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Bittrex to Delist ‘Privacy Coins’ Monero, Dash and Zcash

35 points by kristianp 6y ago

grantjpowell 6y ago
I see this as evidence that the privacy features of these coins may be effective in their goals. If I'm in a position where I need the privacy features of these coins for my own safety, I'm going to lean towards the one with all the regulatory hoopla stemming from it being so hard to trace. I really liked this video series by some of the monero core team that goes through some of the privacy features and limitations of the monero tech https://www.youtube.com/watch?v=WOyC6OB6ezA&list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y https://www.youtube.com/watch?v=WOyC6OB6ezA&list=PLsSYUeVwrH...
vmception 6y ago
Ahahaha Dash PR is appealing to exchanges by finally telling the truth about how little privacy they have and lack of any distinct quality over bitcoin. That’s just gold. After years of gaslighting their supporters into believing Dash had any privacy benefit or distinct quality. Everything every Dash detractor said was true.
vmception 6y ago
Other people have built Zcash atomic swap bridges to commerce centers, so thats good enough. All the FATF stuff is too late. When Monero gets atomic swap bridges to commerce centers I think the market will choose that.
b0n40 6y ago
https://blog.coinbase.com/make-your-voice-heard-share-your-thoughts-on-the-new-proposed-crypto-rules-directly-with-the-u-s-a707467c2697 https://blog.coinbase.com/make-your-voice-heard-share-your-t... privacy rip
lozf 6y ago
"If privacy coins are outlawed, only outlaws will have privacy coins". (Apologies to Phil Zimmermann.)
doublejay1999 6y ago
I've always thought privacy coins are not the clear cut win their are widely thought to be. Yes, on one hand it commoditizes the hiding of money and puts financial privacy in the hands of everyone. On the other hand, the more money you have to hide the more you benefit and since wealth is already grossly concentrated toward 0.1% of the worlds people, those without wealth have more to lose than to gain if that wealth is able to vanish from view even more easily than it alrady can.

35 points by kristianp 6y ago

I see this as evidence that the privacy features of these coins may be effective in their goals. If I'm in a position where I need the privacy features of these coins for my own safety, I'm going to lean towards the one with all the regulatory hoopla stemming from it being so hard to trace. I really liked this video series by some of the monero core team that goes through some of the privacy features and limitations of the monero tech https://www.youtube.com/watch?v=WOyC6OB6ezA&list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y https://www.youtube.com/watch?v=WOyC6OB6ezA&list=PLsSYUeVwrH...

vmception 6y ago

Ahahaha Dash PR is appealing to exchanges by finally telling the truth about how little privacy they have and lack of any distinct quality over bitcoin. That’s just gold. After years of gaslighting their supporters into believing Dash had any privacy benefit or distinct quality. Everything every Dash detractor said was true.

vmception 6y ago

Other people have built Zcash atomic swap bridges to commerce centers, so thats good enough. All the FATF stuff is too late. When Monero gets atomic swap bridges to commerce centers I think the market will choose that.

b0n40 6y ago

https://blog.coinbase.com/make-your-voice-heard-share-your-thoughts-on-the-new-proposed-crypto-rules-directly-with-the-u-s-a707467c2697 https://blog.coinbase.com/make-your-voice-heard-share-your-t... privacy rip

lozf 6y ago

"If privacy coins are outlawed, only outlaws will have privacy coins". (Apologies to Phil Zimmermann.)

doublejay1999 6y ago

I've always thought privacy coins are not the clear cut win their are widely thought to be. Yes, on one hand it commoditizes the hiding of money and puts financial privacy in the hands of everyone. On the other hand, the more money you have to hide the more you benefit and since wealth is already grossly concentrated toward 0.1% of the worlds people, those without wealth have more to lose than to gain if that wealth is able to vanish from view even more easily than it alrady can.