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This is what bugs me the most about the bitcoin pushers (like Max Keiser)... they completely ignore the fact that bitcoin is not anonymous, and why even though
by arminiusreturns 6y ago
This is what bugs me the most about the bitcoin pushers (like Max Keiser)... they completely ignore the fact that bitcoin is not anonymous, and why even though I was in on bitcoin in the earliest days, I abandoned it. My conclusion was that the government loves btc because it's so easily traceable. Another reason is that, like tor, it is vulnerable to %50 attacks. If the central banks wanted to take over btc they could, and I posit they may have already positioned themselves as such. (thats my almost a bitcoin millionaire story...)
The closest to an anonymous coin afaik is monero or zcash, but in general I think wasting electricity and cpu cycles on arbitrary math is a bad path to go down. If we could tie a coin to some productive math like protein folding or seti, etc, that still has the same attributes as cash (which btc does not) then we might have a true potential dollar replacement digital coin, but I digress.