Post
Topic
Board Archival
Re: delete
by
binaryFate
on 08/10/2014, 18:12:13 UTC
The fact of the matter is that there are off chain anon coins you can use now. Why screw around with on chain anon when an off chain anon solution there is no risk if it isn't centralized in a sense that it is going thru one company, server, etc.

TFM is completely correct. Why? You are putting information about your identity on a PUBLIC LEDGER!!

TFM has said it over and over, and no one has said ONE THING that makes any sense otherwise. Why are you doing it when it is not necessary?

More importantly, why are you doing it when there are other options?

Let me reformulate:
Why screw around with on chain [...] when an off chain [...] solution. (sic)

[...] Why? You are putting information about your identity on a PUBLIC LEDGER!!

[...]

More importantly, why are you doing it when there are other options?

With your level of grasping things, you should stick to credit cards and fiat.

Having stuff on a public ledger is obviously a requirement for anything that is based on a decentralized consensus. Then the fact that those pieces of information publicly available on the public legder provide as little information as possible about you (what you do with your money) is an interesting challenge. Bitcoin has its own answer, cryptonote has its own answer. But saying "let's not put anything on the public ledger" is nonsense and is not an answer. Stick to your credit card or send cash by snailmail, it's offchain.