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by jazzkingrt 1556 days ago
There are still crypto projects whose primary focus is privacy (eg monero). But unsurprisingly, it's difficult to spend that money without going through a KYC process.

I think the "dream" of truly private transactions was always unrealistic. Governments have many tools at their disposal to get what they want.

Even cash is only so private. In the USA cash purchases over $10,000 require a report to the IRS.

2 comments

Monero is my favorite crypto project and the only token I still use today. Their randomX pow protocol is brilliant and the anonymity is opaque as you can get! Requiring those huge memory pages for efficient mining is a great solution for deterring mining botnets.

> I think the "dream" of truly private transactions was always unrealistic. Governments have many tools at their disposal to get what they want.

Unfortunately you may be right. I sure hope not.

Particl.io has built a marketplace for this. It hasn't taken off yet but the 'dream' seems to be their dream too