Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
DFJ
on 20/07/2014, 23:46:44 UTC
Re: PoS

I don't know what Dan's opinion is, but if a service is not interested in adopting BTC, they are almost certainly not going to use XC.  I appreciate you agreeing with my post (and relatedly appreciate the work you do), but I'm not sure you read my post carefully as a central point is that PoS is a (nearly) complete waste of time.  PoS is offered by large, slow moving corps to boring retailers and used by clueless consumers.  It's pretty much the worst channel to target with a cutting edge CC.  

Good targets are channels and services that have adopted BTC but would be significantly better off with an anonymous currency.  This is dark markets, internet payment platforms, etc.  Decision makers at these services get CCs, and are the most likely to be receptive to XC's value proposition.

By contrast, the brick and mortar world is filled with decision makers that aren't even interested in BTC!  Anyone not interested in BTC is not interested in XC, full stop.  The advantages of XC (anonymity, potentially other features) do not COME CLOSE to overshadowing the advantages of BTC (massive existing adoption and ecosystem, name recognition, higher price stability, etc.) such that if I am not interested in BTC I might be interested in XC.  

The areas to target are areas where BTC is understood and adopted, and XC offers clear advantages or at least is an easy to offer alternative. I.e. existing internet payment platforms and any ecommerce services used by highly privacy focused users.