Topic: Use case of anonymous coins? - page 3. (Read 725 times)
Thinking about privacy,a lot of negative things can be done,maybe it could be to develop a drug network,gambling etc. It's all about to make others will unable to trace your transaction history and that's the only useful thing in the privacy coin.
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.
Privacy has nothing to do with doing something illegal. Anyone who wants to remain anonymus while purchasing something online or doing some other activity.
Many people insist on total privacy. They want to be completely annonymous while purchasing. Not all of them want to hide their identity because of their illegal activities, but sadly there are a lot of criminal activities going on.
I don't really see anonymous in buy the privacy coin as far as you submit your kyc on the exchange and the coin was bought with your name the it can be trace to you and if send to any other person you will definitely know who you send to and why I see no secret really in it.
Soon anonymous coins will be removed from all leading exchangers, because the regulatory rules that will be introduced by governments will not allow anonymity. But friends, do not forget that we have P2P exchanges and decentralized exchanges. But on decentralized exchanges there will never be an opportunity to sell coins / tokens for fiat money.
I think anonymous coins mostly used for illegal activities. whenever blockchain technology is the transparent transaction.
Anonymous coins are often used to buy illegal goods, to visit and donate in the darknet.
Anonymity is the mos important characteristic in crypto because of meaning of this sphere. I prefer anonymous coins because they have more opportunities. Monero is the best coin in this criteria.
Why do anonymous coins appear? Because it is a privacy coin. So it is usually used in people who can not use normal channels to buy things. For example, guns. Drugs cannot be traced.
Currently, anonymous coins are certainly the most used for illegal activities.
Nevertheless, there are certainly other reasons why we need something like that.
I think they are useful in areas where people are oppressed, etc.
But someone who has nothing to hide, does not need coins that are completely annonymous.
Nevertheless, there are certainly other reasons why we need something like that.
I think they are useful in areas where people are oppressed, etc.
But someone who has nothing to hide, does not need coins that are completely annonymous.
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.
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.
Criminals, gunmen and drug dealers are the ones who use them most. Ensuring confidentiality of source information is their biggest priority.
you need to be sure what you are investing in and realise that using coins you are not sure at may be bad for your business 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
i have never used them as i am not sure that they are safe enough to be used and i do jot want to risk my money because of them 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
Criminals, gunmen and drug dealers are the ones who use them most. Ensuring confidentiality of source information is their biggest priority.
Most of it were used as a money laundering and selling drugs, but it does not mean it has no real use case at all. as far as i remember the reason why peoples are looking for something anonymous was due to 'security' and 'safety'.
there are a lot of 'bad guys' in this world, such as hacker,gang and something like that. and if you send a lot of money from your wallet to another wallet, they will chase after you and you might be in danger because of it. that was why many peoples were looking for something anonymous to keep their life save from those 'bad guys' and protecting their things.
fishs do not really care about this stuff but whales do.
there are a lot of 'bad guys' in this world, such as hacker,gang and something like that. and if you send a lot of money from your wallet to another wallet, they will chase after you and you might be in danger because of it. that was why many peoples were looking for something anonymous to keep their life save from those 'bad guys' and protecting their things.
fishs do not really care about this stuff but whales do.
Anonymous coins are not my preferable because I trust only to checked ones that are clear for all sides and characteristics. But Monero is very promising for me.
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.
That's not about illegal use but its just someone that wants to remain private.
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
.
I can explain it in a simple sentence. It's all about to make others will unable to trace your transaction history and that's the only useful thing in the privacy coin. Whatever it has used by someone for anything else. I don't even care so much about that. blockchain is fully transparent and it's the opposite thing of it. Some people are paranoid.
Some people do not want to pay taxes.
Some people do illegal activities.
And many more
.
If you want to understand some people's insistence on anonymity then I suggest research the 4th Amendment to the United States constitution. Not simply what that Amendment states, but the rationale behind it. Read the writings of, most specifically, John Otis. You may find their thoughts on rights and protections are even more important now than they were 200+ years ago, given the possibilities for abuse at the hand of relatively advanced technology.
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