Post
Topic
Board Altcoin Discussion
Re: Can Bitcoin maximalism be defeated in the reality of adoption?
by
iamnotback
on 11/06/2016, 05:54:28 UTC
kiklo,

Although I plan on adding a form of anonymity (a new design I discovered a few weeks ago) which I think is more realistic (scalable and doesn't need Tor/I2P) than Zcash, Monero, and Dash, I don't view that as the main feature necessary to overcome the 666 problem in front of us. Nor is anonymity for the mass adoption. Anonymity is going to be there for when you need privacy. If the NSA wants to track what you are doing, it will be almost impossible for you to obscure all the metadata with any anonymity design. The most determined can probably be anonymous to the NSA, but not the masses. For the masses, they just need privacy from hackers.

Per the 2014 quote of AnonyMint in my prior post, I believe the way to overcome is to enable zillions of instant microtransactions and to make the block chain not trend towards centralization (all the block chain designs so far do trend to centralization). In this way, the people will do so many minute transactions and it will be done in a decentralized context, so there is no way to really control it.

The scaling required can't be done with any design that has been promulgated so far that I have seen.

Make it uber popular, decentralized, and make the transaction size so small that it would cost the government orders-of-magnitude more to document every transaction than they could steal with taxes. Given decentralized nodes for consensus, the government can't really regulate the nodes, they must regulate the users.

Take away the honeypot of profit, then the crocodiles go some where else. Let them have their expropriation with Bitcoin and fiat. We go bifurcate the economy.

This has been AnonyMint's plan since 2014 when he first discussed with CoinCube bifurcation of the economy as the debt laden old world Industrial Age collapses, and we usher in a new Knowledge Age.

Finally now all the technology necessary has come into clear view. And AnonyMint is healthy enough to code.

Yeah Litecoin+Coinbase may have a role to play in that old world fiat collapse clusterfuck.

P.S. For those who believe in the Biblical, I think it says the 666 is a mark and implant into our bodies. I believe this may support the notion that the overlords won't succeed by regulating only the nodes, and they will have to regulate each and every human. So maybe it is not yet time for the overlords to win. Maybe we the people do win this time.


It won't be long before they can take your phone from you during a traffic stop and see if you have a Bitcoin wallet on your phone.  If you do they will then confiscate your phone and you will have to prove your Bitcoins are innocent (and your phone is innocent) before they will consider giving your phone and Bitcoin wallet back to you.

This is why we will keep only an operating balance in a phone wallet.

The main balance will be a colder storage at home in a vault, or in safety deposit box. You will periodically move funds between your hot mobile wallet and your cold storage.

Btw, it really sucks what happened to you. Charge it to experience!