Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency
I read your Cloak Blog link and seems very interesting Byob/CloakX would be an anonymous broker service after all.
I wonder how Cloak will "allow me to legally position myself with SEC and other financial and regulatory bodies around the world" or to declare to the tax authorities because ultimately "each purchase involves calculating the capital gain or loss".
If Cloak and its Byob/CloakX succeed in establishing itself throughout the world and being adopted globally then Cloak can be an extremely effective breakthrough technology. To do this, it will require multi-lingual communication and push to personalize the communication on each Cloak shareholder. Cloak is pronounced how in the land of the rising sun? I wonder "GOG"
Hypothesis: The logical continuation of such a deployment as Byob would be a withdrawal card or via app like the one of Coinbase / Wirex convenient to recruit new customers and attract them to a feature to pay for coffee in crypto. Charges of 0.001 would be an ultra aggressive offer, a big fuck to the banks, at the sight of billions of possible transactions would be a rocket space to other universes in the sciences of complexity both from the fundamental theoretical point of view and from the point of view of their applications to economics and foresight.
It's all about mass adoption, for it to be adopted it has to work without any latency or hiccups, for that it needs innovative features. Cloak seems to be positioning himself there.
I wonder how Cloak will "allow me to legally position myself with SEC and other financial and regulatory bodies around the world" or to declare to the tax authorities because ultimately "each purchase involves calculating the capital gain or loss".
If Cloak and its Byob/CloakX succeed in establishing itself throughout the world and being adopted globally then Cloak can be an extremely effective breakthrough technology. To do this, it will require multi-lingual communication and push to personalize the communication on each Cloak shareholder. Cloak is pronounced how in the land of the rising sun? I wonder "GOG"
Hypothesis: The logical continuation of such a deployment as Byob would be a withdrawal card or via app like the one of Coinbase / Wirex convenient to recruit new customers and attract them to a feature to pay for coffee in crypto. Charges of 0.001 would be an ultra aggressive offer, a big fuck to the banks, at the sight of billions of possible transactions would be a rocket space to other universes in the sciences of complexity both from the fundamental theoretical point of view and from the point of view of their applications to economics and foresight.
It's all about mass adoption, for it to be adopted it has to work without any latency or hiccups, for that it needs innovative features. Cloak seems to be positioning himself there.