Cryptocurrency: Snowden on Privacy, CoinJoin Wasabi CashShuffle Samourai, War on Cash, Global WiFi Surveillance Systems

grarpamp grarpamp at gmail.com
Fri Dec 13 15:54:14 PST 2019


>> Bitcoin will eventually be supplanted by another
>> cryptocurrency that does not utilize a public ledger.

When well informed about and given two cryptocurrencies
to choose from, each equal in all respects but one being
public and the other private, people will choose the latter
for being closer to cash metals etc levels of privacy.

It is woefully unfortunate that the first cryptocurrency
Bitcoin-BTC did not offer much therein thus setting
and tricking the entire space into abysmally low
thought expectations for a decade.

Privacy, non-history UTXO state db's, much higher tx rates,
low fees, distributed, minimal features, no premine, founders, tax,
stakes, or governance... and cross chain DEX (CCDEX)... as
before, all likely to be among a list of elements needed for
a crypto"currency" to survive long term.

BTC and other legacy coins lacking therein, will face very
significant competitive pressures in the marketplace,
not least of which in race to contend as a digital analogue
to physical cash, metals, cows, etc... money, currency.
Overall, BTC has already fallen to 65% mktcap and 1/850
active currencies. Lame metrics but conveys point.



> 	snowden also said that the NSA can't break tor.

Such blanket context is unlikely.


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