Post by twetch#1454

1KkMnm…mteZ Key · twetch

Privacy coins will be illegal.

twetch#17971 6.6y

I agree with this, BTC is not what is referred to in the WP and everyone calls it digital gold. Privacy coins are the future IMO

What the chain says
Block
622 460
Time
2020-02-17T13:57:14Z
Signer
1KkMnm2nW8p8sNGBSdtozd9sLZuNhgmteZ
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#1454

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1KkMnm2nW8p8sNGBSdtozd9sLZuNhgmteZ Verified

Replies (14)

1LYhkD…186R Key · twetch
Replying to@1KkMnm…mteZ

Let's be absolutely precise since we're talking about law.

BSV is private.
Monero is anonymous.

Anonymous coins will/are illegal.

1ECDsP…qy9U Key · twetch
Replying to@1LYhkD…186R

It’s not private, if I have your address I can see how many coins are in your account at any given point in time. That’s less private than banks. You can’t see my bank account at any given time.

1LYhkD…186R Key · twetch
Replying to@1ECDsP…qy9U

I have thousands of addresses. Literally. NEVER REUSE and address and it will be private.

What's my BSV balance in my Handcash wallet?

You don't know because it comprises of hundreds of addresses, none of which are reused.

14SKpQ…Ap6D Key · twetch
Replying to@1LYhkD…186R

Are illegal? Where exactly?

I can see them becoming illegal in the future, but morality will always trump legality for me and many others.

My finances are mine, and unless I share, nobody has business in them.

1KkMnm…mteZ Key · twetch
Replying to@14SKpQ…Ap6D

I teach people to stay within the law not to become subjugated by it. Did we learn nothing from Rosa Parks?

14SKpQ…Ap6D Key · twetch
Replying to@1KkMnm…mteZ

Rosa Parks was breaking the law though?

Continue thread →
14SKpQ…Ap6D Key · twetch
Replying to@1KkMnm…mteZ

In some dystopian fucked up fascist state, yeah probably.

"A ledger where you know everybody's payments is not something that would be particularly attractive in the context of the US."

-Jerome Powell, chairman of US FED

1ECDsP…qy9U Key · twetch
Replying to@14SKpQ…Ap6D

The governments main concern is making sure they can tax you. They should make the legislation easy and only tax you on gains when you withdraw fiat. This is the biggest barrier

14SKpQ…Ap6D Key · twetch
Replying to@1ECDsP…qy9U

Money laundering is only illegal because the taxman doesn't get his share lol.