I agree with you on the whole anon issue. But histroy has shows that once something is banned it grows even more. I think Governments are treading very
carefully because they realize how the precarious the whole situation is for them. Right now distrust of Gov is at all time high, if they come out swinging big against crypto there is a big chance it will backfire in a big way. I think we are in uncharted waters here. How this whole thing will develop is any one's guess.
sounds another vertcoin chart..... up up up .......weeeeeee......................................
Where are the vertcoin pumpers that showed up after the first nudge up?
The US seems to be the only pro crypto gov, the others are not issuing outright bans because they believe they could lose out against the US.
The US do not like the sound of dark currency. You piss them off, they ban. The others ban next.... end of crypto.
Pushing anon currency is not a wise move, unless you need to remain anon. If you just want to see crypto advance and make some money along the way....forget pushing too hard in that direction.
I'm not one for all this gov spying on us in everything we do for no reason, but encrypted dark currency?? ....this will not be permitted you can be sure. Dark coin and others now coming with coin mixing etc are good ideas but really if they get too big you can be sure they will damage crypto. They will get taken down and if it seems difficult to weed them out from BTC and the others ...expect a blanket ban.
If you watched those hearings....again and again......we will not accept anon currency their message was crystal clear.
For all those saying what can they do about it.....they could smash crypto like a fly right now. The currency is decentralised but every mechanism it relies upon to make it useful in anyway are not.
Take this forum out and banks complete ban on anything crypto related = the end.
Darkcoin is another pump over nothing any coin can work on achieving the same thing, bitcoin/ltc is they wished. It could go up another couple of days before the big smack down like i said would happen with vert.
If the US gov come out swinging at crypto.... crypto gets crushed back to being a very fringe interest. Think BTC back at $1-$20 range or less.
In the hearing over and over it was said.......... we will NEVER permit anon currency. That was crystal clear. I see more and more of this anon fascination, which really for most of us is not actually essential. Why even jeopardise a good thing we have going here. I am totally shocked the US has been as open about it as they have. I though a big slap down was coming on the first hearing. So did a lot of others but then when it was positive 100>>>>1000 in days.
Let's not rock the boat, .... those that need to have anon currency even at the cost of losing out on early adoption to crypto need to be separated as far from mainstream crypto as possible.
BTC is moving towards full transparency ... alts need to stay as they but certainly not all start implementing dark measures or else you will see ALTS or even crypto get the axe in short order.
If you think the gov is risking anything at all by slapping BTC and alts into oblivion you are wrong. They risk nothing, most people don't even understand what btc is or are not interested.
I hope people wake up to this very fast before alts and maybe even btc meets a swift end.
If there was any real need for dark currency then i can see the point in risking it, but since for 99.9999% of people just mining a few coins to get some beer money or a new car or even a deposit on a home.....there is no point risking it for no gain.
Anyway i leave it there, i don't support dark currency at this point since i see not reason to have it and the US gov have made things clear, remain transparent and traceable or else you're going down. I would rather not pull the dragons tail.