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Topic: Bitcoin and anonymity - page 4. (Read 686 times)
The majority of people don't use cryptos for a privacy purpose,. Sadly, most use them to speculate only. If you tell them about cryptography, blockchain they don't understand and don't give a fuck about it.
Those concerned with their privacy are using the anon coins but as the percentage of people isn't big, the market isn't big neither.
I believe this is going to change in 2-3 years and the anon coins will be more recognized and more used only when people will realize how their privacy has been taken over and what were the real reasons for creating Bitcoin
Those concerned with their privacy are using the anon coins but as the percentage of people isn't big, the market isn't big neither.
I believe this is going to change in 2-3 years and the anon coins will be more recognized and more used only when people will realize how their privacy has been taken over and what were the real reasons for creating Bitcoin
That is a very true, and a huge problem. If coins are not used, the whole ecosystem can be screwed.
I love the anonymity
I like them too, however I was just talking generally with this thread.
Anon coins aren't used that much by the majority of sheeple due to the lack of knowledge. Most of the people using anon coins are those that either have a need to do so for business reasons or are people that don't trust their governments. The rest of the sheeple that have come in this year are in just as a way to invest and view cryptos as an investment rather than currencies, the way they were supposed to be. Of course with Bitcoin being the most widely recognized coin out there that is what people are flocking to. I do believe that 2018 will see a different course of action, though there will be more coming in as well so will flock to what is well known.
Yeah I have noticed a lot of coins in 2017 have been building around privacy, and I think we might see a change into more private coins.
I think the biggest issue with privacy is a large percentage of people think its only for criminals. No matter how many servers get hacked. They often hold an irrational thought that if there's nothing to hide there's no need for privacy. This will change but not anytime soon.
This is also a good point. Lots of people still think Bitcoin is only for hackers.
Most of the cryptocurrency users (especially newcomers) don't care about privacy or anonymity, they just want to invest in a crypto that garantees high profits in a short amount of time. People no longer care about the tech behind a cryptocurrency, except for those who have been in the crypto community for a long time, or those tech savvy people.
Also, in order for a privacy coin to grow exponentially, it needs investors, but it is very risky to invest in a altcoin that barely no one uses, that's why their market cap is low.
And we aren't stuck with Bitcoin since anyone can choose another crypto for privacy reasons (and there are a lot of better options) but it is too much of hazzle for the average joe to start reading about altcoins and try to find out which one of the +1300 cryptos provides the optimous level or privacy/anonymity. And when you find one, you discover that 'X' crypto doesn't have any real usage other than for trading or speculation.
That's why people choose Bitcoin, it offers more than fine levels of privacy, and it is the most popular cryptocurrency. Simple as that.
This is very true, I just wonder how long pushing it aside and sticking with bitcoin since "it is good enough" will last. If more people are educated around cryptocurrency and understand to invest in better coins with solid backgrounds, I still dont know if privacy would be a huge deal. If the majority of people dont care about it, then privacy coins that are specific, might not be the best choice.
So the question is, why aren't privacy coins much bigger in terms of market cap? If people really value privacy, and there a ton of better options, why are we still stuck on Bitcoin that in some ways is inefficient?
Thoughts?
Thoughts?
Most of the cryptocurrency users (especially newcomers) don't care about privacy or anonymity, they just want to invest in a crypto that garantees high profits in a short amount of time. People no longer care about the tech behind a cryptocurrency, except for those who have been in the crypto community for a long time, or those tech savvy people.
Also, in order for a privacy coin to grow exponentially, it needs investors, but it is very risky to invest in a altcoin that barely no one uses, that's why their market cap is low.
And we aren't stuck with Bitcoin since anyone can choose another crypto for privacy reasons (and there are a lot of better options) but it is too much of hazzle for the average joe to start reading about altcoins and try to find out which one of the +1300 cryptos provides the optimous level or privacy/anonymity. And when you find one, you discover that 'X' crypto doesn't have any real usage other than for trading or speculation.
That's why people choose Bitcoin, it offers more than fine levels of privacy, and it is the most popular cryptocurrency. Simple as that.
I think the biggest issue with privacy is a large percentage of people think its only for criminals. No matter how many servers get hacked. They often hold an irrational thought that if there's nothing to hide there's no need for privacy. This will change but not anytime soon.
Anon coins aren't used that much by the majority of sheeple due to the lack of knowledge. Most of the people using anon coins are those that either have a need to do so for business reasons or are people that don't trust their governments. The rest of the sheeple that have come in this year are in just as a way to invest and view cryptos as an investment rather than currencies, the way they were supposed to be. Of course with Bitcoin being the most widely recognized coin out there that is what people are flocking to. I do believe that 2018 will see a different course of action, though there will be more coming in as well so will flock to what is well known.
I love the anonymity
The majority of people don't use cryptos for a privacy purpose,. Sadly, most use them to speculate only. If you tell them about cryptography, blockchain they don't understand and don't give a fuck about it.
Those concerned with their privacy are using the anon coins but as the percentage of people isn't big, the market isn't big neither.
I believe this is going to change in 2-3 years and the anon coins will be more recognized and more used only when people will realize how their privacy has been taken over and what were the real reasons for creating Bitcoin
Those concerned with their privacy are using the anon coins but as the percentage of people isn't big, the market isn't big neither.
I believe this is going to change in 2-3 years and the anon coins will be more recognized and more used only when people will realize how their privacy has been taken over and what were the real reasons for creating Bitcoin
To learn more about Bitcoin and its Anonymity features, check out my Medium post: Bitcoin and Anonymity
Is privacy really a big deal? I created a thread a little while ago to see some peoples opinion : https://bitcointalksearch.org/topic/m.25386090
And it seems that it is a huge deal, however we can see that Bitcoin is not really that anonymous . So the question is, why aren't privacy coins much bigger in terms of market cap? If people really value privacy, and there a ton of better options, why are we still stuck on Bitcoin that in some ways is inefficient?
Thoughts?
Is privacy really a big deal? I created a thread a little while ago to see some peoples opinion : https://bitcointalksearch.org/topic/m.25386090
And it seems that it is a huge deal, however we can see that Bitcoin is not really that anonymous . So the question is, why aren't privacy coins much bigger in terms of market cap? If people really value privacy, and there a ton of better options, why are we still stuck on Bitcoin that in some ways is inefficient?
Thoughts?
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