Quote from: gonzzo on February 12, 2014, 12:54:51 PM

Quote from: turtoro on February 12, 2014, 12:34:49 PM

Quote from: gonzzo on February 12, 2014, 12:05:38 PM

Hey Vertcoin Team

do you really think implement zeroCoin/zerocash is a good idea?
i'am not familiar with zc, but i understand this as anonymization service.

is not one of the reason, why btc still has a bad reputation (at least for most ordinary people), because many shady business/transactions were done with the coin?
maybe implement a anonymization service can help to use vtc better for shady business and will harm its reputation?

i talked about vtc with 2 of our customers yesterday and they have mentioned this concern and i can understand this.

What do you think about this?

btw: sorry for my english, but i think you know what i mean

There are legitimate reasons for anonymity.

For example, in theory, with bitcoin an employer might have the ability to see that you sent a payment to a psychiatrist which could affect your employment or your health insurance company could see that you regularly purchase from a tobacco/alcohol company increasing your rates, or simply your neighbor could if they wanted see how much money you are spending per month if they had your wallet id. These are just basic examples, but you can see the pandora's box this opens up. With regular banking, your spouse/employer/neighbor couldn't have access to your spending info if you didnt want them to, and the real world implications of this flaw in Bitcoin is important to fix. Privacy is crucial in regards to personal finance

Edit: search out matt green (zerocoin) speaches on youtube regarding the need for privacy/anonimity

sure and i agree there are allways good reasons for anonymity (i use thor from time to time)
but i think you and jballs are missing the point here, the questions is if this will harm the reputation of vtc. not if anonymity is good or bad (which is always a double-edged sword).

if potential investors with a lot of money to spend (i talk about 500'000 Dollars and more) have concerns about this plans and hold the money back, we should take this seriously.
well at least in my opinion ....

Perhaps, but then it would be their mistake. You would have to explain to them why anonymity is essential (just as financial privacy is codified into law). I would not compare zerocoin to tor, I see it more as not showing everyone your bank statements and monthly receipts. Reasonable people (investors) should be able to understand this.

As far as regulations are considered, we will have to wait and see. This is the year we will find out, and I also got a positive feeling from the NYDFS hearings