I'm super black-pilled on the privacy bit. It feels like all hope is lost to achieve any meaningful on-chain improvements for privacy now that the ETF BlackRock suits are on board.
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Good, privacy should be an opt in feature.
If privacy is on the base layer verification is difficult or impossible. Proof of reserves is no longer feasible. Some entities should be acting publicly.
Bitcoin with layers flips traditional banking, in which the individuals have no privacy but the institutions can move invisibly behind the scenes.
Yes, feel the same way. Need to innovate quickly on decentralized privacy.