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RE: BURST my bubble : an opinion on the dangerous influx of altcoin posts

in #cryptocurrency8 years ago (edited)

Annomonity is the trend I see as this is what it was meant to be but I am however, still lost. Aren't all of the transactions suppose to be viewed on the blockchain(s) f0r every0ne to see? So what is the big deal about trying to be anonymous?
This will get us caught up no?

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There is an argument that, in the future any Alt coin should have the ability to be private / anonymous anyway.
In the beginning Bitcoin was used in the Dark web as in Silk Road transactions, but now the Govt has worked out how to use "Pattern" mathematics to be able to trace addresses. So Bitcoin is no longer is used as much in the Dark web. Monero has taken over this area very because it is very very difficult to trace and therefore the drug lords on the dark web are mostly using it for transactions.
One concern is if Govts will even allow any Alt coin to be anonymous because it is not in there favor. They want t be able to track every cent we have as long as its not their money.
However, as I see it, this creates a problem for the banks too because the financial world is full of crooks worse than the underworld and that means it is getting harder for then to hide their own money so that the Govt does not see it.
I mean if the shit hit and the economy was about to crash and you knew about it, where could you put/store your money so that the banks/Govt could not get their hands on it. As long as any form of money is traceable then they can get it it they really wanted. No one ever beats the state

Exactly! Nice input/insight and even though I know of this, it's hard to see where the Gov't(s) will take this. Will they j0in the boat(revolution) & come up with new ways which will help them to mint their own m0ney(mining) 0r will they continue treating their citizens poorly! What d0es the future h0ld, we shall see ;)