Let me tell you darkcoins potential = potential to get itself banned, exchanges taken down and other alts banned.
You assume of course that the community will fail to launch a decentralized exchange and that >150 countries (including countries which have assessed digital currency as legal) would somehow simultaneously ban the coin, preventing exchanges operating in them. How likely is that double assumption?
I assume one look at your thread with calls for decentralized drug exchanges, now this one with hopes for pedo sites...is actually enough to get this board taken down. If i were on the darkcoin thread i would be banning these people and moderating that thread.
A digital currency with the sole intention of being anon is sadly probably not part of the deal. I mean you could phone up to enquire but after watching the hearings live i noticed they seem none too keen.
What is more worrying to me is that the alt community is not up in arms about darkcoin..... strangely enough i was kind of pro anon coin way back.... however after watching the hearings i am now certain dark currency is the biggest threat to crypto.
It was all laughing and fun unitl the talk about dark currency came up. The laughing stopped, the discussion stopped, the kind of this sounds interesting, we like the sound of this innovation that could make us money and be good for business in all kinds of ways.... all stopped. We will never accept dark currency, bitcoin needs to be transparent or forget about it. That was the message i really can't see how the message was not clear.
The funny thing is >150 countries the US probably makes up like 100 of them, .... Russia don't like the sound of it. China well mixed signals but they like control so proabably not too pro. The Uk will do as the US says of course. Kiss those goodbye and bitcoin is about $1 again.
Things are going okay i guess, but any big moves towards dark currency i fear the worst.
Decentralized exchanges are needed, let's get them going....where have they been for the last 4 years?
However still, if using crypto becomes banned and carries the same penalty as money laundering then i think the user base will shrink somewhat regardless of what exchanges there are.
Darkcoin is a great idea, sadly it is just not worth the hassle for the gains the average user will get from it.
A lot of the bitcoin community are against greater transparency, and perhaps bitcoin is already transparent enough. Although to hear the bitcoin bigwigs talking they will make you take dna swabs if it means big business accepts bitcoin and it can go to 50k per coin.
I guess the choice is for everyone to make personally. I like privacy, i want more privacy. Will i demand privacy over crypto existance in any meaningful form.....in this case no. Fuck it we're on to a good thing, let's not rock the boat with the only semi pro gov out there right now.
Sure keep darkcoin, but the moment it endangers all other crypto i hope the rest of the commmunity are ready to cut it free on its own....don't take every alt down with you.