Monero being accepted on Alphabay and Oasis Market. Legal concerns?
Well, Alphabay and Oasis Market has added the monero option already to their sites. But it is not yet functional - we'll have to wait till 1st September for that.
This change has come in the midst of a Monero price hike - and in my opinion it's going to fuel it even more.
But, is this really legal? Could monero face repercussions in the future for this?
Why is monero better than dash?
Dash has a premine, Dash uses masternodes which can be compromised, Dash uses coinjoin and is not anonymous on the protocol level. Mixing with Dash takes ages and is not as anonymous as using monero...
I think I read recently the Feds were working in cracking coin join. When I first looked at it I thought monero sounded better but I have been really impressed with dashes governance. Also you would need to compromise 50 percent of the masternodes right?i think there may end up being so many it can't be compromised.
Steem is very open, so I think would be a horrible currency for anything illegal. Creating accounts also cost money....
But the advantage is that steem is quite clean so far and that might be designed this way.
I agree, the transparency of steem is not at all well suited to darknetmarkets
Maybe monero could use a similar feature of Steem dollars to create monero dollars backed by new monero. Dash could probably do this easiest with its voting framework.
why did you flag my post? because you disagree with my opinion?