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Topic: Under supervision, do you think that anonymous coins have a future? (Read 612 times)

legendary
Activity: 3010
Merit: 1028
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if that happens, then the anonymous coin will look like it is not anonymous because it is under government supervision. and all transactions will be known as well, so there is no way to avoid taxes.
I believe that the main reason why these anonymous coin created is not for avoiding taxes which is a grave mistake if you use them for that purpose and the consequences once they find out thay you're doing such practices. Even if in the future these anonymous coins will be under supervision I guess the government only able to supervise it through exchange and not directly considering the nature of its anonymous coin's blockchain.
member
Activity: 812
Merit: 11
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal

I think it's not very useful if we hold anonymous coins just because we want our transactions to be unknown to other parties. If we transact legally and do not violate the rules, I think it does not matter whether our transaction is anonymous or not because as long as we hold it in our own wallet, no one knows the ownership of the wallet
sr. member
Activity: 756
Merit: 251
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
But how exactly governments are going to regulate those coins? It is obvious that if you buy those coins in an exchange you are going to need to go through know your customer policies, but then people are just going to buy those coins with cash making face to face trades, and at that point it will be impossible to identify what they do with their coins, so in my opinion if there is one type of coin that has a future and that will never disappear are the coins that specialize themselves in giving anonymity to their users.

Crypto is really hard to regulate. There are always ways to get away from the monitoring and regulatory policies. P2P transaction is one. There are also decentralized exchanges where one can buy or trade their coins. There are also mixers to cut the tracks of a certain coin.
hero member
Activity: 1092
Merit: 501
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
But how exactly governments are going to regulate those coins? It is obvious that if you buy those coins in an exchange you are going to need to go through know your customer policies, but then people are just going to buy those coins with cash making face to face trades, and at that point it will be impossible to identify what they do with their coins, so in my opinion if there is one type of coin that has a future and that will never disappear are the coins that specialize themselves in giving anonymity to their users.
legendary
Activity: 2744
Merit: 1288
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal

With more KYC there wil be greater need for opaque ledger cryptocurrencies.

What governments do now is set regulations. Regulations will be more about how coins gets created then how they work.
sr. member
Activity: 1680
Merit: 262
if that happens, then the anonymous coin will look like it is not anonymous because it is under government supervision. and all transactions will be known as well, so there is no way to avoid taxes.
full member
Activity: 896
Merit: 100

Today's anonymous currency has risen nicely,So stick to your favorite investment and the return must be amazing!
I guess it's because of the factor in the market moving. there is indeed a time for bitcoin and the crypto market to improve prices. because for a long time the market has been less interested. investors and traders also experienced a decline. and now we will see the market really in improvement.
hero member
Activity: 1008
Merit: 531
Anonymous currencies will be valuable without a legal intervention, if anonymity is lost then there is no future with its concept. Anonymous currencies are easy to operate illegally and also difficult to control, which is what this market encounters and it is difficult for governments to control it.

As a result of this I don't think that regulation will necessarily make anonymous coins more attractive to investors.

It's one of these things where the inverse of the common paradigm is true. Because if there is excess regulation in the field of anonymity, then there could be the worry that there will be a lack of anonymity within the coin as a result of governments dabbling with the ecosystem.

But at the end of the day some of these regulations are inevitable and can't be stopped.
sr. member
Activity: 868
Merit: 251
Anonymous coins are coins that can be a threat to the government, because anonymous coins are created anonymously and have privacy so they cannot be tracked by the government. these will be pros and cons.
the future of anonymous coins will certainly be good if the interest of anonymous coins continues to grow without government intervention.
I do not think anonymous coins will be supported by the governments. If there is a regulation on crypto money, there will definitely be a limitation on anonymous coins. Their development may be due to darkweb, which in the end may result in the illegal acceptance of these coins.
yes darkweb is also the main reason why anaonymous coins can develop.
many transactions are done using anonym coins in darkweb to hide the user's identity. This makes many illegal transactions go well without the government knowing.
Today's anonymous currency has risen nicely,So stick to your favorite investment and the return must be amazing!
hero member
Activity: 1498
Merit: 785
Anonymous coins are coins that can be a threat to the government, because anonymous coins are created anonymously and have privacy so they cannot be tracked by the government. these will be pros and cons.
the future of anonymous coins will certainly be good if the interest of anonymous coins continues to grow without government intervention.
I do not think anonymous coins will be supported by the governments. If there is a regulation on crypto money, there will definitely be a limitation on anonymous coins. Their development may be due to darkweb, which in the end may result in the illegal acceptance of these coins.
yes darkweb is also the main reason why anaonymous coins can develop.
many transactions are done using anonym coins in darkweb to hide the user's identity. This makes many illegal transactions go well without the government knowing.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Anonymous coins do have a wonderful future only time would tell. No matter how the government try to regulate crypto, it will be hard for them to keep the track of all crypto. The reason why cryptocurrency was created, is that never to be monitored or get control over it by the government
Anonymity is just a feature that attracts specific group of people, not everyone wish to stay anonymous. In this manner whether the coin gives anonymity or not matters to a very little percentage while the continued development and the fulfillment of the people's need is the important factor that decides the future of anonymous and non anonymous coins.
member
Activity: 672
Merit: 29
Anonymous coins do have a wonderful future only time would tell. No matter how the government try to regulate crypto, it will be hard for them to keep the track of all crypto. The reason why cryptocurrency was created, is that never to be monitored or get control over it by the government
sr. member
Activity: 1512
Merit: 292
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Everything will depend on the development path that digital technologies will take. Personally, I believe that in the future, each person will constantly monitor his life, accessible to all people at will.
Consequently, anonymity will not be as such, and therefore the crime associated with anonymity will not be either. In view of this, it can be assumed that in the future there will be no need for anonymous coins.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
I don't think that the governments can really stop any anonymous cryptocurrencies unless there are specific mandates, policies and regulations purposefully put into place that would stamp out any cryptocurrency to fiat conversions. That would really stifle the scene and people would start panic selling. Instead I believe organizations like the SEC, CFTC, the treasury departments and congress will each issue some sort of small amount of guidance on to to proceed lawfully within these sectors. The toughest part is to prevent the strangling of innovation while still maintaining balance and order.
sr. member
Activity: 1988
Merit: 268
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Anonymous coins for now I think have not found the best time to get success, which government do you mean, it seems that no government has the right to oversee these anonymous coins, but can they be called anonymous coins if they are listed on the exchange that requires users to do so KYC, so it looks like what anonymous coins are discussed here
sr. member
Activity: 728
Merit: 254
Hello everyone and Merry Christmas! According to the current situation, cryptocurrencies are about to be brought under government supervision. Do you think that anonymous coins have a future in this case? How should we choose, thank you for your proposal
They have future, only if government will allow them. The biggest problem of anonymous coins have to face is the government. Even if there is a big demand over it, the government will be its biggest hindrance. I don't think it will be easy for anonymous coins to be accepted in public because I really doubt that the government will allow and support it. People can take too much advantage of it.
jr. member
Activity: 340
Merit: 2
Anonymous currencies will be valuable without a legal intervention, if anonymity is lost then there is no future with its concept. Anonymous currencies are easy to operate illegally and also difficult to control, which is what this market encounters and it is difficult for governments to control it.
legendary
Activity: 3108
Merit: 1029
I think anonymous coins have a future in any case. Unless we fall down to some kind of total dystopia world lol Smiley But I don't think this question will matter in this case, heh Smiley
You can say so because in crypto we will have to face this anonymity and it is the reality that crypto is anonymous and no one knows what is going to happen next so invests your money and just forgets about the anonymity of crypto. It is a good feature for the investor as no one would know who is having how much crypto coin it all will remain secret.
I agree with you that encryption is a future development trend and cannot be banned, but may be regulated by the government, so more people will invest in cryptocurrencies
Encryption should not be the future of development but that has already achieved to bring a good privacy tech to the crypto users. Remember privacy is the main aims for cryptocurrency as the centralized system is forcing us to never try to control our economic.
As long as the privacy coin still used centralized exchange site and that can be banned anytime.
hero member
Activity: 1358
Merit: 509
Anonymous coins are coins that can be a threat to the government, because anonymous coins are created anonymously and have privacy so they cannot be tracked by the government. these will be pros and cons.
the future of anonymous coins will certainly be good if the interest of anonymous coins continues to grow without government intervention.
I do not think anonymous coins will be supported by the governments. If there is a regulation on crypto money, there will definitely be a limitation on anonymous coins. Their development may be due to darkweb, which in the end may result in the illegal acceptance of these coins.
sr. member
Activity: 1988
Merit: 453
All the anonymous cryptocurrencies (including Monero, Zcash, Deep Onion, Veil, Verge.etc) are facing issues of liquidity. Trading them in the exchanges (where KYC is enabled) is going to attract unwanted attention from the authorities. And there is not enough liquidity available in the DEX sites and P2P platforms to trade these currencies. The 24-hour trade volume for XMR used to be in the $200-300 million range. Now it has decreased to a fraction of that number.
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