Say, someone wants to buy 2nd hand ps4 from someone. Why would he be so eager to use cryptos with anon feature and hide his transactions?
There's always been the chance of governments attempting to outlaw cyrptocurrency outright. If they don't do that, they might also attempt to kill it with overbearing regulation, or according to Anonymint, confiscation. People see anonymous coins as being a safeguard to both of those variables, amongst others. Purely speculative on my part of course.
But the more you try to hide your transactions, the more they keep an eye on you. And also, the government may persuade companies like amazon, dell, etc. not to support cryptos with these feature.
dell already allow btc, we can always convert xmr -> btc, plus you don't need to fear surveillance with anonymous crypto only with bitcoin and clones.
I'm not worried about surveillance. Cryptos are currently in the "acceptance" stage, or in other parts of the world, it's still in the "getting to know" stage.
Isn't it a bit too early to add anon feature?Wouldn't this prevent the government from accepting cryptos since it could help criminals hide their transactions or aid in money laundering?
no, it took over 10 thousand year of human civilization, we finally have the power of true financial freedoom, how can you say you are not worried about surveillance? well I'm not
worried too, I just dont like it, I think we must agree that we dont want some random corporation or shadowy individuals prying into aspects of our lives, I really dont care about governments because unless we have the one world gov thing in place, there is always some place that will embrace and allow crypto, if not well, one day the right collapse will happen and a new powerful elite will establish itself in crypto-coins and ensure that it become norm.
Following this discussion i get the idea that the 'killer app' for monero would be a wallet where people see and use bitcoin, but in the background it gets converted to monero on a (decentralized of course) exchange.
Bitcoin and the public blockchain can and should be used by governments and other open organizations, while this monero wallet would be for privacy. also, the wallet would automatically 'mix' bitcoin if taken in/out a monero wallet on payment if it makes a new address every time