The Weiss Agency: governments should not restrict anonymous coins

Date:

2018-08-14 17:45:07

Views:

580

Rating:

1Like 0Dislike

Share:

The Weiss Agency: governments should not restrict anonymous coins

In may, the financial services Agency of Japan (FSA) to put pressure on the cryptocurrency exchanges for trading ban anonymous cryptocurrency , Dash and zcash for. A few days later some sites do exclude coins from listing.

I Think, in the rating Agency Weiss acknowledged Monero, Dash and zcash for the best solution for people who want to maintain the confidentiality of the transaction and to avoid surveillance of their assets. About it writes .

How to use anonymous cryptocurrencies

Governments are waging a war for cash, trying to keep all the liquid assets under the roof controlled by financial institutions, said the Agency. The two main risks in such a situation is the seizure of assets and invasion of privacy.

The DLT in terms of anonymous coins is a technology to guarantee anonymity and confidentiality of voters, which are necessary to conduct truly fair and democratic elections. Thus, DLT, allowing screening of a transaction, can also be used to create fast, efficient, anonymous and secure voting system.

However, the government is unlikely to allow widespread use of this technology because DLT can protect transactions of the user even from the security services, believe in the organization.

In the case of anonymous coins is the only thing you can learn is their capitalization and total transaction volume. Information about who and how to translate a specific amount of money will remain available.

In Weiss noted that the ban Monero, zcash for Dash and will not prevent the scammers to use coins. However, it will hurt the good citizens that use coins in an attempt to avoid total control by the state.

Recommended

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

the Last month of spring proved to work. The team started working on launching (AE), the addition of which the majority voted representatives of the community. Calculator profitability of mining Alexei Rubin moved to the domain and now will develop e...

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

The Bitcoin exchange rate on Turkish stock exchanges exceeded $ 7,000. Why?

The Bitcoin exchange rate on Turkish stock exchanges exceeded $ 7,000. Why?

this week's media attention to the website Coinfairvalue.com the Bitcoin exchange rate on which almost half a thousand dollars lower than on Coinmarketcap. The fact that the creators used different method for estimating the first ...

Ethereum inflation reached record heights. What will happen to bitcoin next?

Ethereum inflation reached record heights. What will happen to bitcoin next?

Ethereum on average pays miners about $ 2.5 billion. The market capitalization of bitcoin has dropped to $ 27 billion. Given the reward for the block and commissions over the past day miners received about $ 6.6 million in Ethereu...