why decentralized ? - page 2. | Bitcointalksearch.org

tenakha

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

Honestly considering the current situation, I do not think that privacy coins will be widely used in the future. If people have a choice to live as they wish, then privacy coins can be widely used.
On the contrary I do not think future arrangements will support them. I even think that centralized coins will become more common in the future.

Silberman

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Quote from: landoffaucets on September 27, 2019, 12:19:04 PM

I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.

And after the government bans anonymous coins what are they going to do? Identifying the person behind those coins is a real challenge because those coins were specifically designed to protect the identity of the person that owns those coins, governments not too long ago had the same posture with bitcoin and now we are seeing them being more tolerant to it because they know they cannot destroy it and my opinion the same is going to happen with anonymous cryptocurrencies.

10BTCaDay

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definitely these coins will always be needed as long as there are people who want to be in the shadows. the black market will not disappear anywhere and will continue to use these coins

Febo

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Quote from: ivaf on September 28, 2019, 04:48:40 AM

And I fear that private coins will have to go into the shadows. Already now they are under rather strong negative pressure. After all, their use deprives the power of instruments of control over citizens.

Ofcourse and there wil be much more preasure in upcoming years. But that si how it is. Remeber this: First they ignore you, then they laugh at you, then they fight you, then you win. It seems we are slowly leaving the laughing phase.

ivaf

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And I fear that private coins will have to go into the shadows. Already now they are under rather strong negative pressure. After all, their use deprives the power of instruments of control over citizens.

Shallow

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

Why decentralized? The answer is to show us that indeed we can own our details be it financial or otherwise and this is the basis on which privacy coins are built. Yes, I have same belief with you, privacy coins are still and will still be relevant in this space; the current situations can only beat it around but can't entirely lead to its extinction. Talking about decentralization, I think it will be wise for privacy coins to have a dedicated exchange which won't limit their usefulness since most people or exchanges are now seeing it as a threat.

mirgo1791

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to work on decision as use with the occupation of the blockchain technology to helps on customs as users to manage with extensive of decision as managing tasks with evaluation.

NathanJB

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

Privacy is one huge factor in the game of cryptocurrency. You remove privacy and perhaps you are already removing one very vital organ of the crypto body. It might end up too vital as to cause crypto's untimely death.

But of course, the privacy that different cryptocurrencies are offering vary in degrees. Monero being the most popular privacy coin. It certainly puts Bitcoin behind it, not even the second in line as there are also other altcoins whose primary feature is privacy. For me, Dash comes second.

MonsterV

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Quote from: pawanjain on September 27, 2019, 10:46:09 PM

Quote from: landoffaucets on September 27, 2019, 12:19:04 PM

I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.

The governments will never approve anything to take over itself from being in control. But the blockchain technology is so revolutionary that the governments will have to approve it to be in co-existence with itself that is why the governments will have no other option to regulate the technology and use it.
So we kinda know what's eventually gonna happen. Better to stock up some potential coins Tongue

I will not side with anyone, government or bitcoin but many possibilities in future can happen in my perspective. It could be that bitcoin would be completely banned and it could be that bitcoin would continue to grow side by side with fiat, this depends on how we make changes now. But I really hope that bitcoin will continue to grow even though possibility is still fifty-fifty.

Quote from: ethereumhunter on September 27, 2019, 11:20:40 PM

I believe cryptocurrency will be bright in the future and not just for privacy coins, but if people have to choose privacy, then we will see the new trend will be on the privacy coins. That will make privacy coins will increase in demand because many people will want to buy that coin. But the government cannot control cryptocurrency as they can't stop the cryptocurrency unless they cut off the internet connection, which will impact too many things in our life.

Indeed, any government cannot stop control of crypto. But they were able to freeze all crypto companies like exchanges that were able to knock out all coins. Except they all transact on the darknet.

J9901

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Although this centralized model has existed for centuries, the idea of a decentralized exchange is new. The concept is only possible with the creation of crypto assets and a transparent, immutable ledger. Using the blockchain to keep track of ownership without a 3rd party, we can create a marketplace for exchanging these assets that operates without permission or oversight.

quierx16

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Because governments are greedy and corrupt centralization is a good idea but there is a bad side leaders can be manipulated by money which makes the country worst there is always disadvantage on everything.

juperos

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In the beginning, when I thought about bitcoin, I believed that this is a place that can make a lot of money, but it can also take a lot of money from greedy people.
in the decentralized market, it happens to be weird and new things because it's not under control. I like volatility like this because volatility always makes us rich.

akirasendo17

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Quote from: lionheart78 on September 27, 2019, 11:55:34 AM

Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

People will definitely choose the currency that the government cannot control, but the question is, do they have the option to do so? With all these regulation stuff conquering the cryptocurrency industry, I do not think that cryptocurrency won't be controlled by the government in the future. Aside from that privacy coins are being monitored and ban from exchanges since the government cannot do anything to track it so they would at least have to stop people transactions and exchanging it (though i believe it will be futile). So for now all I can see is that privacy coins future is kinda dim and will be widely used in the blackmarket instead.

You're right sir maybe today coins will not be control but judging with the situations where in the government is trying to look on coins , and they wan't it to be regulated, when that happens all the coins that will be created will be then need to be approve by the government, some government now is making move's , as an alternative it for the coins not to be controlled by our government that is really i think the way as what you said it will go dark, and will be use , in the black market

cahbagus555

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

Same with you, I believe the future of cryptocurrency will be brighter. The condition that is happening now, in my opinion is temporary because the global economic conditions are uncertain, if the market has begun to recover, I think the price of cryptocurrency is good and has a product will go to the highest price again

ethereumhunter

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I believe cryptocurrency will be bright in the future and not just for privacy coins, but if people have to choose privacy, then we will see the new trend will be on the privacy coins. That will make privacy coins will increase in demand because many people will want to buy that coin. But the government cannot control cryptocurrency as they can't stop the cryptocurrency unless they cut off the internet connection, which will impact too many things in our life.

pawanjain

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Nothing lasts forever

Quote from: landoffaucets on September 27, 2019, 12:19:04 PM

I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.

The governments will never approve anything to take over itself from being in control. But the blockchain technology is so revolutionary that the governments will have to approve it to be in co-existence with itself that is why the governments will have no other option to regulate the technology and use it.
So we kinda know what's eventually gonna happen. Better to stock up some potential coins Tongue

bgaf

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

If you have read the news about the okex Korea restricting and delisting of the 5 privacy coin included the XMR monero which is a solid one then youre perspective will change. Many people think that some feature of privacy coin such as untraceable address or cannot retract or monitor the sender address or txid is a huge risk concerning the possible using it as a source of illegal or hacking activity.

BlacksmithCorporation

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

I think the future of private coins is uncertain, financial regulators certainly don't want these coins to exist, because they are the right tool for money laundering. Okex and Upbit recently delist private coins required by FATF as an example.

Febo

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Quote from: cryptofirm on September 27, 2019, 08:15:18 AM

Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html

maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?

Digital money has to be decentralized and without transparent ledger. Otherwise it is not real money.

vintages

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Privacy means a lot to people especially when it has to do with money.
Don't blame them when they seek decentralized and anonymous system for saving, paying and other related activities.
Also, many people are moving away from the bank because they trust them less. With the way they handle their funds.

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