I have thought deeply (I was AnonyMint) about the possible designs for decentralized consensus, as well the various strategies for anonymity that are plausible.
Then you probably shouldn't be taken seriously.
You were the guy who was claiming all kinds of doom scenearios with
people losing their houses and ending up in jail just for using
Bitcoins, and that massive bitcoin thefts would lead to transaction
"clawbacks". So far we haven't seen a single case of any of this
nonsense.
I agree you should leave cryptocurrency. Your pessimism isn't
adding anything of value to the community, yourself, or anyone else.
I have welcomed ridicule of myself in this thread, but this means I can also ridicule you in return when you deserve it.
For any one who is not familiar with this Dunning-Kruger idiot (and really, he doesn't have the IQ nor the technical understanding to be commenting in that linked thread), I suggest reading the
last interaction I had with him. Btw,
gmaxell was wrong in that thread, for which I have written a detailed design document in private to explain, but I am not going to rehash that here.
I have not said people would lose their houses and end up in jail specifically because of Bitcoin. As AnonyMint I wrote tens of 1000s of posts, and I think in maybe 10 of those I mentioned that if Bitcoin was not anonymous and people did not follow regulations and pay their taxes, then they could end up losing everything to the authorities, as they would in any normal case of tax and law evasion. I was making that point in the past in support of the need for anonymity. He is also referring to a thread, where we debated
the law about clawbacks in cases where a fund has been hopelessly comingled with stolen funds, can't be unwound, and the authorities can trace all the bad funds through to see it has been over time comingled with all the money supply, as is probably the case for Bitcoin. This is a well known issue for Bitcoin, for which
Adam Back and Gregory Maxell have been working hard to try to develop some anonymity methods to avoid the loss of fungibility in Bitcoin due to tainted coins. Afaics, they have not succeeded.
Don't forget I was also the guy who predicted Bitcoin would fall from $1000 to $350 (it is some where in one of rpietila's threads). I was also the guy who
publicly predicted the exact top price for silver a year before it happened. I was also the guy who predicted silver would fall from $30s to below $17.