Post
Topic
Board Altcoin Discussion
Re: Monero (MRO) Speculation thread
by
dreamspark
on 29/07/2014, 12:24:37 UTC
When will people learn that privacy doesn't attract criminals?
The criminals are already out there, they will do the bad things no matter if they have privacy or not.
Privacy is a human right and if we would have more privacy I believe the world would be a better place.

Yes, but altcoins are grest opportunity for criminals to hide their operations(in compare with fiat money)...

Do you realise that altcoins are one of the worst opportunities for criminals to hide their operations.

I cba to explain but I'll start with;

Terrible Liquidity
Insane Volatility
Incredibly Manipulated


But btc is stable enough...
Also, you can sell your btc without problems
In case organization(or peson) send fiat money to another organization.... banks and goverment structures are able to see it. So it is much more safety for criminals to use altcoins... they can buy drugs, weapon etc.. 

Whats btc's stability got to do with alts? Alts are insanely volatile.

This takes it back to the terrible liquidity point. Any criminal worth caring about will be using money in orders of magnitude more than the liquidity provided by any altcoin.

As a test, name me one altcoin that me as Mr Montana could accept for payment of my latest shipment then turn around and within a day or so sell the coin for the price I quoted. (that means no price movement and a large amount of liquidity at market price)