missfox Posted October 26, 2017 #1 Posted October 26, 2017 We all know that Bitcoin transactions are not anonymous but pseudo-anonymous, resulting in many problems like tainted coins etc. Some cryptocurrencies offer significant more privacy (Monero, Zcash etc) but at a cost. However my question is more fundamental: How 'much' privacy do we really need for a widely adopted cryptocurrency? I believe Bitcoin as-is won't get adopted for everyday transactions. Nobody would want to show his buying habits to the whole world (imagine how many ads and flyers you would get). On the other hand, I don't believe cryptocurrencies that offer too much privacy will get adopted either, since they will be used for criminal activities and eventually get banned. My feeling is that we want a currency that offers privacy to some extent, without revealing our transaction to the world but still be possible for law-enforcement to track illegal activities. What do you think?
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