The need for privacy in crypto is significant and a hinderance to wide adoption. With most crypto if you send me money once I then know your wallet address and I can then look up every transaction you’ve ever made with that wallet and every future transaction you make later. Clearly that’s a problem.
The fact that criminals are more motivated by privacy concerns doesn’t reduce the need and expectation of privacy for the rest of us.
You using crypto to buy your toilet paper is not a mass scale use case and it is irrelevant.
So then you claim that being able to buy stuff isn’t a “mass scale” use case…
You realize that’s fucking stupid right?
As I said, I can and do buy things regularly (though “rare” comparatively with the normal fiat purchases) with crypto. Other’s can do with me as well as the sites that I do it on do it as well. I can prove that by looking at the block chain and seeing the traffic in their wallets.
So “way to go man!” Unless you actually have something more meaningful than “nuh uh”. You’re kind of full of shit.
Edit: Lack of “big” vendors doing it != not possible at mass scale.
Dell at one point accepted crypto. They stopped because of regulation, not because of technical limitation. And sites like Newegg still accept it.
Nothing what you wrote contradicts my original OP.
You using crypto to buy your toilet paper is not a mass scale use case and it is irrelevant.
You can of course be pedantic and say, well I buy toilet paper with crypto therefore what you’re saying is wrong.
Way to go man!
The need for privacy in crypto is significant and a hinderance to wide adoption. With most crypto if you send me money once I then know your wallet address and I can then look up every transaction you’ve ever made with that wallet and every future transaction you make later. Clearly that’s a problem.
The fact that criminals are more motivated by privacy concerns doesn’t reduce the need and expectation of privacy for the rest of us.
So then you claim that being able to buy stuff isn’t a “mass scale” use case…
You realize that’s fucking stupid right?
As I said, I can and do buy things regularly (though “rare” comparatively with the normal fiat purchases) with crypto. Other’s can do with me as well as the sites that I do it on do it as well. I can prove that by looking at the block chain and seeing the traffic in their wallets.
So “way to go man!” Unless you actually have something more meaningful than “nuh uh”. You’re kind of full of shit.
Edit: Lack of “big” vendors doing it != not possible at mass scale.
Dell at one point accepted crypto. They stopped because of regulation, not because of technical limitation. And sites like Newegg still accept it.
you have basically ignored one part of their response, and invalidated the other part. good job!