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Author Topic: The Monero Gang : G T F O  (Read 5086 times)
Spoetnik
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June 28, 2016, 12:34:26 AM
 #101

Monero might have blown past Bitcoin had it done the exact opposite by now.
The name of the game is adoption.
What are barriers ? the pubic & govts + business / markets.
Had they done the opposite of anonymity.. they may have surpassed the adoption of Bitcoin already.

Think about it people.. just imagine WORKING WITH governments & banks.
Making a coin that falls in line with compliance laws across the globe.
Would have embraced the markets and business and then in turn pull in the user base.
Whether you all like it or not.. we already have financial laws right NOW !
Such as the Florida Anti-Money-Laundering laws that have been tripped up in Crypto many times.

We need to be realistic.. not ONLY dreamers.

I have said endlessly for 3 years regulations do not have to be bad.
They probably will be if we make no effort to have our input into their creation though.
We CAN make a digital currency that complies with some fair / common sense laws.
I think that would be reasonable.

I have NEVER advocated the govt's implementing their regulations on us against our will
..if they are bad or unfair.
I have simply said lots ..let's all work with them together to find a good compromise.

Creating an ANON coin optional or not would be a mistake.
This is the opposite direction we should be moving in or at least a foolish pursuit.

All i ever asked is people to consider it all sincerely.. give it careful consideration.

And yeah i know FIAT is sort of like ANON too.. i get it Wink
But Digital coins are not Fiat LOL

FUD first & ask questions later™
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June 28, 2016, 12:46:47 AM
 #102

And how do you store this cash? In your mattress? It is literally impossible for an individual to protect stores of cash and if you use the system then you are susceptible to seizure of those funds. Hey try this, goto your bank and withraw 10k and ask for 1000 dollar bills and see what happens. Smiley

And I am saying the only solution to that is a combination of political and also making sure that no one can control the block chain, not even the miners.

That is of course why decentralization is so important.


Quote
Citing anonymity as a solution to that problem is disingenuous.

And that is why earlier I said it was one part of the equation.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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