Conversation

Notices

1. silverwizard (silverwizard@friendica.obscuritus.ca)'s status on Tuesday, 27-Feb-2018 08:20:32 EST silverwizard
   I want to get into a fight:
   Bitcoin and blockchain based currency is bad at everything it is supposed to be good for
   1. Rysiekúr Memesson (rysiek@mastodon.social)'s status on Tuesday, 27-Feb-2018 08:29:05 EST Rysiekúr Memesson

      in reply to

      @silverwizard let me pour some gasoline: so-called "privacy" coins will only or mainly be useful for bad actors (enabling much easier money laundering of huge sums), while the general public will neither have interest in them, nor going to be using them in any way.

      The net outcome for personal freedoms and well-being (both on a personal and societal level) of so called "privacy coins" as they are currently being designed will be unambiguously negative.

      And I say this as a privacy activist.