Post
Topic
Board Project Development
Merits 1 from 1 user
Re: Winklevoss Brothers propose Virtual Commodity Association (self-regulatory org.)
by
Patatas
on 17/03/2018, 04:49:59 UTC
⭐ Merited by buwaytress (1)
Totally against the idea.Cryptos nowadays are heading towards a path that they're not intended to be.Why would you want to centralise so much ? KYC/Standard procedures will heavily centralise the structure and that is not what cryptos are developed for.It's sad to see anonymity being fucked in the arsehole with all these ICO/exchanges.
Your standards established will rule out the fraudulent ICO's along with the one's which have great potential.I will never support such protocol which tries to build a small government around an "suppose to be" anonymous world.

This will likely be manipulated by the governments, any point of centralization will be tested. Ripple will be among the first order of business, most likely.
It's ironic how they will be building another government to escape from an existing government.