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Author Topic: Why do people invest in pseudo anonymous coins?  (Read 446 times)
V.Pelewin (OP)
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June 28, 2017, 10:04:46 PM
 #1

As far as I understand Monero (and perhaps Aeon) are the only anonymous coins for which anonymous transactions are mandatory which means that only 1% of all transactions run on the competitors (Dash, ZCash, Cloak) have anonymity enabled which in turn makes them very unsafe because they could be much easier tracked. So why do people invest in them?
le_frenchy
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June 28, 2017, 10:07:24 PM
 #2

Privacy
JeffBrad12
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June 28, 2017, 11:13:54 PM
 #3

As far as I understand Monero (and perhaps Aeon) are the only anonymous coins for which anonymous transactions are mandatory which means that only 1% of all transactions run on the competitors (Dash, ZCash, Cloak) have anonymity enabled which in turn makes them very unsafe because they could be much easier tracked. So why do people invest in them?
Did you remember if the bitcoin already pseudonymous coin? But that's not mentioned by you. The privacy is only a good reason to invest in them but there are some technical improvement from the bitcoin itself. You can try to take an example such as Zcash. Some said that zcash just another fork but they forget if that already got improvement.

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June 29, 2017, 12:22:43 AM
 #4

The real reason is profit I think
holden.commodore
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June 29, 2017, 01:40:36 AM
 #5

why are you worried about privacy?
Most of the ICOs are only good for making money, like most of the existing coins.
Ethereum smart contracts make them very easy to invest.
le_frenchy
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June 29, 2017, 01:47:44 AM
 #6

why are you worried about privacy?
Most of the ICOs are only good for making money, like most of the existing coins.
Ethereum smart contracts make them very easy to invest.
Privacy = freedom.
Do you want to ask me why i want to feel free ? Or why do i have curtains on my windows ?
Privacy is a good reason to be interested in a coin..
Paracelsus
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June 29, 2017, 07:50:49 AM
 #7

Who can guarantee that they really working, that nobody can track them. This can be used for very bad purposes on darknet,
what mechanism they have to avoid this, or they are created for this purpose?
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