Quote from: americanpegasus on March 03, 2016, 02:22:13 AM

Quote from: bathrobehero on March 03, 2016, 01:50:43 AM

Do you realize how silly you look pushing Monero because of its privacy while you're trading it on an exchange that requires your ID to do so because said exchange bent over to the US government?

An appeal to a different argument. Yes, a decentralized crypto-exchange needs to be invented, I agree. This world is wide open for such a thing. In the meantime Poloniex works well, and I feel good that they comply with US law - I would worry about them getting shut down if they did not.

If your argument is with US law, then that is another argument too: even in the 'land of the free' people have to fear their government spying on them... don't you realize there will always be powerful people who want to take away your privacy? That's why privacy must be baked into an irreversible protocol layer, not an optional add-on feature that can be snatched away at a whim.

With privacy comes fungibility and the true moniker of 'money'. Privacy is not an add-on feature that can be tacked on, nor ignored. It is a fundamental quality of the best forms of money ans it has nothing to do with breaking the law or doing anything criminal.

Privacy is important, no doubt about that and it's sad that so many people don't care about it.
But privacy is non-existent when the exchange of coins happens on a centralized platform which is under the control of another centralized entity that is the US government that has detailed info about you. And they could shatter the exchange anytime they wanted but that's another topic.

Pseudoanonimity like Bitcoin or any other coin has, combined with either a decentralized exchange or multiple traditional exchanges (with even volume) that doesn't depend on a single centralized entity is not even comparable privacy-wise to a coin with privacy while 88% of said coin's volume is traded on one centralized exchange by people whose names and IDs are shared with the US government.