Re:Bittrex to Delist ‘Privacy Coins’ Monero, Dash and Zcash
by grantjpowell on Friday January 01, 2021 @10:00PM
(#25609932)
I see this as evidence that the privacy features of these coins may be effective in their goals. If I'm in a position where I need the privacy features of these coins for my own safety, I'm going to lean towards the one with all the regulatory hoopla stemming from it being so hard to trace.
Re:Bittrex to Delist ‘Privacy Coins’ Monero, Dash and Zcash
by doublejay1999 on Saturday January 02, 2021 @04:55PM
(#25616920)
I've always thought privacy coins are not the clear cut win their are widely thought to be. Yes, on one hand it commoditizes the hiding of money and puts financial privacy in the hands of everyone.
On the other hand, the more money you have to hide the more you benefit and since wealth is already grossly concentrated toward 0.1% of the worlds people, those without wealth have more to lose than to gain if that wealth is able to vanish from view even more easily than it alrady can.
Re:Bittrex to Delist ‘Privacy Coins’ Monero, Dash and Zcash
by vmception on Friday January 01, 2021 @11:03PM
(#25610293)
Ahahaha Dash PR is appealing to exchanges by finally telling the truth about how little privacy they have and lack of any distinct quality over bitcoin. That’s just gold.
After years of gaslighting their supporters into believing Dash had any privacy benefit or distinct quality.
I really liked this video series by some of the monero core team that goes through some of the privacy features and limitations of the monero tech https://www.youtube.com/watch?v=WOyC6OB6ezA&list=PLsSYUeVwrH...
(Apologies to Phil Zimmermann.)
When Monero gets atomic swap bridges to commerce centers I think the market will choose that.
On the other hand, the more money you have to hide the more you benefit and since wealth is already grossly concentrated toward 0.1% of the worlds people, those without wealth have more to lose than to gain if that wealth is able to vanish from view even more easily than it alrady can.
privacy rip
After years of gaslighting their supporters into believing Dash had any privacy benefit or distinct quality.
Everything every Dash detractor said was true.