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Been reading news about privacy coins becoming a hotter topic on Google Trends

To me, it was obvious since last year when I attended the Nashville Bitcoin conference

The revolution is dead, so there will be a massive exodus towards anything that offers financial privacy.

It’s not a matter of “if” at this point. It’s a matter of “when”. The fact that so many Bitcoin OGs are interested in Monero/Zcash/Zano/Beam these days is proof that there is still hope.

The only other question is: when will the “plebs” wake up and join the battle? Then will the normies put their money in something that better protects their freedom of transaction?

Regardless of when, I’m ready.

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Discussion

Zarko 4mo ago

Unfortunately the "plebs" are always late and more emotionally devoted to the maxi cult

epsql 4mo ago

Would you say there's no hope for privacy on Bitcoin anymore, and, if so, is it mainly because of KYC? I'm just thinking that the tradeoff seems inevitable: the more any given currency appreciates in value, the more regulators and the "old world" institutions are interested in controlling it.

Could things have gone differently in your opinion? And more importantly, do you see any paths forward for Bitcoin in this regard?

For example, would not privacy be good enough (whatever that means) if one purchases KYC-free Bitcoin and then goes through coinjoins on top of that?

Vlad, Bitcoin Takeover Podcast 4mo ago

Bitcoin could get built to be scalable and fungible before inviting the suits to gamble on it. How about that?

epsql 4mo ago

Yep that sounds good enough, but I'm not sure the suits asked for permission

onthephone 4mo ago

Too late.

trev 4mo ago

I think the regulators and chain analysis are coming hard for everyone, starting in the US (from what I've seen at my workplace). This leads me to the doomer mentality that everything will be flagged by heuristics, which will result in two camps - institutions and plebs. Just my idiotic take and would love for someone to dispel my FUD

MoneRogue 4mo ago

You can lead a (maxi) horse to water (Monero), but you can't make him drink (use it).