RE: Adsactly Tech News - Cryptocurrency Users May Find More Value Through Investment in Privacy Coins! by aydogdy

View this thread on steempeak.com

Viewing a response to: @adsactly/adsactly-tech-news-cryptocurrency-users-may-find-more-value-through-investment-in-privacy-coins

· @aydogdy ·
$0.36
The concept of Monero is completely contrary to the requirements for the legalization of cryptocurrency, as a new financial instrument. In addition, because Monero is a danger, namely, complete anonymity is the key to illegal funding of potentially dangerous organizations, lack of accountability does not allow controlling the flow of funds and lastly, the system of work, including encryption of the data chain, completely contradicts the principles of security.
It turns out that the integration of Monero at the state level is completely excluded. In addition, the cryptocurrency is a potential danger as a tool for financing terrorism, which means that it will first of all attract the attention of regulators. Getting government action against Monero is probably only a matter of time. In order to create any attempts to limit the vital activity of the system, powers are needed leading to the need for complete legal regulation of the field of cryptocurrencies. In any case, efforts are being made to integrate a new financial instrument throughout the world.
It seems to me that the following scenario is quite possible in the future. Cryptocurrencies that are set up to cooperate with the government will receive a certain degree of legitimization, and Monero will become, as it were, an underground tool for payments.
👍  ,
properties (23)
post_id66,033,522
authoraydogdy
permlinkre-adsactly-adsactly-tech-news-cryptocurrency-users-may-find-more-value-through-investment-in-privacy-coins-20181114t185819017z
categorycryptocurrency
json_metadata{"app":"steemit\/0.1","tags":["cryptocurrency"]}
created2018-11-14 18:58:21
last_update2018-11-14 18:58:21
depth1
children1
net_rshares532,663,925,068
last_payout2018-11-21 18:58:21
cashout_time1969-12-31 23:59:59
total_payout_value0.274 SBD
curator_payout_value0.090 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,327
author_reputation4,200,812,845,890
root_title"Adsactly Tech News - Cryptocurrency Users May Find More Value Through Investment in Privacy Coins!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@techblogger ·
$0.05
Your points are valid but you are forgetting to mention the counter argument which revolves around privacy. How do you buy things and ensure your privacy is intact well for the most part people use cash. But it is a known fact that superpowers are set on removing cash from the equation. Without cash they have more control. Control is key when you operate a global economy of smoke a mirrors and print money endlessly without having a true underlying value backing it. Cryptocurrencies that allow users to remain completely private are vital to freedom. This point cannot be ignored!
👍  , , ,
properties (23)
post_id66,061,236
authortechblogger
permlinkre-aydogdy-re-adsactly-adsactly-tech-news-cryptocurrency-users-may-find-more-value-through-investment-in-privacy-coins-20181115t084730996z
categorycryptocurrency
json_metadata{"app":"steemit\/0.1","tags":["cryptocurrency"]}
created2018-11-15 08:47:30
last_update2018-11-15 08:47:30
depth2
children0
net_rshares80,740,391,075
last_payout2018-11-22 08:47:30
cashout_time1969-12-31 23:59:59
total_payout_value0.039 SBD
curator_payout_value0.012 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length584
author_reputation91,903,771,336,326
root_title"Adsactly Tech News - Cryptocurrency Users May Find More Value Through Investment in Privacy Coins!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)