Not just you, I typically care little about alts because bitcoin is functionally "the reserve currency" of cryptos.
Dark is first to market with a feature much clamored for. Others may state "any coin can do that if they want", the fact is they aren't and by that logic bitcoin would be worthless because there are clones. First to market is key.
Dark also seems to have some competent organization behind it, which is rare.
The user base won't be just the drug world and pedo's, but people who are into crypto because they believe in the political promise. Built-in anonymity is a huge component in achieving these ends.
The government is useless to stop it, you're a fool if you fear the effects of a ban-hammer... the government can't even keep drugs out of prison.
Lastly, stupid and useless coins go places all the time, that should build confidence in a coin that actually has some utility over bitcoin.
The tech is good, the devs are smart. The result is bad.
The gov could crush crypto as we know it like an ant.
China just suggested they didn't like it much and bitcoin fell like a stone.
The US gov says it is banned and persons using will be treated as money launderers. BTC = $1
If you don't believe the btc team or ltc team couldn't do the same thing.... you are wrong. They do not want to because they know it would be a big move backwards in terms of mainstream usage and acceptance.
Let's wait and see. However i think you know really how this will play out. The hype over dark currency will be short lived for most. I am saying drk is at the peak or near it's peak. Lets see if i am correct or not.
How is the result bad? because it is your opinion dark=risk?
No, it couldn't, the government is ineffectual... it hates bitcoin but won't fight it because it doesn't want to get slapped around like a bitch. It knows full well it is much more efficacious to keep legal and control end points than to ban completely, hense why it is easier to get weed in high school than alcohol as an example. DarkCoin is the Tor of Bitcoin, I see no bans on Tor yet and it has been well known for quite some time.
China? an exchange ran into regulatory hurdles and btc RETRACED... FROM ALL TIME HIGHS. It isn't like it collapsed.
If the gov banned all crypto, there is still rest of world and agorists using it. It will be a setback on valuation but would probably still be up over 1000% over the last 52 weeks. Keep in mind, it has little ability to enforce these laws.
LTC is useless garbage, it offers no advantages over bitcoin, its a chump coin for those who are angry they got into bitcoin to late. Even dogecoin is superior to it. If LTC can maintain a respectable market cap, so can a coin that actually offers some utility.
Well, if you think it will just be a minor setback in price if the US bans bitcoin...... then we'll just have to wait and see.
Let's see how the opinion here goes after a few months if drk continues to do well and spawns a lot of drk clones.
You see it as a positive, i see it as a positive from a tech side, and negative with regard the bigger picture..........if getting crypto into mainstream is the goal anyway.