F.Developers (OP)
Jr. Member
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Activity: 300
Merit: 7
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December 15, 2019, 11:15:19 AM |
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We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.
2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.
3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.
4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)
5) We are building a payment platform that would be controlled by the people without any Government interference.
We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
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jsizar
Newbie
Offline
Activity: 38
Merit: 0
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December 15, 2019, 11:23:54 AM |
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Im ready to use this system but only if there will be merchants whom will support it
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BeManga
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December 15, 2019, 11:50:38 AM |
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We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.
2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.
3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.
4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)
5) We are building a payment platform that would be controlled by the people without any Government interference.
We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
i think its not possible to build a semi decentralized platform without the goverment interference the coin can be a decentralized using the blockchain technology but it will not the same in the platfrom that using it your website or platform can be shutdown if one user break a law or your platform didnt follow the law
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Ucy
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December 15, 2019, 11:56:08 AM |
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Isn't this a private business? If fully decentralized, it's no longer a private business and you wouldn't have to worry about most things you posted. I am not sure you can last long with semi-decentralized exchange without "complying".
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tiang_tower
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December 15, 2019, 12:29:39 PM |
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Im ready to use this system but only if there will be merchants whom will support it
Don't say you're ready before you actually do a research on a system, because everyone will definitely like the new payment system, as long as the system really has good benefits for everyone, especially in terms of payment.
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Desscount
Full Member
Offline
Activity: 1386
Merit: 101
ComboLabs
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December 15, 2019, 12:33:07 PM |
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I think if used by everyone it would be an act that could mess up the world, now cryptocurrency is needed for KYC if it's in exchange, that's good, of course it will be hard to be anonymous in a few years
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bonyaserg
Jr. Member
Offline
Activity: 1876
Merit: 5
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December 15, 2019, 12:38:25 PM |
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Yes, for me, an anonymous payment system is now very relevant. And I believe that every user does not want the entire payment system to be transparent. Many users make a lot of different payments and believe that it should be secret and there was no envy from other users. Since large amounts of payments can attract a large number of scammers. And I believe that a new system for all financial transactions should be invented.
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DaMut
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December 15, 2019, 12:58:04 PM |
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I am not because this kind of payment system will not last long, I do not want to repeat the same mistake all over again(your money will be gone if they get caught by the government and most people will use this service to do money laundry). another reason is because of the anonymous team.
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ansi
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December 15, 2019, 01:13:13 PM |
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There is huge difference between Decentralization & Anonymous payment with 0 track to trace. Monero; Zcash, Zcoin, PIVX,..already do that AFAIK.
These kind of cryptos will always face the ugly truth of financial laws of EU & USA laws since they really don't like this " so much privacy ". Like the other member said, if it won't have the decent merchants, it will be just another " dark web " kind of payment.
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mu_enrico
Copper Member
Legendary
Offline
Activity: 2310
Merit: 2142
Slots Enthusiast & Expert
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December 15, 2019, 01:15:53 PM |
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Bitcoin is designed to be transparent, where you can track everything on the blockchain explorer. It's designed to be pseudonymous, not anonymous or "hideunymous" with Ring-CT like method.
Let's say big fat governments would allow such a system (which is improbable). How your method differs from Monero or Grin?
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fuer44
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December 15, 2019, 01:28:18 PM |
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sometimes this anonymous makes me doubt because it's prone to fraud if the transaction is p2p. indeed, so far using crypto is very safe and I did not find a problem, and if memnag you mean is crypto, I agree and want it. but if outside of that, anonymous transactions are very vulnerable, and I prefer third parties or joint accounts.
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pakhitheboss
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December 15, 2019, 02:05:52 PM |
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You are entering into very risky water. It is better to stay anonymous, I do not think that will be an issue if your platform is ready and functional. If you plan and ICO or IEO than that will not work as lot of promises have been made in the past in regards to such a platform but, nothing concrete has happened.
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BlackFor3st
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December 15, 2019, 02:15:57 PM |
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We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.
2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.
3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.
4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)
5) We are building a payment platform that would be controlled by the people without any Government interference.
We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
You need to work a lot in order to gain the trust of the crypto community especially that you are planning to hide the identity of your team behind the project. I've seen a lot this kind of situation and there are other that became successful even if the team behind the project is anonymous but it was around the peak of the market. And if you are planning to launch with the market condition that is almost the same as right now then you need to work a lot for it even if you are stating the good reasons behind your actions. Here are the hurdles that you will surely face : Many projects have been launch just to run the money of the investors, trust of the investors (why they should support you behind your actions), marketing plan on how you are going to gather big investors to invest in your project, how you can assure that the money of the investors are secure in your hands and etc. Be sure that you are ready for it if you are planning to proceed with your plan.
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knuckey
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December 15, 2019, 02:34:33 PM |
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Honestly all the features that you will make for your platform are already available in bitcoin and I don't see any advantages or uniqueness in them. See now everyone is competing to make a decentralized platform, but why do you want to make it retreat to be semi-decentralized? We will see how the market responds to your platform.
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iamaruf
Sr. Member
Offline
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
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December 15, 2019, 02:35:14 PM |
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What so you mean perfect money? Perfect money keep their users anonymous? Though i am not regular user of perfect money.I think in Perfect Money they don't ask for email to receive and send.They use U****.but they ask for kyc. If we verify Kyc then how users is anonymous? Because website owner know every users ID,if website data leaked then high risks for users.
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Doell
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December 15, 2019, 02:51:33 PM |
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will not use it unless it can benefit me the anonymous platform is not free from negative assumptions and will remain like that which makes your altcoin price not enough to gain potential in the future ,not transparent its liked by bad people
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btcdie
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December 15, 2019, 02:57:29 PM |
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sometimes this anonymous makes me doubt because it's prone to fraud if the transaction is p2p. indeed, so far using crypto is very safe and I did not find a problem, and if memnag you mean is crypto, I agree and want it. but if outside of that, anonymous transactions are very vulnerable, and I prefer third parties or joint accounts.
Can be concluded, anything related to money are all very vulnerable to loss. There is no safe place in this world especially with regards to wealth. both centralization or decentralization are the same. Things to consider if you choose centralization, reputation is in full control. but anonymous coins are at least not related to any party and cannot be falsified, but behind it all, the government hates it because it can help criminals (money laundering). everyone has their own perceptions and assuming I prefer high-level anonymity.
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kanayaTabitha
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December 15, 2019, 03:04:11 PM |
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will not use it unless it can benefit me the anonymous platform is not free from negative assumptions and will remain like that which makes your altcoin price not enough to gain potential in the future ,not transparent its liked by bad people But i'm sure many people will use it in terms of bad things like crime or money laundring. Many people using crypto is just for the anonymousity with intention of doing crime. Crypto reguliation and exchanges are more strict right now and force their users to do KYC, so it could prevent those kind of crimes.
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NeuroticFish
Legendary
Offline
Activity: 3654
Merit: 6371
Looking for campaign manager? Contact icopress!
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December 15, 2019, 03:17:05 PM |
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OP, you should know that people don't buy so much by the payment system, they buy more by the store that has the products to be bought. So if you can get enough shops sell goods and services through your system, the users/spenders will come easily.
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airdnasxela
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December 15, 2019, 03:30:20 PM |
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There is always a pros and cons with anonymous payment system. Just like what you've said, that's the pros of anonymity why people prefer decentralized. But there's always a limiting factor. At some point anonymity can be something bad if used negatively like illegal activities. It's a con but a pro to criminals. It's fine to use it if you think infos are not necessary at all but for sure people will take advantage of it and it'll be a mess.
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