Post
Topic
Board Bitcoin Discussion
Re: What do you think about the anonymity aspect of Crypto Money?
by
chaoscoinz
on 23/01/2019, 21:39:59 UTC
I see a lot of news regarding criminals who use the cryptocurrencies to hide their identities from authorities. There is also a ton of other evil things connected with crypto, such as hidden miners, fake exchanges etc.

Personally, I am very excited about the underlying bitcoin technology (science and tech are my favorite domains). However, what do you think, will Bitcoin (or other coins) do more good than harm for humanity in the future?

I am very excited about this innovative technology and opportunity as well, even if Bitcoin itself plummets, Blockchain itself has really changed the world, because, the current pace and trajectory we're heading with our technology, transparency will most likely end up being a normal occurrence in everyday society. The fact that you can remain pseudo-anonymous, yet still have transactions on the chain public, really disrupts the current financial tech industry.
  In a way, the blockchain kind of forces many industry hands to adopt this new innovation, as the old style of bookkeeping becomes more and more obsolete, eventually doomed to fall by the wayside.
  Whenever there is a new innovation, you can be sure there are those who might see it used for criminal purposes, naturally this comes with the territory  Embarrassed. Overall, the future looks pretty bright for Blockchain tech, but I really can't say what the future holds for Bitcoin.  Huh

Just my two cents!