While it's true that privacy coins offer enhanced privacy and security features, it's important to note that complete anonymity is not always guaranteed. In fact, some privacy coins have faced criticism for being used in illegal activities, such as money laundering and tax evasion, which has led to increased regulatory scrutiny. Moreover, while transactions on privacy coins may be more difficult to trace, they are not completely untraceable. For example, governments and law enforcement agencies have employed various techniques to trace the flow of funds on privacy coins, such as analyzing transaction patterns and monitoring exchanges.

i don't think there's any privacy coin they let you believe that and if the government want any transaction history they can get it easily.

Quote from: OpenCEX on March 14, 2023, 09:50:20 PM

On the one hand, this is pleasing. It’s a useful feature, and it can affect the price of SHIB.
But on the other hand, large crypto exchanges may start to delist SHIB. This happened with LTC when it added support for MimbleWimble.

Shiba's price is pretty terrific nowadays, especially looking on its Market Cap. It seems that it's impossible to return the previous popularity, that's why such news appear. Just to remind investors that Shiba is still here and nothing else.

There is already one that suits everyone and it's Bitcoin. Even if you want to use it anonymously - you can trade it on no kyc decentralized exchanges and store it on decentralized wallets. But ofc it's hard to hop in now as the rate is still quite high.

However, I would argue that the cryptocurrency market is constantly evolving, and new privacy coins with innovative solutions may emerge in the future. While it may be challenging for new privacy coins to gain traction, it's not impossible.

It's important to remember that different privacy coins may have unique features and use cases that may appeal to different types of users. As the demand for privacy and anonymity in cryptocurrency transactions grows, we may see an increased adoption of new privacy coins that offer improved features and security.

Regarding Monero, it has been a dominant privacy coin for a while now, and it is hard to say when or if another coin will dethrone it. However, the cryptocurrency market is known for its volatility and unpredictability, so it is always possible for new coins to gain traction and popularity.

On the whole, that's a wrong way to consider only one coin to be best of the best. There's a wide choice and each has its own advantages, but I'll never supporting only 1 crypto from the whole market

I think you're right. Being myself a fan of Monero and Crypton, which are from the very beginning structured as privacy coins, I feel unconscious about such attempt to make coin private.