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RE: Are privacy coins the future?

in #crypto6 years ago

In the end the crypto industry will divide to two groups. One supports coins that are regulated, and the other supports privacy. Eventually exchanges need to decide if they want to keep their user base or follow the regulations strictly as all bigger exchanges need to support at least one privacy coin.

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I could see that. Most exchanges will have to decide one or the other. Governments aren't going to give them their blessing if they are supporting privacy coins...

Privacy coins are the future as people get frustrated over corrupt governments... Europe will be the test bed for new exchanges that focus solely on listing privacy coins. Nobody really knows if Monero can keep the position as base currency as recently some users have criticized the constant hard-forking to fight ASIC miners. Instead of killing the performance gain of ASIC miners, it seems Monero is slowly killing CPU mining and focusing on developing GPU-optimized algorithms.