Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
freedomgo
on 04/04/2016, 14:06:43 UTC
Will the Panama Papers have any effect on XMR?

Not unless a lot of people end up going to prison.  Otherwise, I would say no.  I suppose in the long run it may teach people to exercise 100% control over their stores of value, which can be facilitated with some cryptocurrencies.

Currently I am of the opinion that the so called Panama Papers are a gigantic joke.

a crackdown looks likely for tax havens and their ability to hide money. isn't that an opportunity for an anon crypto?

Yes. People's wealth should be protected. It should not be processed by certain companies. So it is more secure.