Re: [ANN] ALIAS (prev. XSPEC) | Anonymous | PoSv3 & PoAS | Tor | Ring Signatures
I am glad that the project is developing. I have been in this project for a long time.
I think early before the global economic crisis of 2023, many will want to anonymously accumulate and store their savings, so I expect an increase in liquidity and popularity.
Let's hope so, unfortunately many such coins have lost 90+% in price in last 4 years, this is the most extreme case I know of. It seems most users prefer anonymization of BTC.I think early before the global economic crisis of 2023, many will want to anonymously accumulate and store their savings, so I expect an increase in liquidity and popularity.
Anyway how do you know we'll have economic crisis in 2023?
What will it be like? My guess is inflation in the 20s or 30s, at least the unofficial rate. To be fair we had one large price spike which was mainly due to heavy speculation during the general crypto boom in 2017; if you take that spike out it will look much less dramatic.
We're slowly working towards grassroots adoption in the background (even outside of Discord, using more private communication channels). These processes take time. Private Alias payments have no known weaknesses at this point and it is much more eco-friendly than Monero, so we can recommend everyone to start using it for their daily transactions whenever possible!