Are We Witnessing the Death of Privacy in Crypto?
No
- KYC everywhere.
That is when you choose to go through such, you have the option of going for a centralized or decentralized path, kyc in using bitcoin shouldn't be a challenge, when the bitcoin network itself is all about privacy and security being a decentralized p2p network, but its such a pity that only few understand this from the start.
- Government tracking tools are improving.
That is if you're using a centralized exchange, you're on your own, not your keys not your coins, all these government modifications can only affect the users under a centralized authority or institute.
- Even the biggest crypto companies are cooperating with regulators.
Which is that, all you may say is to be an exchange and they were know by that already
❓ Is true privacy in crypto dead?
No
❓ Or is there still hope for a decentralized, private future?
Not everyone before now and later in life will accept the use of a centralized exchange or organization for the safety of their crypto, because they know these exchange operates under the regulations of the government.