Think about it:
- KYC everywhere.
- Government tracking tools are improving.
- Even the biggest crypto companies are cooperating with regulators.
Privacy coins like Monero (XMR) and Zcash (ZEC) are under constant pressure.
Meanwhile, CBDCs (Central Bank Digital Currencies) are being pushed by governments — which are basically surveillance tools in disguise.
So, the question is:
❓ Is true privacy in crypto dead?
❓ Or is there still hope for a decentralized, private future?
Let’s discuss:
- What are the biggest threats to privacy in crypto today?
- Which privacy tools/coins still have a chance to survive?
- Will CBDCs completely destroy financial freedom?
Your thoughts? 🤔
Bitcoin isn't how it used to be and how privacy were been protected has change from the way it were back then. I mean, every new person coming to crypto could buy a small amount of Bitcoin and they get introduced about self custody, about decentralization and how to avoid middle men but I think now that Bitcoin is so expensive, most new people like the retailers eyes are on altcoins and the first place they go is centralized exchanges where you have to do KYC before you are allow to buy and sell anything.
Another challenge is institutional adoption, there is no way you are going to make Bitcoin pass through government without government making controls. We need adoption and without government there is no adoption, this is why many institution even Binance that is the largest centralized exchange has to accept kyc and funny thing is despite that, they are been sue for $4B just because they didn't follow due processes and how the government want things to be done. Some people that value privacy will continue to value theirs but the ratio will be very low.