Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
MasterMined710
on 11/10/2016, 19:25:05 UTC
Correct me if I'm wrong here. Doesn't the recent compliance integration disqualify Dash as an anonymous crypto?

https://bitcoinmagazine.com/articles/interview-dash-and-coinfirm-on-digital-currency-compliance-partnership-1475867943

There's no value in making crypto complaint when the principal design is peer-to-peer. This goes against the core fundamentals on which bitcoin was founded. Why would someone want to use crypto that is compliant when they can use fiat currency that is far more stable as a measure of value and accepted in more places.. Bitcoin adoption and cryptocurrency in general is a movement to replace the existing system with a crypto economy not comply with regulations made for financial institutions. The goal is to get merchants and customers using crypto not some regulated fiat replacement or card that interfaces with existing clearing house infrastructure. Apparently the people working on this coin didn't read the first sentence of Satoshi's white paper..

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

- Satoshi Nakamoto,
https://bitcoin.org/bitcoin.pdf


you are wrong, nothing changes and dash's anon is still untraceable.