Quote from: KeyJockey on September 28, 2017, 05:02:20 PM

Quote from: Nathan047 on September 28, 2017, 04:50:59 PM

... dont think that Coinbase an anonymity go well together, although I guess I could be wrong...

Aaaaaahhhhh goddammit *THIS* again... when oh when are ppl gonna get offa this fucking 'anonymity' focus and REALIZE that Monero is best because of FUNGIBILITY (a critical necessary absolutely essential aspect of what makes it possible for *anything* to be used as actual "currency")

The happy accident that makes full honest-to-God fungibility just conveniently also provide untraceable anonymity ain't the point. That's just a lucky nice bonus that we get BUT it's NOT THE POINT OF MONERO AT ALL in fact.

Srsly we monero-early-adopters really have GOT to GODDAMN get ON this message much STRONGER.

We have to kill this constant newbie focus on "Oh, Monero? That's an anon coin, right?" and really try harder to flog the Fun-fun-Fun-FUNGIBILITY understanding.

I agree but it's so repetitive you just start ignoring things when you see them repeated over and over. For instance I just get sick of repeating fundamentals like trusted setup and centralization (hence mutability) go against all the tenants of the creation of CC.

Quote from: cAPSLOCK on September 28, 2017, 05:12:47 PM

To that point...

In some ways Monero is no different than physical cash. You deposit it at the bank, they have a record. You withdraw it... they have a record. In the same way you buy Monero at Coinbase. they have a record. You sell it, they have a record. Deposit it... they have a record, withdraw it... they have a record. They follow their AML/KYC stuff and they know what they need to know about their customer.

The differences are this. Did your Monero come from a Poker site? No one knows. Coinbase doesn't know. So there is no need to blacklist it. I don't think Coinbase really wants to have to be the police. They want to be an on/offramp for crypto.

Coinbase would be crazy not to want to support fungible crypto. It would make their lives lots easier.

And it leaves the police work to the police.

True and they have actually shown a little backbone by fighting lea's blanket request for user info.