Clarity comments on Look for the Next Tech Gold Rush? - Less Wrong

34 Post author: Wei_Dai 19 July 2014 10:08AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (113)

You are viewing a single comment's thread. Show more comments above.

Comment author: Clarity 26 October 2015 04:14:44PM *  0 points [-]
  • Freicoins is relatively unknown and doesn't appear to have a strategic advantage
  • Litecoin and other non-anonymous alt-coins are very poorly strategically differentiated and small market share with most predicting they will be dominated by bitcoin eventually
  • Bitcoin has already been heavily invested in and majority mined. Institutional investors are in, market efficiencies are out. how about the anonymous coins:
  • Zerocoin is coded to allow for backdoors for government
  • Darkcoin (now Dash) is poorly administered
  • bytecoin is centralised
  • Monero is promising, high market share, hard working movement and complimentary tech/web-site/feature building community

Monero is promising given that if say corporations who want to minimise tax, Cartels or other (criminal) organisations and entrepreneurs get into it, it is likely to spike up the price. The assumption is that they aren't already and that it is more efficient than current financial hiding stuff.

Note: Author does not hold these because her portfolio geared exclusively towards shareholder activism, but would be delighted for rationalists to win some. On the other hand, it kinda hurts me to know I'm probably increasing the probability of some dark rationalists sharehouse roomates getting charged for their dark market orders,

appreciate any criticisms, etc. For one, way to illiquide market. It's a huge hassle to send ID docuemnts to bitcoin trading websites to get approved...and there are literally 2 sellers on the peer to peer website. So either huge opportunity to make a buck selling, or huge opportunity for a tor based buying system, or both, or I'm wrong. I reckon another high impact, intellectually stimulating and profitable venture would be discreet, anonymous, data analytics, paralleling what commbiz does for dark net market businesses and such.