Topic: Will you use an anonymous payment system? - page 2. (Read 623 times)
Sounds like a centralized project well all you need to make me become interested is wide partnership across the globe, but if you want to go decentralized you won't be needing all you posted
when bitcoin or altcoin is used for transactions not related to fiat transfers, we can provide a sufficient level of anonymity by hiding the ip address, using mixers, etc. As soon as we withdraw to fiat, we lose this level of anonymity and in order to ensure privacy we need ways to circumvent laws that control money circulation.
In other words, bitcoin and the blockchain transaction as a whole are quite anonymous thing for the IT sector, gaming, trading, but for a serious business it will not help.
In other words, bitcoin and the blockchain transaction as a whole are quite anonymous thing for the IT sector, gaming, trading, but for a serious business it will not help.
I myself dont need it yet. but dont worry, there are many people here for anonymous payment system
if you look at entire coins/ tokens, there are many projects like that. and it atrracts many investors
If you can make it better, youll get interest from investors too
bcz the demand for that is big, just be a good 'place' to invest.
if you look at entire coins/ tokens, there are many projects like that. and it atrracts many investors
If you can make it better, youll get interest from investors too
bcz the demand for that is big, just be a good 'place' to invest.
There are many things here that could go wrong.
For an example, the supply and demand needs to transfer money from one country to another. There's no way to move large amount of money without the consent of the governments involved. Doing it illegally would be busted regularly. And then comes the security of the merchants. For most of countries, you need to be licensed to operate financial related tasks.
For an example, the supply and demand needs to transfer money from one country to another. There's no way to move large amount of money without the consent of the governments involved. Doing it illegally would be busted regularly. And then comes the security of the merchants. For most of countries, you need to be licensed to operate financial related tasks.
As much as I would like to have and engage in something like this, it is unfortunate that it is nearly impossible as there is not country which will support that. We can see the case of set back and rejection the bitcoin and other cryptocurrencies are getting from the government bodies.
You don't need a country to accept this type of transactions. If it would be created similar to decentralized exchanges, then being an anonymous creator no one would be able to determine one owner, because it would be anyone who would use this system. However, the danger is that the creator would have access to the transferred funds.
It all sounds fantastic, if not implausible. To assess the possibilities of creating such an anonymous payment system, you must at least indicate in which state you are going to launch it. In offshore zones, perhaps this can still be done, but in most states it is unlikely. International bodies such as the FATF require states to enact laws that would combat the laundering of dirty money and the fight against the financing of terrorism. Therefore, the creation of a completely anonymous payment system is now very difficult.
As much as I would like to have and engage in something like this, it is unfortunate that it is nearly impossible as there is not country which will support that. We can see the case of set back and rejection the bitcoin and other cryptocurrencies are getting from the government bodies.
will not use it unless it can benefit me 
the anonymous platform is not free from negative assumptions and will remain like that which makes your altcoin price not enough to gain potential in the future ,not transparent its liked by bad people
the anonymous platform is not free from negative assumptions and will remain like that which makes your altcoin price not enough to gain potential in the future ,not transparent its liked by bad peopleSame thought here, though if it established its reputation then maybe I will. But once it became famous government will come after this anonymous payment system and by that time, it will either comply with government regulation or be shutdown. It won't last long even if it prosper a lot.
Of course, I will use an anonymous coin project because I am really happy with this feature, but for your project, I'm not really sure it will go as you wish, I will use it if you really started the project.
Why build and make something like this when we already have bitcoin? It is anonymous, Bank Alternative, anyone can access it as long as they have internet, we already have merchants that accept bitcoin payments. The only thing is lacking in bitcoin in what you say is "free without any charge" But bitcoin almost charge like nothing when sending a transaction the fees are not that big compared to banks, PayPal, etc.
We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
There is nothing wrong in coming up with an almost perfect system with anonymous transactions but how long it can survive if the government starts targeting you is another question and if you gain traction there is no doubt they will be behind you and will pay the price.We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
Trusting an anonymous team is another question because we have seen many scams in the market till now and it is highly likely that people will trust an anonymous team at this point where billions are lost of exit scams. Do you think remaining anonymous as the lead team will affect trust?
I think yes i will use if is secure, and i like to use an anonymous payment system but my question is can i withdraw that money from your system if i need cash money for some payment.
Good day! Yes, it can scare. If you already had a working system, this already gives more confidence. But, as I understand it, you are still in the process and want to attract investors. But anonymity is still scary. Also, your product may be banned in countries where cryptocurrencies are currently banned. But I would use such a system. First of all, for security purposes.
When someone wants to build such a system, the first thing that comes to my mind is money laundering.
I don't understand why someone would use such a system if Bitcoin is used to send money and the decentralized exchange such as https://bisq.network/ to convert to fiat.. This system can only make life easier, but if owners are anonymous, do anyone will want to take that risk? I don't think so.
I don't understand why someone would use such a system if Bitcoin is used to send money and the decentralized exchange such as https://bisq.network/ to convert to fiat.. This system can only make life easier, but if owners are anonymous, do anyone will want to take that risk? I don't think so.
Well if it is a newly developing project then you can forget it lol. First of all, it does not make much sense that the team would want to stay silent and this makes is very fishy i must be honest with you. Anyway, we already have bitcoin which is quite anonymous and absolutely when you use bitcoin mixers to perform your transactions. If you guys, really believe in your project so much then you need to come out in the open.
Of the five options you wrote, I still use it, but I disagree with the first option, Verification will not be compulsory, this is indeed very anonymous, but for the sake of the security of the funds we have, a very large amount is very worrying, in essence, I think it is anonymous, but safe.
I will not be convinced to use anonymous payment, which is having a different between decentralized. Whom you will contact once there is fraud happen? This also needs a proper research and you might fall into the trap. A custodial payment system is better than anonymous even though they are both very risky on our part as a user. There should always transparency in every payment system.
We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
Good proposition but it should not be used for illegal money transmissions! How do your team ensure that dirty money is not getting added to your system?
I hope you know about Liberty Reserve which was closed down by FBI back in 2013 and it used to have similar facilities that you are planning to add! It went bust because Liberty Reserve had become the heaven for ponzi scammers and money launderers.
We are building a payment system like perfect money and the rest. The team want to remain anonymous cos of the following;
1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.
2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.
3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.
4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)
5) We are building a payment platform that would be controlled by the people without any Government interference.
We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
1) Regulations: We want users to be able to transfer lot of funds anonymously just like the way Bitcoin was initially designed. Verification won't be mandatory, even without verification users would be able to still send up to $50k daily.
2) Taxes: We are building a tax free payment system thereby making it possible for anyone to send and receive payment for free without any charge.
3) Bank Alternative: International transfer of money would be from peer to peer making it possible to transfer up to $100,000 in a day to any country and withdrawal orders would be fulfilled by Approved Merchants on the platform.
4) Uses no law of any Country, we want to create our own laws guiding the platform and power to vote would be allocated to stake holders (stake holders are the investors, investors are those who own a portion of the equity coin)
5) We are building a payment platform that would be controlled by the people without any Government interference.
We want to achieve a semi decentralized system with lots of advance features. The team has already spent up to $50k already in its development and planning also we intend to launch around early days in March, 2020.
Do you think remaining anonymous as the lead team will affect trust?
Sounds too good to be true, I have read a lot of this back 2018 as long as you don't do crowdfunding, I don't know how are you going to be anonymous when the government starts asking you to be compliant, I don't know how it can become no government compliance, we'll have to see first how are you going to do this.
There is always a pros and cons with anonymous payment system. Just like what you've said, that's the pros of anonymity why people prefer decentralized. But there's always a limiting factor. At some point anonymity can be something bad if used negatively like illegal activities. It's a con but a pro to criminals.
It's fine to use it if you think infos are not necessary at all but for sure people will take advantage of it and it'll be a mess.
It's fine to use it if you think infos are not necessary at all but for sure people will take advantage of it and it'll be a mess.
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