T
toknormal
Guest
Again - I don't disagree. You're just solving the wrong problem.
That would be the case with any open, tradeable asset. It doesn't have much to do with whether the outputs on the blockchain are auditable or not. It's occuring *because* of the success of Dash as a monetary medium, not in spite of it. Start to worry if nobody's interested in your blockchain.
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You try and create a closed monetary system and you'll have your precious privacy but all you'll ever have in terms of value will be speculative. Like it or not, Coinfirm is adoption. You're confusing the priorities of an encrypted record keeping system with those of a tradeable asset/cash base and that is a toxic mix.
the mass is controlled...I want adoption by those few who are capable to inspire the mass...if there is no privacy, then the ones who currently control the mass and the today world monetary system, they will attack and destroy those few who are trying to overcome the current world monetary system and create a new one.
Think you've been playing too much Game of Thrones. We're talking about a monetary asset, not a planetary conquest. Try succeeding at step1 before moving on to step 101.
What I understand you are trying to say is that you dont care if they will spot you, you dont care if they will tax you or if they will ban your mixed coins, as long as you get adoption by the mass.
(1) If you don't want to be spotted, then mix your coins and only do business with people or businesses who allow people to pay anonymously (if they accept cash, then this is likely not going to be a big problem). It's that simple.
(2) They will tax you regardless of whether our chain is privacy first or transparency first. That's just a fact. If you want to commit tax evasion then mix your coins and see (1).
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(3) I am sure neither of us want to see mixed/private coins banned, but if they were to do this, there is nothing that you or I could do about it regardless of which type of chain we have. At least in a transparency-first chain, such a ban would not affect all coins for all users. And although it would have a severe impact, such a ban would not stop people from using mixed or private funds regardless of which type of chain we have.
With a private chain it will still be required by law to report your capital gain or income transactions, just like it is required by law to report those transactions even if you mix your coins presently, or if you use normal cash. Failing to report reportable income is tax evasion regardless of what the currency is, regardless of whether you mix or use a totally private chain, and regardless of whether or not you get caught. Using a private chain instead of mixing does not significantly increase your chance of getting away with it. What matters in that respect is whether the people you do business with are willing to do business with people anonymously. If those people won't do business with mixed coins then they sure as hell won't do business with privacy first coins.Of course not. If the blockchain is privacy first, they cannot tax you because they cannot discover you.
If a blockchain has half transparent half mixed/private coins, they can ban the mixed/private coins and give more value to the transparent ones (like it is done in Coinfirm, where mixed coins are stigmatized).
If the blockchain is all private, they cannot ban it (simply because they cannot discover it).
What they can do is to ban all fiat gateways to the private blockchain. Or to ban any transparent coin that can be exchanged to the private coin and thus used as an indirect fiat gateway. In this worst case senario the private blockchain remains alive, but has no fiat gateways anymore.
With a private chain it will still be required by law to report your capital gain or income transactions, just like it is required by law to report those transactions even if you mix your coins presently, or if you use normal cash. Failing to report reportable income is tax evasion regardless of what the currency is, regardless of whether you mix or use a totally private chain, and regardless of whether or not you get caught.
Also, some MNOs are using scripts to delay votes so that outsiders can't determine how many MNs an Operator owns. Double standard? Vote Yes for privacy-first.
And how can the dash community prevent them for doing this?
I think the community should know how many MNs an operator owns.
It does not matter who the operator is, but how many each operator owns, this should be revealed.
And that there is exactly the dilemma they face. At the moment MNOs are the fall guy for end-users privacy; they are complicit in mixing (read "laundering") other people's coins. It's understandable that MNOs want to remain anonymous.. yet equally, core keep telling us they have legal and compliance representations because they want to be above board. Taking such a path has only two outcomes; dash becomes slave to the state, or enemy of the state.
The truth is, most MNOs don't want to be publicly named and held accountable, yet they expect end-users to have transparency-first. How can end-users have faith about MN distribution and voting if MNOs are invisible? - I mean, so far, we've been told that a privacy-first block chain would lose public faith because the checks and balances would be gone. It's basically one rule for MNOs and a different rule for end-users. This double standard is a mess.
If dash is transparency-first then we need to deal with the fact that some MNOs own tens of MNs.. that even if this is fair, the public should at least know what they are dealing with. Alternatively, if dash goes privacy-first then both MNs and end-users have the right to be anonymous.
And how can the dash community prevent MNOs from using scripts to delay votes (so that outsiders can't determine how many MNs an Operator owns) ?
I don't get it, are you saying PrivateSend is broken?
Core will consider to anonymize MNs yet they insist end-usrs must accept a transparency-first block chain!
https://dashpay.atlassian.net/wiki/x/CYCHBQ
Page 9
"The challenge of the new cypherpunk movement is to make secure and verified end-to-end encryption accessible to everyone, and turned on by default."
A privacy-first MN network "turned on by default"... good enough for MNs then it's good enough for end-users. Vote Yes for privacy-first.
Also, some MNOs are using scripts to delay votes so that outsiders can't determine how many MNs an Operator owns. Double standard? Vote Yes for privacy-first.
Right now, some masternode operators take extra steps to protect their privacy like staggering their votes. And some Dash users are using PrivateSend to anonymize their coins. Both of these things are optional. People who value privacy take steps to protect their privacy, I am shocked. The double standard is just overwhelming...
Also, you realize this quote is not from the core team? Anything you might have heard about having a mandatory anonymizing layer for masternodes is speculation at this point. Not to mention that having masternodes behind an anonymizing layer would not exempt them from the exact same situation as everyone else when it comes to actually sending or receiving coins.
If that's so, go right ahead and create a thread asking MNOs to identify themselves and their stake, let's see who takes up your offer.