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by scottiebarnes
1589 days ago
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> Sure. Now show me a human economy that's a closed system! We meat-sacks love our groceries, movie tickets, &c. Yes, you're not required to identify yourself when you purchase those things. So a transaction between two parties for the exchange of goods would be private. I can send money to my mom and you'll never know. > As we've seen with every single legal exchange, this isn't true: you only need to identity the coins themselves as having been laundered or obtained from/otherwise mixed with the produce of a crime, and nobody will accept your money. No one can stop an address from receiving from another address. You can implement tracing and enforcement to make it difficult for a particular transaction within a particular jurisdiction, but this is a function of social implementation, not the network. And if you want even more anonymity, look into Monero. > "Just change the protocol" has worked out famously well for every cryptocurrency so far ;-) Not sure what you mean by that. I think the proliferation of competing ideas and forks is a good thing. Most projects are bad, but over time only the strong will survive. |
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