RE: Payment gateways could eliminate the use of cash
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It's sad to see cash disapeering. The important attribute of cash is its privacy! FIAT currencies that are digital lose the privacy as banks can see what you're doing and possibly censor transacations. This is happening right now in Venezuela. If we have privacy with crypto, like you would have with cash, then that's the killer implementation!
Nice post, I'll continue to follow your work!
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Well said. Luckily we do have cryptocurrency projects like Dash and PIVX that try to be digital cash. Dash use on chain mixing which has not been de-anonimized yet. PIVX mixes zk-SNARKs and PoS.
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What's your favourite project when it comes to the 'Digital Cash Race'? My guy says BCH. Never heard of PIVX! Thanks for the comment.
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BCH has so many things going for it that makes it far superior to BTC. I like Roger Ver. He has a real vision and wants to create a scalable, cheap and usable system. But my pick will be Dash. Roger Ver himself has stated on several occasions that he has diversified into Dash. Dash has four things BCH doesn't:
https://pivx.org is PoS Dash with zk-SNARKs (an implementation of the technology used by ZCash) instead of decentralized coin mixing.
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Yes, privacy is the most precious and most violated thing in these times. There is a great educational challenge for the general society to understand the importance of privacy, especially in such countries
Today, there are several projects in crypto-currencies trying to achieve this goal, so that we can trade in private digital currencies.
Thank you for sharing your opinion @localgrower, I learn a lot from comments.
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