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Author Topic: Under supervision, do you think that anonymous coins have a future?  (Read 558 times)
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December 28, 2019, 08:24:59 AM
 #21

While community will need them they will have a future
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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December 28, 2019, 09:59:10 AM
 #22

There is. Monero might have been delisted in some exchanges but look, it's still alive and one of the most known anonymous coin.
While community will need them they will have a future
Right, as long as there is a demand and people are using it there's a future that lies on it. But note it that many anonymous coins are becoming less popular today.

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December 28, 2019, 10:00:11 AM
 #23

Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal

A decentralized cryptocurrency and government regulation do not always mix well. Though almost impossible, there is still a chance that both can coexist without harming the other. It will be a difficult and long debate in how resolve this issue. But once we find the best answer, the industry of crypto will then enter a new era of successful market.

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December 28, 2019, 10:18:34 AM
 #24

If government can fully control cryptocurrencies why are they trying to build their own digital currencies? Why is china and central bank aiming for separate coin for their people? Of course they have no control here, bitcoin is decentralized and so are many coins, anonymous coins are designed not to be tampered with or control, that is a good real use case don't you think?
Governments just want to use technology, they have a hard time controlling decentralized currencies
Do you have any evidence that the government will control cryptocurrencies?
As far as I know from the very first days when cryptocurrencies appeared on the market, governments wanted to control it but they didn't succeed. Cryptocurrency users are ubiquitous in the world and there is no government that can control them.
you are right. They have no control, so they figure out ways to ban cryptocurrency transactions
I think the government doesn't ban cryptocurrencies, they just ban the use of cryptocurrencies as a means of payment.
A friend of mine in China said that he could still buy and own cryptocurrency, but he would break the law if he used it to pay for any kind of item.


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December 28, 2019, 11:09:22 AM
 #25

On the issue of anonymous currency, I want to say that the government hates anonymous currency, but many successful people like to evade laws and regulations. I think they will like cryptocurrencies like this. In this society, there are many good businessmen and many businessmen who like tax evasion. It can be said that governments should use their own means to combat anonymous currencies, but eliminating anonymous cryptocurrencies is very difficult. After all, there are still people in society who like this cryptocurrency.

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December 28, 2019, 11:53:26 AM
 #26

How about we start with the very first coin that us anonymous such as Bitcoin. This coin has proven to be anonymously developed by Satoshi but his identity were not divuldge in the pyblic cause the word Satoshi is just an alias. So I can see a good future even the developer of a certain project is anonymous. By the way, crypto has not yet been regulated ever since.

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December 28, 2019, 12:50:27 PM
 #27

If the cryptocurrencies will have a massive adaption, the anonymous coins got no chance in the future. The authorities will sure stop those anonymous coins because it will become a reason for the criminals to continue their activities because they will have confidence to do illegal things as they cannot be trace by the cops or any authorities. We don't need anonymous coins, we need a coin that has a real use and application in the real world.

 
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December 28, 2019, 12:53:08 PM
 #28

Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal

With regards to anonymous coins, once a cryptocurrency is regulated, I do not think that it has a future in the public market since government wanted to trace everything and anonymous plays the exact opposite of that.  They (anonymous coins) do have a future on the black market though.

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December 28, 2019, 12:58:42 PM
 #29

Governments seriously doesn't know what they're talking about i mean they're trying to supervise an anonymous coin that's most likely secured from any tracking by anyone that's why its anonymous. This is why we should have coins free from control of any centralized government or monetary system, we should have the right to use our own money anytime we want or anyway we want.

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December 28, 2019, 12:59:22 PM
 #30

Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
Government won't be able to bring all crypto currencies under their control. All they can do is force people to use it under their regulation. Even if people don't follow their regulation how is the government going to stop them? How will they keep track of those who are breaking their rules? Was the government able to remove pirating through p2p torrenting ? Nope. All they are able to do is take down those torrent site but people are still being able to connect with other users and continue pirating.
On other hand, how exactly is the government able to bring anonymous coins under supervision if they can't even know who is transacting in the first place?

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Williams_Leo
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December 28, 2019, 01:55:34 PM
 #31

On the issue of anonymous currency, I want to say that the government hates anonymous currency, but many successful people like to evade laws and regulations. I think they will like cryptocurrencies like this. In this society, there are many good businessmen and many businessmen who like tax evasion. It can be said that governments should use their own means to combat anonymous currencies, but eliminating anonymous cryptocurrencies is very difficult. After all, there are still people in society who like this cryptocurrency.
Called anonymous coins, the ability to evade and limit communication with the government is too high, besides, it is not created by the government, almost all advantages belong to users and those who want to earn higher income from tax evasion, so even though the government may hate it but they have almost no means to completely eliminate this opponent. While this competitor is constantly evolving, and this development may not be public but the future can be determined quite well when supporters are constantly growing.

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December 28, 2019, 01:58:13 PM
 #32

I think anonymous coins have a future in any case. Unless we fall down to some kind of total dystopia world lol Smiley But I don't think this question will matter in this case, heh Smiley

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Visbay
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December 30, 2019, 09:05:30 PM
 #33

I think anonymous coins have a future in any case. Unless we fall down to some kind of total dystopia world lol Smiley But I don't think this question will matter in this case, heh Smiley
You can say so because in crypto we will have to face this anonymity and it is the reality that crypto is anonymous and no one knows what is going to happen next so invests your money and just forgets about the anonymity of crypto. It is a good feature for the investor as no one would know who is having how much crypto coin it all will remain secret.
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December 30, 2019, 10:46:14 PM
 #34

Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
Now it wouldn't have the anonymous tag in it if it were be to supervise by the government. Most of the shady people engage in shady businesses and they would do their thing with shady tactics an practices. To maintain that they have to use anonymity and it includes crypto, for most alts they are anonymous so if the government supervise it I bet there will be only few coins who would pass the screening.
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December 30, 2019, 10:51:46 PM
 #35

yea i think that ZCASH and Monero both have a future
Monero is the first choice for criminals
Zcash is the first choice of institutions
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December 30, 2019, 10:57:56 PM
 #36

no bitcoin and others will be under government control, which is why some countries are trying to make their own currencies so they can monitor and manage them.one of them is China.it is unfortunate, because the largest shareholder in the crypto market is the country, why not ban it instead.
Well, this is no longer news, because the government cannot control crypto.No one said crypto will be regulated.
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December 30, 2019, 11:03:39 PM
 #37

It'll come down to government regulation regarding anonymous or pivacy crypto, just like how Korea is telling their exchange to hunt down then anonymous coin and delist them. None of government is happy with the presence of this anonymous coin that could potentially help people launder their money and avoiding taxes thus reducing the taxes income for a country. the whole thing about this privacy coin is just trying to go against government and you know what the answer will be if government put crypto under supervision.

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December 30, 2019, 11:22:26 PM
 #38

Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
Another topic in this section is the comparison of ROIs, and the coin of the central exchange such as the BNB ranks 4th. What privacy coins can we talk about in this market? Looks we made our choice before the governments. Why should the government value the freedom that owners do not value?
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December 31, 2019, 01:22:20 AM
 #39

~
TThanks for sharing,Do you know Monero's TPS? It is difficult to reach the current transaction scale of BTC, so it may be difficult to popularize on a large scale.
I haven't used it so I can only rely on information I see on the internet. It's definitely faster than bitcoin.

How long does it take to send a transaction?

Block time is one minute. On average it will only take a one minute a transaction to first appear in the block chain; however, exchanges usually will require at least 18 confirmations (blocks) before adding funds to your account, and the standard wallet requires tbd confirmations before considering received coins to be available for use.

A time of 10-20 minutes is generally the longest length of time you should consider waiting if your transaction isn’t confirmed in a couple of minutes.


Some article says it's even faster than ethereum or litecoin. I think TPS is the least concern of someone who want to make anonymous payments. I also don't think monero will be as popular as other mainstream coins like bitcoin or ethereum but there will always be a strong demand for it and that will increase as regulation tightens.
Maybe you think that anonymous users don't care about TPS. But I think it is important for development.
There is also that monero is not very friendly to miners, leading to the loss of important customers. Although the market value is large. Probably no longer welcomed by new investors, they may turn to new, low-market anonymous coins. For example, the deeponion that has risen in the past two years. After the release of deepsend, anonymity works well. I think there is a lot of space
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December 31, 2019, 01:25:13 AM
 #40

yea i think that ZCASH and Monero both have a future
Monero is the first choice for criminals
Zcash is the first choice of institutions
I would prefer a variety of options and consider anonymous currencies under new technology. Multi-faceted configuration
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