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RE: Steem Suddenly Needs 500 More Votes To Take The Lead Again... Vote Now!
could it be that privacy matters?
This is the first time i hear about Verge, and the privacy part caught my attention. Yet I don't have a clue what to do with Verge
Hey, @bifilarcoil:
I would say privacy definitely does matter. It's a big reason why many of us are here. I also know that people aren't as concerned about privacy when it comes to certain things they want to do. To each their own. I didn't want to give up even the email I did, which is mainly for receiving junk email, but I also wanted to help further the cause of STEEM. So, I did it.
I don't know much at all about Verge, other than it's another crypto, and so you would buy and hold it. Some people have been saying it's been accepted on a pornography website. I would hope that it has more uses than that, but that's all I've heard about it.
And INS, the coin that was in first place when the contested ended, I have no idea what that's supposed to be. It just reminds me of what they used to call Immigration in the US before they changed the acronym to ICE. :)
hmmm it always the shady stuff that makes it difficult.
So Verge is more of an anonymous coin, not 'just' a privacy aware coin?
hehe all the acronyms sounds like we are dealing weapons of mass destruction
O WAIT, money IS a weapon of mass destruction...
maybe verge could disrupt the porn industry a bit?
But there is so much corruption these days that it is hard to tell how all of this will develop.
Steemit probably also has that same market...So STEEM will also be part of that, right?
I'm not sure which market you're talking about, sorry. :)
re:
Money is a weapon, of mass destruction, disruption and virtually any other descriptive term. And crypto seems poised to do all of that.
re: Verge
I really don't know. I'm not even sure how anonymous or private it is. STEEM is more or less both, and I would imagine many are.
the other day i noticed there is a hidden nsfw trap.
The open wallet really gives me the creeps in this world where kids kill eachother for a pair of sneakers... But for our government an open wallet would actually be a solution for corruption.
Problem is that the gov will abuse our open wallets while keeping their own wallets a secret... So first the gov should have open wallets before we let those mobsters look n our wallets. thats my view on this... and then still i would not like this situation
citizens need privacy, politicians need transparency.
Can't disagree. As it is, beyond the balances and a handful of transactions now, the wallet isn't really telling us much. When I started, it would show a few months. Now, it might show a week. It's not the same amount of transactions either. So if someone wants to hunt down specific transactions, unless they see it while they are happening or a couple days after, it's gone from the convenience of the wallet and you have to go digging through other places that are harder to find. At this point, I'm not sure if I see the point of a public wallet if you can't see all the transactions.
I've read the argument for private wallets, and while I understand there are definitely risks, and there's no way for anyone to be completely sure with it being public, the same is going to happen if it's kept private. They won't believe you that there isn't any money in it if that's the case, and they'll be even more upset when they go to all the trouble and find out there isn't that much. Or that it takes 13 weeks to get it all out.
those that should show the most transparency end up being the ones with the means to keep things private, while the rest of us are pretty much forced to keep our lives open. It should be the other way around, but power tends to be wielded to protect the powerful.
Right now we don't really use crypto currencies. But once we use crypto in daily life to do groceries, buy household items etc. then it becomes a REAL horrible privacy issue. This is why FIAT banks offer people privacy. Eventhough governments already ABUSE that privacy the tax system knows 21% of all your transactions and citizens get punished hard when they avoid taxes while corporations avoid taxes all the time.
Right now the open wallet does not SEEM to be an issue, but i'm trying to look what will happen in the near future when bureaucrats who hide their finances will start t abuse their powers and use our open wallets against us, while we don't have the power to use THEIR finances against THEIR real corruption.
That's when the system will do harm to US.