/biz/ - Business & Finance

>>52961893
>Even Bitcoin, the most decentralized chain,
Most decentralized, yet no privacy.

>>52880287
Interestingly, it might upset the rise of privacy projects. You don't need to be a genius to understand that the crypto space won't sustainably work out with privacy

All she need to do is find your wallet and your entire history and balance is going to right before her on a block explorer.

>>52632339
A DEX. It's a plus if you use one that supports privacy and anonymous trading

>>52463186
>>52465802
>he unbelievable, profound and universal ignorance of nearly everyone in the crypto scene has far exceeded my wildest expectations.
Everyone just wants ease and convenience. CEXes provides that to some extent. In the same way, there is a general conclusion that no one in crypto cares about privacy which is wrong. If the options to be private comes easy, the impression will be different.

>>52403580
>there is no actual demand for any coin.
With privacy coins, that may be wrong. How privacy may matter when the awareness is high extends to how relevant privacy solutions in crypto are becoming

>>52387325
Best if you use the ones that supports anonymous trading

>>52314050
The idea of regulations places the privacy rights of crypto users at a very high risk, even though it is a paradox- regulations can't work with privacy enabled

>>51709917
It won't remain so for long. It's slowly becoming clear enough that crypto will never scale without on-chain privacy fully enabled across blockchains.

>>51682717
The risk of censorship is perhaps one of the most reasons why it's encouraged to keep an anonymous profile, especially in finance.

>>51657845
Well, instant cross-border payments is one. Although, the security of transaction details is questionable as a result of the pseudonymous nature of the blockchain. Anything can be easily tracked, even by people who intends to exploit uses.

>>51487773
That's the whole point of using anonymity tools, isn't it? It's not hard to imagine that a time will come where everyone will place a big privacy demand on their assets.

>>51448616
A public centralized ledger. The genesis to the privacy gap that's slowing down the mainstream adoption of crypto

>>51428159
I guess the security implications of having all transactions publicly visible without restrictions is gaining a lot of emphasis. I won't be surprised if the demand to stay anonymous skyrockets over the next couple of months.

>>51377834
I can see the privacy focus with Railgun and Mina protocol.

>>51330109
>XMR to do well the upcoming 5 years
There is a big chance that privacy altcoins will do well in the coming years. Although, privacy solutions on Ethereum are more likely to have a longer-term value

>>51255668
>censorship
I'll attribute the censorship and risks associated with it to the privacy gap of the blockchain

>>51251337
How important privacy is cannot be overstressed. Fucking ridiculous that I can basically draw out a person's trasanction history just by getting a hold of their wallet address.

>>51186461
What's actually nice is the ability to make an on-chain transaction and not run the risk of being censored or tracked.

>>51139882
>So it can go both ways 1 regulatory capture 2 defi get's a collateral unrelated to fiat ending tether and usdc supremacy.
I really wonder what regulations will mean for privacy projects? I believe it'll amplify their essence as there might be a legal requirement for privacy if such regulations are exercised.

>>51136581
Another thing that will further drive these sentiments is when people can easily shield their transactions and maintain a private balance when trading on-chain.

>>51071871
Well, privacy systems shouldn't be about escaping legal demands. The emphasis is on the fact that privacy is a right and there is nothing illegal about wanting to stay private. This is why privacy systems like Railgun which gives users the option to provide a transparent report of their transaction history if it is demanded by regulators should be encouraged.

>>51005179
I reckon that privacy focused projects are worth investing in. Although, I'll rather invest in lower caps

>>50971570
>Privacy gap of the blockchain
By any chance, if users realize that the information about their transactions is not private and secure, most people will be reluctant to interact or make deals with payment systems