Group Co.
Divi - a Future Proof Cryptocurrency
Traders Magazine Online News, January 9, 2018
The world of cryptocurrency is very new, and fraught with uncertainty. The biggest challenge that cryptos now face are future regulations that government entities such as the SEC are assumed to be planning.
There are three big problems that must be overcome. Any cryptocurrency that ignores these issues risks being made illegal or irrelevant within a short time. These are the issues of anonymous transactions, securities laws, and tax collection. While we support the efforts to keep cryptos out of the hands of regulators, we also are realistic in understanding that at the end of the day, governments have the power to regulate. Therefore, The Divi Project has solved all three problems, insuring our place in the future roster of top digital currencies.
1. Anonymous Transactions
Governments are interested in taking away our privacy to send digital currencies, in the name of “Combating terrorism financing and money laundering.” http://dailycaller.com/2017/08/19/congress-considering-validating-bitcoin To solve this problem, Divi will have an on/off switch for the anonymizing feature of DIVI. Turning this off would leave it much in the same way as Bitcoin is now, in that transactions, with considerable effort, would be somewhat trackable. This switch would be built into our Governance system, and so the Divi network’s masternode holders will be able to vote to activate it, should governments begin to take action against cryptos that are unable or unwilling to comply.
2. The Howey Test and Securities Laws
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