Post by Y

In a dystopian future the ability to transact privately clearly becomes increasingly desirable. But if we're talking about bets I assume that ultimately we're talking about value of the privacy token vs a basket of goods say. Black markets and gray markets historically have been denominated in currencies the transacting parties can frictionlessly use out in the open as well. If an anonymous token can only be used on the black market I believe that seriously caps its upside because it undercuts its standing as a universal medium of exchange. It becomes a "crime coin" that no one can legitimately justify owning unless they're active in the black market. I could be way off base about this but this is why I don't stack privacy coins.