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Author Topic: Cash is best for anonymity?  (Read 195 times)
malikusama
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March 04, 2018, 04:21:57 PM
 #41

Cash is still being the best way if you want to make anonymous payments. Do you agree with it?
Are you taking about cash without involving banks?
Yes they are anonymous, risky and inconvenient at same time. To go outside and have a meeting for every deal in cash is too much time taking and risky. 
Also 85% of transactions are currently in cash.
Indeed majority of transactions are currently in cash but they are through banks, means they are not anonymous.

All your points are simply illogical and you are just promoting this ICO in your signature.
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March 04, 2018, 04:39:00 PM
 #42

Cash is still being the best way if you want to make anonymous payments. Do you agree with it?
Also 85% of transactions are currently in cash.
What do you think about cash on blockchain, backed by gold ( https://goldencurrency.world )?

Well I completely agree with you. There is nothing more anonymous than cash right now, and that's why the argument that bitcoin is used for criminal activities is a complete nonsense. Of course that it's hard to make some transactions with cash in an anonymous way, like international transactions, since you can't just walk around with a bad full of cash and travel to another country to make a payment. The amount of things you can buy using cash only is limited, at least in my country it is, and it's exactly because how anonymous cash is.

As for 85% of tx being made with cash, I would say it depends on what you consider a cash transaction. I don't think that 85% of tx are maid with live cash since most users prefer to use debit cards, and those are not really anonymous. They are for tax purposes, if you don't use your financial number, but they are recorded by your bank.
Yes that is right that cash is more anonymous than any other currency, but in fact we cannot carry cash too much, because it is too much risky to carry cash as people will always to get the cash from you by force, while online currency is comparatively more safe and secure as compare to any other formate of money.

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March 04, 2018, 05:04:38 PM
 #43

Envelopes with cash are and will continue to be the method of use for the corrupt politicians, but they also hate when the people use cash to avoid taxes, this is why their agenda ahs been a very clear one: to kill cash, but to release a digital currency that's closed source for total control of the masses, while they would have access to this code through backdoors, in other words: the elite wanted a closed source currency in which they would do trades behind the curtains since they would be the only ones with access to the deep code. This was their ultimate dream, which died when bitcoin was released and busted their mind control Orwellian bubble. Now they hate bitcoin because it is an alternative to their closed source, centralized, federated hell.
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March 04, 2018, 05:14:41 PM
 #44

Cash is still being the best way if you want to make anonymous payments. Do you agree with it?
Also 85% of transactions are currently in cash.
What do you think about cash on blockchain, backed by gold ( https://goldencurrency.world )?

Anonymity in terms of what ? I mean whether it is payment made to black market for buying drugs, alcohol, hemp or whatever thing those people do for $$$$ or whether it is about the payment in general where you dont want to show publicly where you spend money? In both the cases cash can be tracked by some means. The banks, FBI, or regulatory bodies can tackle transactions very easily by using their tools and techniques. So its no wonder blunder that wether they are using the cash. Cash is not miracle which can not be tracked. Bitcoin however can provide some sort of pseudo anonymous nature and thus make it far good than the cash. At least it can keep everything in the public ledger with private keys and can just show from which address the transaction is being done but it cant tell your identity. So its still anonymous.

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March 04, 2018, 05:37:52 PM
 #45

I don't agree. Every bill has their own serial number so it's very easy to track cash as well as Bitcoin. It's not useful with big purchase with cash and it's too much to carry around hugh amount of cash with you all the time.
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March 04, 2018, 05:40:12 PM
 #46

Envelopes with cash are and will continue to be the method of use for the corrupt politicians, but they also hate when the people use cash to avoid taxes, this is why their agenda ahs been a very clear one: to kill cash, but to release a digital currency that's closed source for total control of the masses, while they would have access to this code through backdoors, in other words: the elite wanted a closed source currency in which they would do trades behind the curtains since they would be the only ones with access to the deep code. This was their ultimate dream, which died when bitcoin was released and busted their mind control Orwellian bubble. Now they hate bitcoin because it is an alternative to their closed source, centralized, federated hell.

They already have fiat money as in non-cash which pretty much counts as a closed-source digital currency. Public doesn't know who pays whom via bank transfers but the government can trace every transaction made by anyone using the local currency unless cash as in coins and bills is used. In this manner, I don't think that their "ultimate dream" has actually died because it is not a dream to begin with, and it definitely ain't gonna die any time soon.

Cash is still being the best way if you want to make anonymous payments. Do you agree with it?
Also 85% of transactions are currently in cash.
What do you think about cash on blockchain, backed by gold ( https://goldencurrency.world )?

Anonymity in terms of what ? I mean whether it is payment made to black market for buying drugs, alcohol, hemp or whatever thing those people do for $$$$ or whether it is about the payment in general where you dont want to show publicly where you spend money? In both the cases cash can be tracked by some means. The banks, FBI, or regulatory bodies can tackle transactions very easily by using their tools and techniques. So its no wonder blunder that wether they are using the cash. Cash is not miracle which can not be tracked. Bitcoin however can provide some sort of pseudo anonymous nature and thus make it far good than the cash. At least it can keep everything in the public ledger with private keys and can just show from which address the transaction is being done but it cant tell your identity. So its still anonymous.

Cash is bills and coins, but what you refer to in your post is correctly called non-cash money.



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March 05, 2018, 09:46:16 AM
 #47

Bitcoin is often described as an anonymous currency because it is possible to send and receive bitcoins without giving any personally identifying information. But in Bitcoin, your pseudonym is the address to which you receive Bitcoin. Every transaction involving that address is stored forever in the blockchain. If your address is ever linked to your identity, every transaction will be linked to you. So Bitcoin transactions are not anonymous. So cash is better for anonymity in some way. Cash does not require any personal information between both parties involved in a transaction.
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March 05, 2018, 10:05:00 AM
 #48

Cash is anonymous to a certain degree but if agencies really want to keep tabs on you and know what you are doing they could find out.
Even with bitcoin it isn't 100 percent anonymous at some point there will be a trail that heads back to you whether it is from an exchange or even a purchase you have made and had mailed to you.

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March 05, 2018, 11:29:05 AM
 #49

Cash is still being the best way if you want to make anonymous payments. Do you agree with it?
Also 85% of transactions are currently in cash.
What do you think about cash on blockchain, backed by gold ( https://goldencurrency.world )?

Well I completely agree with you. There is nothing more anonymous than cash right now, and that's why the argument that bitcoin is used for criminal activities is a complete nonsense. Of course that it's hard to make some transactions with cash in an anonymous way, like international transactions, since you can't just walk around with a bad full of cash and travel to another country to make a payment. The amount of things you can buy using cash only is limited, at least in my country it is, and it's exactly because how anonymous cash is.

As for 85% of tx being made with cash, I would say it depends on what you consider a cash transaction. I don't think that 85% of tx are maid with live cash since most users prefer to use debit cards, and those are not really anonymous. They are for tax purposes, if you don't use your financial number, but they are recorded by your bank.
Yes that is right that cash is more anonymous than any other currency, but in fact we cannot carry cash too much, because it is too much risky to carry cash as people will always to get the cash from you by force, while online currency is comparatively more safe and secure as compare to any other formate of money.
This factor have been raised in this forum before, I have seen it somewhere. Yes, brother this is amazing for crypto currencies to show such leniency and safe, secure environment for their users to have amount in their e wallets. You are safe towards theft and robbery as no one can reach to your bitcoins unless they know the private keys for them. Bitcoins are providing incredible services.

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March 05, 2018, 11:50:49 AM
 #50

In my opinion bitcoin is better for transaction of huge amounts anonymously but we will be traced through exchanges since we need to buy bitcoins if we want to use it.
But cash is only better for small amounts if that amount is huge it is hard to transct anonymously but with bitcoin it is just so easy you just need the bitcoin address and send it.

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March 05, 2018, 11:55:04 AM
 #51

Cash is anonymous to a certain degree but if agencies really want to keep tabs on you and know what you are doing they could find out.
Even with bitcoin it isn't 100 percent anonymous at some point there will be a trail that heads back to you whether it is from an exchange or even a purchase you have made and had mailed to you.
Cash has always been and will be more anonymous than bitcoin. The anonymity of cryptocurrencies is fake. Everyone can track the entire chain from the moment the coin was mined. But bankers and politicians do not call for a ban on cash. 99% of illegal transactions are financed by cash. Bitcoin is accused of all sins because they are afraid to lose control over our money.
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March 09, 2018, 10:20:59 PM
 #52

Cash has always been and will be more anonymous than bitcoin. The anonymity of cryptocurrencies is fake. Everyone can track the entire chain from the moment the coin was mined. But bankers and politicians do not call for a ban on cash. 99% of illegal transactions are financed by cash. Bitcoin is accused of all sins because they are afraid to lose control over our money.
Of course they want to ban cash, and the reason for that is very simple they want every single transaction to go through them that way they have all the power, they can freeze your accounts and take away your money and you cannot do anything about it, this is why they hate cash and this is why they hate bitcoin even more because bitcoin even if it's not as anonymous as cash allows you to send money all over the world without the help of the banking system and you can send as much money as you want so let me tell you they hate bitcoin and they hate cash as well and they would ban both of they could.


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March 09, 2018, 11:38:57 PM
 #53

indeed for now the cash mesih be a top priority, almost all activities still use cash and transaksipun still with cash, in the state in my country, cash can not be separated from everyday life, even many people who can not use various facilities such as credit cards, visas, and more, for cash on blockchain, I think this is a new breakthrough, good luck in the market

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