How German Authorities differentiate between the Risk from Monero and Bitcoin

in #bitcoin5 years ago

The German Federal Ministry of Finance released a risk analysis regarding blockchain projects for the current financial stability.

It appears they view Monero as a larger threat than Bitcoin due to its privacy features for illegal activity.

So is Bitcoin off the hook?

Not really! Bitcoin is still a potential threat to the current financial stability. In my opinion even bigger with time and momentum. Monero might be as larger threat short-term covering up illegal activities (also possible before), but can't have such a revolutionizing potential as Bitcoin.

Which one do you think is a bigger threat?

Posted using Partiko Android

Sort:  

What about @peos ? privacy on EOS coin used for private dapps? Its just a tool :D

@peos is even worse if eos becomes as big as I believe it will ;)

Posted using Partiko Android

Thank you so much for being an awesome Partiko user! You have received a 6.27% upvote from us for your 610 Partiko Points! Together, let's change the world!

Congratulations @src3! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 5000 upvotes. Your next target is to reach 6000 upvotes.
You made more than 700 comments. Your next target is to reach 800 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemFest⁴ commemorative badge refactored
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62264.03
ETH 2431.11
USDT 1.00
SBD 2.50