SmartCash is Introducing a Sister Coin that is Privacy Oriented
I was browsing my FB feed this morning. and saw something that almost made me spray my coffee all over my screen. This is what I saw:
SmartCash as a Privacy Coin
When SmartCash was initially developed, a strong emphases was placed on privacy. The best feature was the RENEW feature. You could 'burn' coins and have them replaced with new smartcash, allowing for a completely untraceable coin. This is a game changer.
Fungible
adjective, Law. (especially of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind. Dictionary.com
Then one day, the 'renew' feature disappeared.
I have hoped that the 'burn' feature would be reactivated, since it is one feature (among several) that makes SmartCash unique. I'm assuming the feature was removed because it caused issues with adoption.
Why was this Feature Disabled?
Some companies were uncomfortable about SmartCash's ability to be fungible since it's untraceable. To ensure SmartCash wasn't delisted, the feature was disabled.
It would be easy to use fear, uncertainty and doubt to damage the reputation of SmartCash as a 'criminal's coin', since it could be 'laundered' with a click of a mouse.
But financial privacy does not mean criminal.
Financial Transparency and Privacy
The advantage of digital currency is both transparency and privacy. SmartCash offers both - transparency and privacy. A public ledger that can be viewed by anyone and the ability to renew the coins, giving them a fresh start. This is what makes SmartCash one of the best coins available today.
The Return of Financial Privacy - a Private Fungible SmartCash
This is exciting news and very good for the future of SmartCash. Here's what people are saying about it:
The Future for SmartCash looks bright indeed!
If you are invested into SmartCash, now is your opportunity to invest some more. I'm not a financial advisory, but it's my belief that this heavily discounted number is going to go way up. Time will tell. Someday, we'll be looking back at this post either laughing or crying.
SMART PRICE TODAY:
This is a very discounted price!
It wasn't that long ago when we were seeing $2.00 to $3.00 per SmartCash. We may see something like that again.
THE FUTURE FOR SMARTCASH?
This might be what SmartCash looks like in a few weeks.
Let me know your thoughts in the comments below. Is this a good sign or something to be concerned about?
Thank you to all SmartCash enthusiasts out there.
SMART on!
My Smartcash Address:
SXJLtozyeJeCxYMd5ckXU2rGHGjAwUePMa
. Father of four wonderful children. The guy behind the camera. Steemit enthusiast.
Bless the Most High!