Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 19/05/2015, 21:32:29 UTC
It seems reasonable, and afair TPTB have cracked down on exchanges for game currencies because they do realize this threat.

Is Monero ready to resist such crackdowns? Does it have decentralized exchanges? Can the authorities not track down IP addresses and make examples to discourage others from subverting a ban?

Might work.

My idea is an area that is more targeted to the market of those who need anonymity and thus might be more willing to fight. Not sure if game players want to pick an unnecessary fight with the government.

I like your posts but IPs is one of the least worries for privacy in a coin, the "worst" they could ascertain is that you made a transaction to... somewhere, a Monero crackdown would only Straisant effect it, they can't even block torrents, how would a ban take place? They can't ban it everywhere in the world at same time.

I may have forgotten the specific details of the unlinkability (been away from that for some months) but afair the IP address can be associated with a total payment amount and the output addresses. The unlinkability only creates a new address for each payee for each payment, but doesn't hide this new address. Thus on the next spend of the change, the input to the ring it likely known. It is these sort of combinatorial attacks (other variations) that I think might breakdown Monero's anonymity. Smooth please do correct me if my recollection has failed me.

A ban works with fear. They make examples of a few users. This maybe works where the users don't have much incentive to be fighting the government. If the users have a great incentive for defiance as is the case for Torrents then the government is impotent.

And precisely my idea for an altcoin is more down the line of the Torrents market than gaming. I am wondering why gamers need anonymity and would fight the government.

Ditto investors if they see any risk of being unmasked, they lose confidence to invest in great size. Torrent users know the government is playing a losing game of Whack-A-Mole against them. Investors maybe don't feel this way when the examples are confiscation of $millions (unless it reaches the point the government is going to take their money anyway).