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Old 11-08-2019, 01:26 PM   #811
elesmod
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Registered: Sep 2012
Distribution: Slackware
Posts: 88

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Bitcoin was mentioned earlier. It is the most popular cryptocurrency, but IMO it doesn't have the best technology out there.
Bitcoin is tracable, which means if Pat would post a BTC address for donations, everyone in the world could, at any moment, look into that address to see all the incoming and outgoing transactions of that address. This could potentially be (phisically) dangerous to Pat, because if some criminal saw that there's e.g. 300,000.00 USD worth of bitcoins on that address, he/she could use a crowbar to beat out the password to that wallet out of Pat

There is however a better (IMO) technology out there, and that is Monero - the only cryptocurrency with privacy set as default - https://web.getmonero.org/

I doubt Pat would set up one anytime soon, but at least he might hear about it, if he hasn't already.
 
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