Use case of anonymous coins? - page 2.

akunta

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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

nice thought! i guess it can be used when buying some medical drugs, when making charity transactions, for supporting some project that has controversial idea, politics/religious reasons

Mr.Ease

hero member

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Quote from: FLHippy on October 22, 2018, 09:56:48 AM

Some people care about their privacy too much.
Some people are paranoid.
Some people do not want to pay taxes.
Some people do illegal activities.
And many more Cool

.

Yeah, well... Most cash is anonymous. Why should someone know what I spend my money on?

It might not be so important for the individual, but companies like to keep some transactions secret. There are a ton of reasons why you wouldn't want everyone knowing where and how you spend your money.

Kerrajan210

newbie

Activity: 4

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People might want privacy while buying something and might not want anyone to know. It doesn't necessarily have to be for money laundering purposes. For example a person wants to by a condom and he might not want goverment spies to monitor his transaction.

Kaoeveth001

newbie

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The idea is very simple. If you want your privacy you use these anonymous coins. What you do with those coins completely depends on you.

Gelanwan01

newbie

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Anonymous coins like Monero are used to strengthen the privacy, nothing else. People don't like to expose what they are doing or where they are spending their coins. The idea is just to make private transaction.

Alilamas212

newbie

Activity: 6

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Simply to make transactions privately and not getting traced back but the use can be for anything. So it is better not to think about it and embrace the feature frankly speaking.

coinplus

legendary

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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

There are two types of reasons to use them. One is privacy from really hard dictator like countries where you really need to get your money out and if they are really interest in blockchain and bitcoin and all kinds of stuff and really hard on your economics and when you try to leave the country check everything on your background than they could potentially find bitcoin and similar stuff thanks to bank account transactions from such companies. Even with your IP that could be traced. However if your have a wallet with Tor already built-in with it (like spectrecoin) than there is no way they could ever follow your transactions and you can do whatever you want it.

Second one is more conspiracy theory type people, they could do whatever they want with their money and save it aside with a privacy coin and they can rest assured the government is not "out to get them" because their money is protected and hidden.

carrascos

jr. member

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everything is much simpler, they just make it possible not to track the amount of your money and thus do not pay taxes

Iwillgotothemoon

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Activity: 171

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It is said that some terrorist organizations and dictatorships like anonymous coins. I heard that ISIS and North Korea like Monero. They are using Monero to buy weapons and equipment, and to sell drugs and artifacts.

Audrina Harvey

newbie

Activity: 19

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The need of anonymity is not just for the illegal contents and the shameful one. It is also a business strategy to exchange without any hesitation with whoever one wants. And there might be many threats from the criminals while transacting money, but in this way, the anonymity gives safety.

passwordnow

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Quote from: Risoruni on October 22, 2018, 11:10:51 AM

Quote from: passwordnow on October 22, 2018, 10:43:19 AM

Its not only about those use that you are thinking, everyone who wants to remain anonymous when purchasing online that's all.

That's not about illegal use but its just someone that wants to remain private.

Agree.
Anonymity doesn't mean that user plans to engage in criminal activity. Anonymity is important for those who want to protect their identity under any circumstances.

It is being used and an advantage for those people who are engaged with criminal activity but yeah that's not it.

We value privacy and this is why many are staying to let themselves hidden on the web because of many fraudsters that are using others identity to get involve with such acts.

mullzerwar

sr. member

Activity: 574

Merit: 250

I think anonymity not just be used for some bad things, people also need to have their privacy when they need to sent or receive money.
That is where anonymity from blockchain technology came to help the people.

cryptosamuri

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lets make money together!

With all the i formation being collected by all the different governments, advertisers, lawyers, ...etc. There are lots of reasons anonymous coins are needed. You get divorsed and your ex is trying to take everything, you have a health condition and your getting experimental treatment your insurance doesnt need to know about, if you need to see a doctor or have a test done, anything u need to pay for that is none of anyones elses fuckin business. Anything you buy now that ypu prefer to pay for in cash.

Chachacoin17

sr. member

Activity: 672

Merit: 250

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

Count me on mate, for sure not an anonymous coin is the solution but rather to think deeply an idea and be creative or innovative on what to do to have an improvement. The better development is the main part that we are talking for so that we can be able to see what is going on with other coins but for sure they are still can be use.

Pffrt

sr. member

Activity: 1372

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It depends on you. Without the above reasons, there are some people who don't want to share with others what he is doing with his money. I don't want to reveal any information about my money and that's why I may use anonymous coins. Apart from those, when you are ordering something from online and don't want to leave a tail, you should use anonymous coins.

Lake20

copper member

Activity: 126

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Some people value their privacy so much without having any intention of using it commit to crime but that has it be, privacy coins are predominantly used by criminally minded people to commit all sort of atrocities and this what defeat the aim of privacy coins.

tamango

full member

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Adult content is certainly one sector. Another one can be if you want to buy something like weed and rest anonymous.

ranggenga

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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 think it can be used to make payment on any sensitive things that no one may not know, just for example paying any bill or sending any private fund, if it was anonymous then it would be safer cause no one knows about that transaction.

allohha

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Quote from: lelou on October 24, 2018, 12:12:33 PM

Privacy! Do you like it when people are tracking every transaction you do irl? Even I do nothing illegal, I don't want people knowing every move I make.

in fact, any attention from my side causes negative emotions. Just and should do his job and not touch the work of another person. Based on this, I fully agree with you that even without fraudulent actions, without any reason for that, I am totally opposed to tracking my transactions.

lelou

full member

Activity: 574

Merit: 102

Privacy! Do you like it when people are tracking every transaction you do irl? Even I do nothing illegal, I don't want people knowing every move I make.

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