Joshua IMO, fungibility and privacy are basic features of digital...

January 14, 2024 at 11:13 AM  ·  Comment — Jean Rintoul's post  ·  View on Facebook  ·  Markdown source

Joshua IMO, fungibility and privacy are basic features of digital cash. The maxis won't allow privacy because they want "number go up" and don't want to be booted from centralized exchanges (the way actually private cryptocurrencies have been booted). Even now, they're touting Bitcoin's lack of privacy as a "feature". But, eventually, people are going to stop speculating, and they're going want to: * spend crypto without revealing all of their purchases to the world * spend crypto without revealing how much wealth they hold * buy stuff without paying high transaction fees * buy stuff without waiting a long time for the transaction to settle * keep their money off centralized exchanges (where it can be exit-scammed, confiscated) So, they'll switch to the coins that have those features natively (and not tacked on via broken messes like the lightning network).