Almost a decade ago, the black market spawned a new type of currency, and helped to give life to it. In less than a decade, the technology smuggled in with that currency will likely be used to negate the possibility of there ever being a black market transaction again.
Yet another instance of bad parenting in modern society.
Haha, that is an interesting little tidbit. But, aren't there still quite a few anonymous to coins? Couldn't a black market still exist with coins like Monero?
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I don't know how to write code yet, but I don't need to be able to do that to understand that anonymity on the internet is impossible. Obfuscation is of course possible, but there will always be guys with better tech out there who know how to see through it.
It's my understanding that monero is the closet to anonymous one can currently get, but that it is still not anonymous. Funny that, don't you think? Anonymity has been the purported driving factor behing this technological revolution, and yet, still not a single currency is anonymous. One must then wonder if anonymity was ever the true intended purpose. A distributed database of information that can never be deleted sounds far more like something that would be conceptualized as a result of trying to invent something to keep track of everyone, always.
I am an intelligent man. But Satoshi is thought to be a genius. Do you really think that a genius would lack the foresight to see how a technology like this could be abused? I doubt it, so there's little doubt in my mind that bitcoin was developed with malicious intent in mind from the very first step.
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I think its a honey pot to bring one world coin. Then I ask myself do I want to ride that wave of change or be trying to find air under the wave.
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Very true stuff. I don't think for a minute that Bitcoin was developed with malicious intent, I would hope it was more along the lines of removing regulatory and government agencies from our lives as much as possible. I also don't think the future of the coin isn't in anonymity either, auditable blockchain are what I see making it into businesses and the real world. I'm not too familiar with Monero's inner workings either, that's why I'm curious, since it and verge and Tron all claim to have these privacy features. I'm more in the boat that you are though, if someone can hack into fortune 500 companies, credit rating institutions, and even cyber security firms, who's to think they couldn't figure out ways to track crypto payments.
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Indeed that was a nice irony. But yet this is a sign of what karma does, isn't it? :))
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it is really possible bitcoin one of the digital currencies that is currently very possible to serve as a business field. but someday the crypto currency like bitcoin will drop dramatically. because this type of digital finance is widely used as part of money laundering.
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YEAH....i agree with you@son-of-satire
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Hahaha
'Bad parenting', he called it
Well, ain't nothing we can do about it. The general public is hooked already
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