It's no different from what's happening right now.

The "Virtual currency" community is way ahead of them. It's been crawling all over the blockchain for 8 years already, performing a variety of self-policing, integrity validating, confidence-inspiring surveillance duties while EU mandarins are just getting round to finding a definition of the word.

Just tell them welcome the the party.

Does anyone really believe that anonymity is viable long term? That is if you really want to take a cryptocurrency mainstream?

Does anyone think that ordinary people will entrust their hard earned money to a system that does not allow them to prove their ownership of that same hard earned money? I think people want their name and Social Security number stamped on the transaction inside the blockchain, and that they also want their transactions to be traceable.

I invite you all to try to stay on topic (this is central to cryptocurrencies) and "discuss" this issue without insults and intimidation. It shouldn't be too awfully hard since it is rather subjective and opinion oriented to begin with - there are no hard facts to hide from - and we can share our opinions about what the ordinary man and woman on the street want when choosing what kind of money they want to use. Something traceable that they can demonstrate is theirs in a court of law, or something anonymous which they can never prove is really theirs after being hacked or simply making a mistake with who they sent the money to?

And that's why people only carry a certain amount of cash and why most choose to use credit cards.

So your opinion is to forget about mass adoption all together?

Just to add that noone is writing/signing fiat (real) money when buy something or give to someone. So EU will ban the real money too??

I've spent the best part of the last couple of years discussing the distinction between deflationary and inflationary currencies and their mutually exclusive priorities regarding price stability and store of value with regard to mass adoption.

I've also campaigned for fiat gateways for Dash so that value can be held in Dash and spent in the prevailing currency of the day in order to decouple the conflicting priorities of a deflationary bearer token and a stable trade currency. I've discussed Dash's internal economic model, external economic model w.r.t. other cryptos, fiat, various aspects of the financial system such as units of measure and trade clearing facilities.

See, for example here: https://bt.irlbtc.com/view/1809999.msg18047893#msg18047893

The appropriate case for implementing price stability, identified account holdings, support for national currencies and obfuscation based 'privacy' is the system on the left (variable supply/unit of measure state currency).

The appropriate store of value in that case would be the one on the right (deflationary currency) which is necessarily volatile (otherwise it can't store value), transparent, unbacked and otherwise represents 'bearer-token' properties.

See also:

Community Discussions Stores of Value vs Price Denomination vs Units of Measure
https://www.dash.org/forum/threads/things-to-think-about-as-a-community.13407/

Cash vs Stores of Value vs Credit Money Discussion
https://bt.irlbtc.com/view/421615.msg12638377#msg12638377

Why 'working as anonymous cash' is a pre-requisit to non-anonymous credit derivatives and what Dash is doing different from Bitcoin w.r.t. that
https://bt.irlbtc.com/view/421615.msg12506443#msg12506443

How state institutions are consolidating their definition of non-contractural money (anonymous cash) and comparison with Dash's monetary priorities
https://bt.irlbtc.com/view/421615.msg13239732#msg13239732

The distinction between 'untraceable' money and strict definition of 'anonymous' money
https://bt.irlbtc.com/view/421615.msg13027764#msg13027764

How you get from anonymous bearer-tokens to named-account base money and how they compliment each other
https://bt.irlbtc.com/view/1709631.msg17158283#msg17158283

Collateralising Blockchain assets and their 'journey' in and out of anonymity
https://bt.irlbtc.com/view/1818587.msg18136559#msg18136559

Dash's internal self balancing economic model and how it 'front loads' adoption curve to survive the long lead in period for cryptos
https://bt.irlbtc.com/view/421615.msg12549331#msg12549331

you should speak with the bitswift dev

This is bullshit. If I carry 10k EUR with me, in one country it represents a years worth of persons' salary. In other country it's just change money.
You think carrying 10k in Monaco is the same as carrying 10k in Bulgaria ?

That's a lot, but I was addressing the single issue of anonymity.

Was there something there in your list that deals directly with anonymity and people's fundamental desire to have their store of value (i.e. money) directly and legally identifiable and tied to them, and the negative impact on mass adoption that the absence of such would or would not have?

If you could just post the pertinent link, it would be of great help. TIA

Only 4 days left to get them at $50 a piece

(2017) Limited Edition of 100 - 5" DASH Bars:

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April 1st - April 9th : $70 each
April 10th and after : $75 each

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DASH is also accepted, only use this address to avoid scammers: XyAPBj2fBpf7w2zgH3WpPknZhDkBfT1Vyq

Mockup image below:



Hologram: