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Defend your freedom

By May 27, 2018English

At the reception of a doctors or in a fitness club, we are all interested in confidentiality and an individual approach. On the one hand, we would like to store personal information in Private, but on the other hand it’s so nice to have a personalized client card and to hear that our voice is recognized on the phone. But what role does financial anonymity play in our lives?

Many Internet users use pseudonyms (nicknames). People find this an additional degree of freedom, since no one will find out about who you communicated with or what you communicated to them; you can fool around without the actions leading directly back to yourself. When you’re no longer 18 years old, and you want to remember what life is full of, the cheeky chappy, flirtatious man/woman you used to be before settling down with your loved one…

A pseudonym allows you to create somebody and remain anonymous, it allows you to ‘charm’ like you used to without direct relations back to your ‘real’ life…

The same situation with money. Nobody really wants your neighbours, family, friends or others such as rivals or thief’s to know exactly how much you have on your balance sheets… (Unless you have a large ego that likes to show off) — A lot of people like to keep this information private. But no one knows what will happen in a few years, when the cryptocurrency really becomes the mainstream and, perhaps, even in every house there will be a cryptocurrency purse instead of a safe with a gun. We can now only imagine how cool and convenient it will be, but to make it happen; to protect yourself, your family and your hard-earned savings is only possible with the help of anonymous purses and anonymous cryptocurrency. After all, it’s not a secret for anyone that banking databases, electronic wallet accounts and transactions can currently be tracked, sold or even stolen — Like we have se

 

en many times within the modern financial system we all attribute to.

I think I clearly stated my position about the anonymity. Now let’s talk about anonymity in the cryptocurrency, because I believe that only such a cryptocurrency (we do not take smart contracts) has a chance in future…. I could not recall all the projects that now exist, and it’s not really necessary because the market basically itself selects those who are better and more actively growing and developing. There are a lot of good projects, I do not want to offend anyone but what I found in Bitcoin Private is the best that is currently available:

1) The best privacy technology zk-snarks, which by 2020

 

plans to improve in zk-starks.

 

2) There was no premine, there is no commission of the block for mining. Resources for development — collected in donation fund, therefore the developers are responsible for every dollar and always report on the work done.

3) Low transaction cost (For a typical transaction of $ 175, we would pay about 2% + for processing credit card payments depending on the type of card, which is equivalent to $ 3.50 + per transaction for this amount, compared to $0.06 which will be paid by the person who sends Bitcoin Private).

4) Blocks are 2mb every 2.5 minutes, which is plenty enough to fulfil requirements from users. (I by the way do not understand why BCH increased its block size, which they now cannot fill)

5) Duplicate zk-snarks and Bitcoin blocking, and this is Segwit + Lightning Network, this is support for multi-hardware and other wallets, parallel development of two technology vectors.

6) Progressive marketing team and company. Listening to the community. I was very surprised to see so many people who believe in this technology and the team, 11 thousand chat participants in the telegram, more than 1000 active Ambassadors worldwide and growing Daily; with Ambassador Contests to help promote a friendly and encouraging atmosphere! BTCP also have Community Lead and Driven Teams helping BTCP in their own ways.

7) Decentralization. No masternodes, everyone has the right to vote and to be heard

You can regard all of the above as an advertisement or a call to buy, I regard this as an objective view that the developers have made the best offer of the crypto currency market, which will soon eclipse any other anonymous cryptocurrency, as it can be widely used in everyday life. Good luck to you, love yourself, your purse and your privacy it is so important for now, when Japanese government is trying to take it away.

https://medium.com/@DrHushchak/defend-your-freedom-530b3e88d433
https://bitcointalk.org/index.php?topic=3467968.msg36041776#msg36041776

Nikolay

Author Nikolay

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