Use case of anonymous coins? | Bitcointalksearch.org

Zero1One0

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Quote from: tactac on October 22, 2018, 09:52:31 AM

How do you think what kind of use case is appropriate for anonymous coin other than money laundering?
I think that it is suitable for purchase of adult content, but I can not get an idea anything else.
How do you think about this Huh

I do value privacy. While I have made good acquaintances in the crypto space, I don't think they need to know how much I have in my wallet.
Also, if you are a known and wealthy crypto celebrity, if they get to profile your holdings/wallet, you will be a target of scams or hacking.

To simplify my analogy on privacy. While the public address is visible (like the external of your house).
Viewers from the outside/neighbors, etc, do not need to know what is in the content or what is inside of my house.
I'm sure everyone values their privacy to some extent.

xialan_lu

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I do not know clearly about this because I have never transacted using any cryptocurrency, but rather focus as investors and traders. In another sense, I only use crypto as an investment instrument no using it as a transaction tool, because in my country this is prohibited.

bayu7adi

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paper money is going away

technology is created to make it easier for us to do things, if indeed this is a bad impact of technology, you have no right to judge people who use the technology
for example, nuclear ... with nuclear we can make a nuclear power plant with benefits that can be felt by many people, but with nuclear we can also make a big bomb that can kill millions of people in just a matter of hours
bitcoin is one of these technologies

ableh

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Quote from: kutangterbang on October 22, 2018, 10:30:41 AM

due to too much thinking about privacy, a lot of negative things can be done, maybe it could be to develop a drug network, gambling etc, but also not a few people who use it for a variety of positive activities, such as charity projects etc.

As we know, banks and governments dislike cryptocurrency because they fear the positions of fiat currency will be replaced, so even though cryptocurrency has a positive side they will always look to negative side, and use these shortcomings as a tool to bring cryptocurrency fall.

FreeAirdrops

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Infleum

What if I want to have a private peer to peer transaction for goods or services... then privacy coins are great. It's kinda messed up that governments might steal 10% of each transaction in taxes... that makes crypto fees seem like a bargain.

halpi

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some kinds of taxes fraudulent or criminal money.
also I think that many people with paranoia use them. because they are really popular

Huskarls

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Quote from: Angelique Donovan on October 24, 2018, 04:27:50 AM

Privacy has nothing to do with doing something illegal. Anyone who wants to remain anonymus while purchasing something online or doing some other activity.

actually the two things are almost the same, some people will call it privacy because they don't want to know, of course this will be very problematic if we know who is pumping & dumping btc. Whereas they consider anonymous because there are other things that can be used besides using btc only for trading. Even ordinary users can risk being involved in actual money laundering if we know that BTTC is not anonymous

djgtr

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Quote from: agatha90 on October 22, 2018, 10:16:02 AM

not an anonymous coin is used to improve the way the crypto community uses privacy and rediscover the way there is no coin maker. I saw from this link https://bitcointalksearch.org/topic/bountyfork-anonymous-bitcoin-anon-earn-pre-fork-coins-5500-zcl-reward-4490206

You are right, the good thing to do is to keep the team strong and make the right way to let the project see the stability of it. Their are lot of anonymous coin it is because it leads to scamming but it is up to us if we are going to keep with it. Gather informatins and make this as a guide one.

JuanPaulo

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Quote from: Rob768 on December 01, 2018, 02:55:30 PM

Initally, bitcoin was used for anonymous transactions ago. I think the main thing why people use this type of coins is for illegal actions. To buy something in the darknet or smth like that.

You have little idea cryptocurrency features. I don’t do anything illegal, but it’s much cheaper for me to give Bitcoin to a friend than to transfer money to him. The size of the commissions and the speed is much better.

Febo

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Quote from: frost_wind on December 01, 2018, 02:47:43 PM

I think anonymous coins were created to satisfy the need of those who want to remain completely anonymous. Who might need it? For example, people who do not want to pay taxes or buy something illegal, which the authorities should not know . I would say that cash money always performed the same function, therefore, they can be used wherever you would prefer to use cash.

If you think you dont need private payments then please send me a list of all bank transactions you made last year. Thank you in advance. But remember. Now you send me this list. With using transparent ledger cryptocurency you automatically give this chance to everyone.

Rob768

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Initally, bitcoin was used for anonymous transactions ago. I think the main thing why people use this type of coins is for illegal actions. To buy something in the darknet or smth like that.

frost_wind

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I think anonymous coins were created to satisfy the need of those who want to remain completely anonymous. Who might need it? For example, people who do not want to pay taxes or buy something illegal, which the authorities should not know . I would say that cash money always performed the same function, therefore, they can be used wherever you would prefer to use cash.

bgpsq

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I do not support anonymous coins, there are many problems that can happen if anonymous coins will be globally accepted, it could be the beginning of the global anarchy.

Febo

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Quote from: tactac on October 22, 2018, 09:52:31 AM

How do you think what kind of use case is appropriate for anonymous coin other than money laundering?
I think that it is suitable for purchase of adult content, but I can not get an idea anything else.
How do you think about this Huh

Use case of coins with not traceable ledger are basically for everything except for organizations that needs wide transparency. I believe red cross will use Bitcoin. Governments will also use Bitcoin. All the rest will use Monero.
Fungibility is important trait of money. Also every person and every company will want to hide from everyone else what they did with their money in past.

BillyBelmonte

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Quote from: tactac on October 22, 2018, 09:52:31 AM

How do you think what kind of use case is appropriate for anonymous coin other than money laundering?
I think that it is suitable for purchase of adult content, but I can not get an idea anything else.
How do you think about this Huh

Buying some adult stuff like videos or toys. I heard that MasterCard sells data about my last purchases and I want my private life to remain private.

elis74

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Maybe your payment is anonimous for the bank, but it still could be traced by your internet provider and some other companies. It may be much harder to reach real anonimity.

Beargas0

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Quote from: tactac on October 22, 2018, 09:52:31 AM

How do you think what kind of use case is appropriate for anonymous coin other than money laundering?
I think that it is suitable for purchase of adult content, but I can not get an idea anything else.
How do you think about this Huh

In some countries it is more stable to keep money in crypto and anonimous crypto is the best way to become sure that nobody will know about your money.

Siegtal81

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I am really worried about FBI and other companies watchin us, but I cannot completely trust new anonimous cryptocurrencies. Most of them are very fake.

halisakal

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Quote from: tactac on October 22, 2018, 09:52:31 AM

How do you think what kind of use case is appropriate for anonymous coin other than money laundering?
I think that it is suitable for purchase of adult content, but I can not get an idea anything else.
How do you think about this Huh

for doing some secret activities maybe? Wink

witchcraft, for instance Grin

or money that are dedicated for affecting voting results, especially if it's from another country. you can watch the news to get the examples Grin

mihtju

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There are a lot of options for using anonymous coins, but I think that the majority will use anonymous coins only because they are tired of the total control of the governments of the countries for all people.

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