Darknet Market Evolution Unreachable, Funds Stolen
Dark Market Evolution Vanishes With $12 Million in Bitcoin
Aren't people tired of being ripped off yet?
Isn't it time to get serious and seriously start backing coins that are transparent?
Also check:
https://www.allcrypt.com/sitedown.html
https://coinapult.com/
Being ripped of has nothing to do with transparant coins. Bitcoin and Litecoin are transparant for example, but the hacks happen on centralised exchanges and evil darknet markets. The more transparant a coin is, the more target it will become of hackers. Instead we should tackle the problem and i think it's time for a decentralised exchange now.
Hacks are the exception. The norm is that insiders (those that run the exchange, the paper wallet creator, what-have-you website) make off with the funds themselves, and as long as they can continue to get away with it, they will keep stealing and saying "hope you guys understand."
Transparency means accountability, as in you can't hide. Transparency means you have to identify yourself.
The stealing won't stop until we end anonymity.
Then we might as well end cash, and end the use of private property, and anything else that belongs to the individual and what one might consider anonymous. In fact, why don't we all just implant government made gps trackers into our bodies, so that the gov can see and know what we do and where we are at all times.
That's a sure way to stop stealing isn't it? /sarcasm.
Anonymity>Transparency in most occasions, unless you like getting treated as a dog bound on a leash.
So, what your saying is that you wouldn't mind buying a house and not having your name on the deed/title?
I want my name on the title, and on my stock account, and my bank account, etc., etc.
And I want a documented transaction for everything I do. Why do we use escrow if not? I want an identified person or entity on the other side of every transaction, and I want the transaction documented. That's how we make theft much more difficult and actually put people in prison when caught (and not let them 'retire' to the Caribbean).
Crypto is just a bunch of juvenile delinquents until we put it on the same plane as the rest of the world's time tested financial products. That's undeniable.
"Crypto is just a bunch of juvenile delinquents until we put it on the same plane as the rest of the world's time tested financial products. That's undeniable." Please go read up on how the blockchain works and do further research before spilling out statements such as that, what other "time tested" financial products are there, Fiat? That's a modern invention. Stocks? Oh wait, that's also modern. Those unable to adept to change will always be left behind.
What you're proposing is similar to communism, it will never work for the simple fact that we are all human. If you want transparency like what you suggest, then the government or some other higher officials will take advantage of that transparency to their benefits, just like what's going on in Communist China and even America now via the nsa. That's why I said, yea sure if you like being spied on by other people just like you who place themselves above you with names and titles, so be it. That's your choice.
I can't begin to contemplate how people like you desire no freedom or personal rights, it's like being in a zoo with glass walls. Why even bother to live if you want no privacy.