The Future Of Privacy?...
The future private? Now that sounds like a fairy-tale farce if I've ever heard of one. There are no shortage of eyes on you whether it's governmental agencies like the CIA and NSA or tech companies Facebook (Faceberg), so the idea of private future seems to be one that is becoming more and more laughable as time goes on. Could there be some hope with Verge? One of the downsides to BTC is the public ledger. Verge is a standout currency for it's ability to eliminate traceability, maximizing privacy for its users, a fast transaction speed and everyday usability. But today, April 17, was not just Verge's biggest partnership announcement, but the largest in the market thus far...
An Undeniably Substantial Partnership...
Considering the traffic and influence of Pornhub, this should be seen as the biggest collaboration to ever hit the crypto market. Here's an advertisement for the partnership, quite humorous, followed by some background information regarding both parties:
On Pornhub's premium subscription page they describe the news as such:
The future has come. In our efforts to keep current with our community’s privacy and payment preferences, Pornhub will now be accepting Verge as a means of payment for services like Pornhub Premium and more, on our platforms. Building on Verge’s core values of security, anonymity and practicality, the introduction of this cryptocurrency as a means of payment Pornhub signifies an important foray into the future from the industry that is always on the cutting edge of technology.
Verge's founder, Justin Sunerok, had this to say about the announcement:
"Pornhub is a global organization with nearly a hundred million daily users. This partnership represents an enormous market with a global reach that will compete with fiat currencies. It's huge for Verge and we're extremely excited to finally be able to announce it,"
About Pornhub:
Founded in 2007, Pornhub is the leading free, ad-supported adult video streaming website, offering viewers the opportunity to upload and share their own videos. With over 5 million videos and over 85 million visitors a day, Pornhub truly is the best adult site in the world. Pornhub has built the largest dedicated membership base in the adult community, with over 10 million engaged and loyal members, offering viewers a fun and sophisticated social experience directly in site, complete with messaging, photos, achievement badges and much more.
About Verge:
Founded in 2014, Verge improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy. Verge Currency is a cryptocurrency designed for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy.
Verge Trading At Volumes Above Its Weight...
With all the hype that's been going on with Verge, positive and negative, we're seeing lots of activity and trades.
Will Verge Be Part Of The Future?...
No one knows. The promise of the currency is its security, privacy and expediency. These are areas where the current fiat monetary system is antiquated and burdensome. The productivity of our species is limited by the those who rig and manipulate currencies and have supreme authority of the fiat currency of your pick. Perhaps, Verge will be the currency to empower individuals with privacy, a resource that the elite are literally trying to monopolize. For these reasons, keep an eye Verge, because may be one day there will be no eyes but your own in your bank account.
On that note, here is a beautiful quote from William O. Douglas
NOT TRADING OR FINANCIAL ADVICE.
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Thats great for crypto. But im not sure there can be absolute privacy.
Thanks for the comment, @fredkese. Yes, it is a matter of degree. None of them are completely private like you said. But I think it's crypto's biggest perk, at least one of them.
Its like, half a loaf is better than none
Hey buddies! Great post NewTree!! Amazing and interesting news!
I just wondered, how come XVG is not private? I have bought XVG on Cryptopia and it seems to me that by using a VPN or Proxied connection when making and using my cryptopia account, there is no way to trace back the XVGs I might be sending somewhere, back to anything else than my cryptopia hosted XVG-wallet... They could find out my username on cryptopia, but using a pseudonym, that still renders me pseudonomous and privacy is intact...
? what do you think about it?
It is private, but not 100%, and I'm not clear exactly how either. But I know for example Monero transactions show ip adresses, or so I've read, while Verge avoids that, so there are details that give one currency an advantage over another. Yeah, sorry, I don't exactly understand myself haha thanks for commenting @kongen
It went up due to the partnership, but went down the other day even deeper ..
Wow! this is great for the adoption of XVG and also a big step towards recovery. I lost faith in this coin a while ago but I can see that they are now making some efforts. Thanks for sharing, HODL!
Thanks @ajongcrypto for commenting n stopping by. Yeah, haha! Me too at times I lost hope and who knows which privacy coin will be the most dominant, some good ones out there... Verge stood out to me, I just always liked their ideas and mission, HODL!
Oh! I see, HODL!
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