Blockchain is so much more than that. If you care about privacy, check out Monero, a coin just as fungible and traceable as cash.
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Blockchain is so much more than that. If you care about privacy, check out Monero, a coin just as fungible and traceable as cash.
Blockchain is a wonderful technology and this is not really the point of my debate, my point is claiming Bitcoin is anti-government without any hard proof is very stretched. Personally, i am invested in this technology since 2014 and never sold a single penny from all the profit that I made as I still believe this technology will go mainstream someday.
Dude. You literally said "For the sole reason that Cryptocurrency in general and Bitcoin in specific are easily traceable compared to cash.". Any person who cares about privacy can simply go through monero and have the least traceable currency in the world.
I had to make a post about this subject:
Here it is and tell me if you still think Governments dislike Bitcoin!
https://steemit.com/bitcoin/@digdaga/is-governments-against-bitcoin-and-blockchain-or-do-they-love-it-and-want-us-to-use-it
Can you please tell me how many people in the cryptocurrency market uses Monero? Percentage wise, it will be less than 0.01% and i am being generous with the math here. Besides our debate was not about Monero, Zcash, Pivx, or Dash! It was about Bitcoin in Specific.
-"It was about Bitcoin in Specific." You said and I quote again : "cryptocurrencies in general" Now you say it is Bitcoin specific. lol.
0.01%? Monero market cap alone is 70 times that. Not to mention that you don't need to hold monero, you can just use it and trasfer it back to a BTC wallet. I can assure you 100% of people who care about privacy do at least that.
Bitcoin Number of wallets created is 16 Million
Ethereum 1.6 Million
Litecoin 600k
Dash 300K
While there is no way to tell how many Monero wallets are there but many people believe it's between 12 to 15k Compared to all other 700 cryptocurrencies that is basically not much.
While I thank you for highlighting to me if I need privacy to use Monero, Dash or other Anon Coins out there, the majority don't and the above numbers can prove it to you.
and when I said cryptocurrencies in general, I did not say all of them but most of them are easy traceable, lets say 98 to 99 Percent of all Crypto Projects out there are very easy to trace but not 100 Percent of them. But did we answer the main top question if Bitcoin is anti-Government? I still think it is not and here is my argument with proof why it is not:
https://steemit.com/bitcoin/@digdaga/is-governments-against-bitcoin-and-blockchain-or-do-they-love-it-and-want-us-to-use-it
I do hold Monero, Zcash, Dash and Pivx as part of my portfolio and i know exactly what they are and how they work!