Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
ranlo
on 29/05/2014, 05:22:39 UTC
Quote from: Kai Proctor on May 29, 2014, 05:17:34 AM
Quote from: ranlo on May 29, 2014, 05:06:55 AM
Quote from: Kai Proctor on May 29, 2014, 05:03:56 AM
Quote from: ranlo on May 29, 2014, 04:57:40 AM
Quote from: ebliever on May 29, 2014, 04:54:54 AM
Quote from: humanitee on May 29, 2014, 04:45:06 AM
I don't think anonymity is a fad. It's a requirement for digital cash.

+1. As businesses get into using cryptocurrency, they will make it an automatic requirement. No company is going to want to open its books to competitors, but that is what will potentially happen every time an accounting employee goes from Company A to Company B (or simply sells out for cash). That was a "light bulb" moment for me regarding anonymity - ALL SERIOUS ALTCOINS MUST HAVE IT going forward.

How does the lack of anonymity open the doors for competitors? Because now they can see how much a company is earning? Congrats; that does absolutely nothing.

Anonymity only serves to thwart the governments, which is what will lead to stronger regulation.

You can't be serious, it's a joke right ? You don't see the issue for a company to let its competitors see its income, when it sells the most/the less, how much it receives per transaction in average etc.

You're going to have to spell this out to me. We know how much Microsoft earns. We know how much they spend. We know where they source things from. Same with Apple. Same with Blizzard. Same with Exxon. How is ANY of this going to matter? And if it's so important, why is it all public information anyways? Basically you want to anonymize data that is already publicly displayed. That's asinine.

You talk about turnover, I talk about account details, transactions in real time, how the money is used, how much did they pay a supplier etc. sensitive informations. You are either dumb or naive.

How is the current Bitcoin system going to spell any of this out? You can see transactions in/out. You don't know what's going to supplier or which ones. You don't know what's going back to customers. You don't know anything but money in/money out. It's like looking at a banking balance sheet that has everything blacked out but the amounts. It isn't going to give you any information that isn't already public. Blacking out the numbers as well has no benefit at all.