoin will eventually destroy the concept of taxes altogether. This isn't such a great problem: we'll just have to pay for services directly instead of how it works now.
Essential wisdom. Governments better take heed.
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Is there a github to track progress ?
I think that will only come once the initial version of the software is released. The project is still in its infancy, so let the team do its magic in releasing a proper 1st version.
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This seems to be the safe option to assume: Kind of rhymes with my guess on reachting $24xxx
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*Wekkel wonders when the 4rd Airdrop - that will also never come - will be announced*
How much fail can a project encounter?
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Since DeepOnion is in tor network and completely anonymous and all that cool stuff, what do you guys think about that will it be used in some "criminal" activity? I mean probably if someone wants to sell guns and drugs with onions that would pump up the price Not that I hope that drugs would be sold but at the same time all price rises are welcomed No one wishes a price increase because of criminal activities but if people want to carry out criminal activities, they will find a way. Personally, I think they would switch to government cash as it remains the best invisible value swap token. For larger amounts, simply own a bank. For the rest, perhaps the ultra private coins like Monero and Sumokoin have an advantage right now. But as large criminal, you only use what is generally accepted and 100% safe. So I do not expect anything material in this point for cryptocurrencies until after 5-10 years when the tech has matured, proofed safe and is becoming generally accepted (=dispersed further with better price stability). Please be assured that I do not have any criminal activities planned myself
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With all the price drama, withering Bitcoin dominance and high fees discussion, Bitcoin still functions beautifully It will be a great year for the Honey Badger, no doubt.
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We are ready for 2018
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Of course. TenX card holders are using ..... an actual product: others discuss vaporware Did u spend some at coolblue? Anywhere where the card is accepted 😉
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Of course. TenX card holders are using ..... an actual product: others discuss vaporware
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It will only become interesting if we decidedly go below $10k. For now, it seems to be recharging above $10k for that final insane run in 2018.
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What does the german thing on 3rd place say ? I'm too lazy for google translate I rather type the question here Its a kind of WO thread but then in German language. Quite good quality by the way.
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With DeepSend $100 comes in sight.
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’there is no right and wrong’
Exactly. The rise of cryptocurrency and the existence of 1,000+ coins/tokens prove that humans easily adapt and agree to using a token for coordination of their actions. A ledger and method of transferring value.
Solely that fact and the fact that this power to coordinate actions is now free to initiate and use by any person on Earth, globally, is what frightens regulators to the bone.
‘But...but....’
Honey Badger is not listening and he ain’t going back in the hole.
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Don’t fight the inevitable: there will be an enormous Gold rush (we haven’t seen the wickedest yet) and yes, the house will burn down eventually. But the tech won’t vanish and the rush comes with essential infrastructure creation and adoption by larger parts of the world population. And I am sure that Vitalik knows all this.
So I take his tweet more as virtue signalling knowing that it will not change anything to what’s coming except for him being able to later on say the words: ‘told you so’. Well, that provides me with zero extra knowledge, Vitalik.
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Valid points, but there are also strong counter arguments. For instance, open source is not a Bitcoin weakness but a key strength. Forking is not a bug, but a feature. And there aren’t any ‘experts’ in this new field and history is blank. So I suggest to take the approach that ‘there is no spoon’. Don’t see boundaries that aren’t actually there.
In the end, the market will decide.
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At some point, people that desperately want to ‘hide’ money will flock to absolutely 100% safe havens, including cryptocurrencies. From that perspective I consider the price of Monero (but also Sumokoin) only a stepping stone of what’s to come.
But most citizens probably do not mind paying some taxes and that will surely happen with some kind of government condoned or sponsored digital payment system. The battle between the tax man and the tax avoider will go on.
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