What we must understand is we need to
have complete control of our coins. Exchanges are fine if the coin
cannot be shape-shift easily, but that should tell you that the coins
you mine should be on that shape-shift list.
During recent events with the BTC-e
exchange having the FBI take it down, it is hard to get the
perspective because I know for a fact after being in the Military for
ten years, that All of them do not even know the actual codes, they
have to look it up, and the book sits on the shelf until they can use
it. Secondly, they only use a small context that benefits their
reason. This is a form of dishonesty, and I can not fully accept it.
Since I do not have all the facts of
what is going on with this situation, I will just educate. The FBI
cannot Seize it, if they do they have committed a crime. It is
Decentralized and Deregulated. The agents do not have the authority
under decentralization, Only fear allows you to allow them. If the
data is on a cloud or your wallet It cannot be seized so why would
you put your information out there in the first place.
All the coins I mine Go directly to my
wallet and I shape-shift them directly to another. I have no
information, they cannot get at my money because there is no central
information. And If I happen to find I have to use an exchange I will
never exchange more that $16.00 value at any given time.
This Form of currency was meant to be
private. I have heard all of the Horror stories that Bitcoin along
with others is not. Listen get an electrum Bitcoin wallet and look
ant multi-signature, look at sending addresses, look at mixing. There
is no way to trace, because it was meant to protect you from hackers.
Every-time you send a transaction from
your Bitcoin wallet, you generate a different sending address. I
asked a year ago when I did a blog on the Block-chain, to anyone
telling them if Bitcoin is not ANONYMOUS, then tell me how much did I
send 5 minutes before I posted that article. To this day not one had
the answer. Because it is all speculation and lies.
Usually, your transactions become
public when you use a centralized exchange. If you would only use the
exchange for small values, and shape-shift your larger ones, you will
find that there will be a far better world when you are in control
and there is no central hub that has your information.
Shape-shift is for PRIVATE PERSONS
WISHING TO KEEP THEIR FINANCIAL SECURITY a RIGHT PROTECTED AND WILL
NEVER BE UNPROTECTED. This statement is true so long as people start
to stop sharing their information with exchanges.
It is fine, as I said, If you do a
small value, so people do not see. There are similar services but one
has to understand it is an address only transaction now, instead of
where an exchange your information is broadcasted on what you are
trading.
Want pure anonymous safe secure
exchanges only deal with the coins you can shape-shift.
