“To be left alone is the most precious thing one can ask of the modern world.”
― Anthony Burgess
This is the Fourth article I write about Anonymous Bitcoin and, in that sense, I can give for known to the reader several details of the project. At the end of the text, I attach the reference to my previous articles about it.
In this brief essay, I want to focus my ideas on an aspect that is very close to me; Financial education and how ANON project could play a key role in its development. From the first time I heard bitcoin, I was fascinated by the idea (it's a pity that it takes a long time to bring this fascination, to a small investment at least, LOL). I don´t consider myself Anarchist, and I think, particularly, that both models (Crypto and FIAT) could coexist in a certain balance and complement each other, like the Ying and Yang of the Oriental culture. I believe in Market cycles. I think it is necessary to emphasize this, so as not to be seen as another anti-system-type guy.
Bitcoin uses cryptography to camouflage identities and has a transparent open record. On one hand, this is an astonishing develop yet we have to think about the consequences. Public wallets are perceptible by anybody and incorporate the current balance of the wallet as well as how much cash has been gotten and paid out.
Without a doubt, this may be awesome for a non-benefit or any other Charity destination… however, do we truly need anybody to perceive what we have and who we send to?
Ladies and gentlemen, privacy coins come to the rescue!
These coins are intended to help give clients a level of anonymity in a powerful and decentralized way. Some examples are Monero, Zcash, Dash, Verge, PIVX, and our beloved newborn ANON. These coins use advanced mathematics to protect the privacy of transactions.
These anonymity oriented coins are becoming a pervasive and often strong controversy topic. As a result, many figures in the media and government have shown their aversion to such protocols fearing a new way for illicit and illegal activity.
Undoubtedly, this has been the year of trial and error of the Masternodes. there are very good examples of implementation, as well as others that remember the ICO of late 2017, for their empty projects and deception. I am very interested, the possibility of their owners to vote and reach consensus regarding the destination of the funds of their profits.
In this regard, ANON´s whitepaper establishes on page 13:
¨...masternode functions will be limited to highly flexible but unexploitable
voting schemes which can be leveraged for measuring consensus
amongst stakeholders in the ecosystem for any variable number of proposals¨
As a Masternode Owner, I would more than agree to allocate even a small part of the profits to promote campaigns in favour of privacy, as a fundamental right of democracy.
It is of paramount importance that the general public would be instructed not only in a sincere financial education but to valorize above all things, the privacy of their transactions. Many governments will be more and more adept at promoting campaigns against privacy coins, for the reasons described above, and therefore a constant and firm response must be taken.
The considerations derived from this publication are the result of my particular research and do not pretend to be a financial advisor. Please, do your own research and feel free to elaborate your own opinion about it.
Website: http://www.anonymousbitcoin.io/
White Paper: http://www.anonymousbitcoin.io/whitepaper
Twitter: https://twitter.com/ANON_WeAreANON
Bounty campaign: https://medium.com/swlh/anonymous-bitcoin-anon-official-bounty-campaign-7ea01c3bc4b
Linkedin: https://www.linkedin.com/company/anonymous-bitcoin/
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2173406
My Previous Anonymous Bitcoin-related Articles:
https://steemit.com/anonymous/@lallamacoin/anonymous-bitcoin-enter-now-before-it-s-too-late