Ninjastic
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Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
ArticMine
on 04/11/2015, 23:39:22 UTC
Quote from: owm123 on November 04, 2015, 10:34:27 PM
Quote from: canth on November 04, 2015, 08:14:39 PM
Possibly relevant to XMR speculation. Zerocoin seems to be moving forward - they at least have an angel page with investors from a previous round.

https://bitcointalk.org/index.php?topic=362468.msg12884424#msg12884424

It is supposed to be created by a commercial company Zerocoin Electric Coin Company
http://www.bizapedia.com/de/THE-ZEROCOIN-ELECTRIC-COIN-COMPANY-LLC.html .

Since this is a USA company, NSA back doors and surveillance can be present. ANd why would it be made by a company? Why bitcoin ppl or just regular volunteers do it, like bitcoin was done?

Well if they try to monetize the emission in any way they will become an MSB and be subject to FinCEN regulation. This was the case with Ripple. FLOSS, a clean POW emission, combined with donations (money or in kind) to fund development as is the case with Monero avoids this regulatory risk.