On Sun, Jul 5, 2015 at 10:41 PM Juan <[1]juan.g71@gmail.com> wrote:

     On Mon, 06 Jul 2015 11:39:00 +1000
     "James A. Donald" <[2]jamesd@echeque.com> wrote:
     >
     > Way back in the beginning I said an ever growing block chain would
     > cause unacceptable costs and inconvenience, and lo and behold, it
     is
     > causing substantial and ever growing costs and inconvenience.
     >
             But look at the bright side! Every single transaction gets
             recorded and stored, until jesus destroys the universe (it's
     in
             the bible). What else can privacy advocates wish for?

   Transparency is also useful, and privacy can be built on top of it
   through the use of, say, Chaumian e-cash backed by a blockchain-based
   cryptocurrency. It's a lot easier for the issuing organization to prove
   that it has a certain amount of Bitcoin than a certain amount of gold.
   E-gold and even one of the gold ETFs have been accused of
   double-counting. And if you're using Tor to connect to the network and
   break up your transactions, it's pretty easy to obfuscate, even without
   ZeroCoin, and ZeroCoin just fixes the whole problem.

References

   1. mailto:juan.g71@gmail.com
   2. mailto:jamesd@echeque.com