It’s a dubious “honor” at best that a gang of criminals would choose to use ZCash for their extortion payments. Such a stigma is why people in the mainstream have a disdain for Bitcoin, saying, “Bitcoin is for criminals…bla bla”. Endorsements from criminals serve to weaken perception among the public at large, not strengthen it.
if criminals won’t use your currency; nobody else will either.
TheShadowBrokers Dump Service - September 2017 — Steemit here’s the actual write-up…
looks like shadow brokers dump service really enjoyed the encrypted memo field… now that there’s an example of successful usage; perhaps the medical industry could realize the advantages of ZEC over other block chains…
side note - the top subscribers to the dump service are prolly infosec, so criminals aren’t the only buyers. one could make an argument, shadow brokers dump service is marginally ethical for selling to everybody.
Let me clarify my earlier remark: Criminal endorsements do not help foster positive public opinion. However, for those people to choose Zcash speaks to the value of its anonymity. I’m afraid, though, that such tools also attract the attention of those who’d want to weaken or undermine it, specifically governments.
Legitimate applications which utilize the secure nature of ZCash is what they need to report. Those stories are what helps educate the public and, then, bring up prices. The latter is what all of us want.
understand you! but governments are going to attempt to undermine cryptocurrency regardless! last few years people have let their guard down.
$300 tomorrow morning ?
invest long term ? are u sure ?.. uhuk … uhuk…
Looks like it…there was a bear trap in place earlier i think…now we may have one more leg up before btc corrects…lets wait and see…
What does pip and run mean
Yes, without question, the greedy hand of power always seeks to control - and undermine - money. Cryptos, all of them, IMO, scare government for the simple reason that cryptos are outside of government dominion (in theory, at least). This is main reason I love crypto and have since BTC first came out in ~2011. No longer does any government need to be in my money. I like that.
However, in practice we see gov creeping in from every corner. Why I like Zcash so much is the anonymity it gives sender and recipient and the fact it’s decentralized (for the most part).
On topic: We’re hovering around 250 or so. I hope we’re on the moon in 10 years!
Lol…3 years we will be on the moon…6years on Saturn…10 years in a different galaxy altogether…
I think the shadow brokers news is a bonus PR for us…we should be taking it in our stride.
It is at least some news. Almost any news is good for us now.
their style rustles jimmies, and they’ve been legit (i think) so they get media attention. for a small up-n-coming alt network - all media attention is good… thought it was extra hilarious they tossed XMR under the bus!
Yup…also it makes the general public (who do not have any idea on the various features provided by the privacy coins) wonder why xmr was dumped and zec was chosen. This in turn leaves a positive impression on the privacy aspect of zec…imo of course.
obfuscation will always be defeated! read an infosec report on the first monthly dump… there was an interesting tidbit… they knew amounts of BTC, and XMR… amount of ZEC, unknown.
I did read on this. The fungibiltiy ascpect of zec is awesome…
I personally take their use of it to speak to the security of ZEC. However, my distinction is that the “Average Idiot on the Street” will not see it the same way
…and yes, let’s hope we;re in Andromeda in 10 years!
looks like that not this morning … seems you are right with bear direction … see you tomorrow.