So, the question is:
❓ Is true privacy in crypto dead?
❓ Or is there still hope for a decentralized, private future?
Privacy in crypto is not dead yet, at least not completely; we still have the option of choosing to be completely anonymous or following a step to use crypto just like crypto and not like it should be used. Mind you, those who want privacy in crypto should avoid using centralised coins and still expect to remain in control; there is a serious fight against privacy, but that does not mean that privacy is dead.
Lets discuss:
- What are the biggest threats to privacy in crypto today?
Your thoughts? 🤔
The biggest threat to privacy is convincing the people that there is no point in remaining private; if everyone knows the importance of privacy, then government actions and attacks are just minor, as you can still find your way around in protecting yourself.
- Which privacy tools/coins still have a chance to survive?
Mixers and their usage have been indirectly defined as money laundering tools. Monero is gradually getting delisted by some exchanges, as most don't even have it available and traded in their market, but they still have a chance as long as you know how to use them with complexly decentralised tools.
- Will CBDCs completely destroy financial freedom?
CBDC will only continue from where the fiat system stops if you are comfortable using fiat and the banking sector; then you will have no problem using CBDC because it will have the same stick rules detecting what you can use your fund for and how you can use it.