Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 443. (Read 9723803 times)

Quote from: volyova on May 05, 2018, 10:17:32 AM

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined .... you cant change facts dear volyova.
Trump tries that constantly but look where it got him...

Um...didn't it get him in the White House? And...isn't he still there?

Lets just say that trying to change facts gets you in troubled waters. So lets just stick to the facts shall we.

Also, do you really think that the S.E.C. will believe your story that it was a "bug", that enabled so many Dash to be mined in the first few hours of it's existence?

I think the S.E.C. will have their hands full with investigating actual Initial Coin Offerings (ICO's) schemes and will not particular feel a need to investigate proof of work cryptocurrencies that are
well-establised and more then three years old. Hell, they may as well then examine cryptocurrencies that deliberately crippled their mining software in their first few months after launch.
I'm trying to remember the name of that cryptocurrency where this actually happened, i think it started with a M and ended with an O ? Can you help me out here volyova ?

You're wrong about me, I don't care for XMR, or it's "community" (which is just a bunch of horrible trolls imo) It wouldn't bother me at all if they landed in hot water as well. I'd welcome it. Unfair mining is unfair mining.

qwizzie

legendary

Activity: 2548

Merit: 1245

Quote from: qwizzie on May 05, 2018, 10:16:28 AM

Quote from: qwizzie on May 05, 2018, 10:16:28 AM

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined .... you cant change facts dear volyova.
Trump tries that constantly but look where it got him...

Um...didn't it get him in the White House? And...isn't he still there?

Lets just say that trying to change facts gets you in troubled waters. So lets just stick to the facts shall we.

Ok, facts then. Do you really think that the S.E.C. will believe your story that it was a "bug", that enabled so many Dash to be mined in the first few hours of it's existence? How many was it again? I forget...but I know it was millions.

I think the S.E.C. will have their hands full with investigating actual Initial Coin Offerings (ICO's) schemes and will not particular feel a need to investigate proof of work cryptocurrencies that are
well-establised and more then three years old. Hell, they may as well then examine cryptocurrencies that deliberately crippled their mining software in their first few months after launch.
I'm trying to remember the name of that cryptocurrency where this actually happened, i think it starts with a M and ends with an O ? Can you help me out here volyova ?

volyova

legendary

Activity: 910

Merit: 1000

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined .... you cant change facts dear volyova.
Trump tries that constantly but look where it got him...

Um...didn't it get him in the White House? And...isn't he still there?

Lets just say that trying to change facts gets you in troubled waters. So lets just stick to the facts shall we.

Ok, facts then. Do you really think that the S.E.C. will believe your story that it was a "bug", that enabled so many Dash to be mined in the first few hours of it's existence? How many was it again? I forget...but I know it was millions.

qwizzie

legendary

Activity: 2548

Merit: 1245

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined .... you cant change facts dear volyova.
Trump tries that constantly but look where it got him...

Um...didn't it get him in the White House? And...isn't he still there?

Lets just say that trying to change facts gets you in troubled waters. So lets just stick to the facts shall we.

volyova

legendary

Activity: 910

Merit: 1000

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined .... you cant change facts dear volyova.
Trump tries that constantly but look where it got him...

Um...didn't it get him in the White House? And...isn't he still there?

qwizzie

legendary

Activity: 2548

Merit: 1245

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay.

One look at the blockchain will confirm that Dash was not pre-mined, you cant change facts dear volyova.
Trump tries that constantly but look where it got him, i hate to see you get trumped like that.

volyova

legendary

Activity: 910

Merit: 1000

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

Well, I hope the S.E.C. agrees with you. It doesn't really matter what it says on Dashpay, "splitting hairs" won't work with those guys...

qwizzie

legendary

Activity: 2548

Merit: 1245

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

No, not really as Dash was not pre-mined as you very well know .. which makes you question obsolete.
Link : https://dashpay.atlassian.net/wiki/spaces/OC/pages/19759164/Dash+Instamine+Issue+Clarification

Sorry volyova, no cookie for you because you clearly did not do your homework today.

volyova

legendary

Activity: 910

Merit: 1000

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

In light of this...https://www.coindesk.com/investor-sues-ripple-and-alleges-xrp-is-a-security/

volyova

legendary

Activity: 910

Merit: 1000

In order to prevent money laundering and other criminal activity, Japan’s Financial Services Agency, is quietly pressuring cryptocurrency exchanges to give up handling Monero (XMR), Zcash (ZEC), and Dash (DASH) and other cryptocurrencies favored by criminals and hackers. Sources close to the FSA confirmed that they were taking all available steps to discourage the use of certain alternative virtual currencies that have become attractive to the underworld because they are difficult to track. In September of last year, the European Union’s law enforcement agency, Europol, released a report that warned “other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.” Criminals, who were some of the earliest adopters of Bitcoin, have increasingly dropped that cryptocurrency for transactions in favor of Monero and other less traceable "altcoins."
According to the Japanese authorities, it is very difficult, if not impossible, to identify the recipients of currencies like Monero via a blockchain or any other public ledger. The anonymity makes the coins ideal for money laundering. The blockchain (public ledger) for bitcoin, makes it possible for seasoned investigators to follow the money. Increasingly, cyber criminals choose these new "privacy coins" when they demand ransom payments or engage in sales of illegal goods．
The FSA is particularly adverse to Monero, especially after it was reported in January that North Korea may be mining the currency to raise funds.

Guess what, right after Japan put more strict regulation in place the following happened :

http://bitcoinist.com/kraken-exchange-decides-to-close-down-japan-operations/

Quote

This announcement came about due to cited increased operational costs, and Japan’s increasing regulation of the cryptocurrency market may have also been a factor.

Same with USA Bitlicense : if regulation goes too far in a specific city (New York in this case) or country (Japan / China) , crypto businesses will pull out and leave that state / country behind.

I find the whole situation a bit strange, what if Bitcoin implement through a Bitcoin Improvement Proposal (BIP) more privacy on their chain, will Japan then also delist Bitcoin ?

Link : https://blog.iqoption.com/en/bitcoin-the-path-to-anonymity-and-privacy/

Exactly, LN will be super-private. Also, aren't you worried about S.E.C. implications regarding Dash's 12% pre-mine?

qwizzie

legendary

Activity: 2548

Merit: 1245