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by jazzkingrt
1556 days ago
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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. |
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> 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.