Q. What is the future of Privacy Coin such as Monero, Zcash, Zcoin, etc?
ae1996

A qurios person.


What is the future of Privacy Coin such as Monero, Zcash, Zcoin, etc?

When we are talking about mass adoption, I guess government will not accept all cryptocurrency. They can accept bitcoin because they can track the transaction address, with KYC to match the bitcoin address, they can get some taxes from it. They can’t track Privacy coin and put tax from it because they can’t track it. They will make a law to state of not using privacy coin to the civilians. What are your thoughts on these ?


crypto bitcoin blockchain
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May, 2018

Cryptocurrency
 106.65 q
2 Answers
  • kiaazad

    they would remain a small but powerful tool, such coins are necessary but they wouldn’t appeal to the masses that easy.


       

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      3.0 q
  • microsomes

    erm interesting question. hope someone else can answer this.


       

    answered by

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Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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