And huge increase of #VPN use in Russia, up 460% from Feb 24th to March 8th to an all time high
https://reclaimthenet.org/vpn-use-in-russia-skyrockets-to-all-time-high/
Privacy Coins Change over 3 days
Monero XMR up 19%
Secret SCRT up 9%
Haven XHV up 26%
Grin GRIN up 13%
Raptoreum RTM up 9.5%
Conceal CCX up 19%
Arrow ARW up 540% (over 24 hrs - can't find 3 day chart)
LiteCash CASH up 45%
Ok, enough screenshots, you can check charts for following:
Lethean LTHN up 120%
Aeon AEON up 19%
Hush HUSH up 19%
A couple of my very favourite #privacycoins EPIC and OXEN have not pumped much (3% & 0%), so good time to buy perhaps.
Another very favorite Verus VRSC (only :-) up 7.5% over 3 days but up 39% over 7 days
DERO also well worth looking at, not pumped recently.
Here's hoping that in these days of crypto (on CEX's) being frozen by #thepowersthatshouldntbe and all sorts of murder supporting centralised orgs restricting access to their crappy services depending upon your location, that you are using a VPN, that your bags are full of privacy coins and in Custodial wallets (not on non-custodial CEX exchange wallets), and you are using an open source password manager. Not your keys, not your crypto!
Sat Nam
Atma
All photos taken by me with Redmi Note 9 Pro (unless noted otherwise). Screenshots above from Cryptomarketcap and Coingecko
#teamuk #proofofbrain #palnet #PGM #OneUp #matrix8fixesthis #thoughtfuldailypost
Privacy coins are some of my favorites. Although they do pose significant policy challenges, their use case is undeniable. Those like Monero, Raptoreum, Verus (basically the PoW CPU mineable coins) will always have a use case, that obviously being privacy.
The potentially big downfall (or pitfall to mainstream adoption) that I can clearly see, is the policy side of regulating privacy coins. Its nice to live in a fantasy world and think privacy coins will be an unregulated wonderland forever, however, like everything to ever exist, they will be regulated (sooner than later too). Now, if Privacy coins remain in their own niche, with sort of minimal regulation, I think they maintain their use case. If governments decide that privacy coins being adopted pose a huge risk to control; and proceed to come down hard on them from a regulatory perspective, their prospect may be killed.
Hopefully the primary more so than the latter applies, but only time will tell. Until then, I hop privacy coins continue to adapt and get ready for the coming regulatory framework battles.
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Do not worry my friend, regulations do not matter anymore. Privacy coins and PriFi (private DeFi) cannot be stopped. Haven Protocol brings PRIVATE stablecoins into the crypto world for the first time, and it has an exchange built in at the protocol level: permissionless, private, decentralized swaps...amazing. Even if every exchange bans it, it will still work just fine.
And Haven and and Monero are both being added to Thorchain, which will give them a direct bridge to DeFi with the other major coins. Plus Secret Network has it's own chain with a public and private side, and when you send to the private side you can do DeFi in private without your history and wallet being on display for the world to see. And there are also projects in the works with 100% private DeFi with no public/private sections, where it will be 100% private by default as well.
Haven + Thorchain + Secret = unstoppable PriFi (private DeFi ecosystem).
Yes, the main concern is whether these types of crypto will be "allowed" to be exchanged with the less-opaque blockchains, or if they will be sanctioned out of use...
With coins like Haven Protocol regulation is irrelevant, its entire ecosystem is self-contained and can work just fine even if it is literally banned by EVERY exchange. Haven (XHV) is the reserve currency with Monero privacy tech, and acts as collateral to mint the first ever PRIVATE stablecoins (xUSD is the base currency on the private stablecoin side), and even private synthetic assets that track the price of gold or BTC. And most importantly the exchange is built into the wallet at the protocol level, so you can still do all of your trades from right in the wallet: totally permissionless and 0% chance of the exchange freezing or stealing your funds.
Haven is also being added to Thorchain along with Monero, so you will also have a DEX to swap with the major coins like BTC that dont have smart contracts and typically are not found on DEXes, so not only will it be its own self contained ecosystem , but it will also have the support of the most huighly anticipated bridge to the rest of the crypto world, including non-smart contract coins like BTC.
In short, we don't need to ask for permission anymore and even the government cannot stop us. We will do what we please with out own money, privately.
and therefore grains, oil, solar panels, seeds, etc. stuff we need to live :-)
Excellent.
Now, how about Havens Community Governance system, how does that work This is probably the MOST important factor i think
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#privacycoins with fully decentralised DAO's with "proper" community governance are unstoppable.
Need to research all the different options out there and choose a selection from the best. None are perfect yet i dont think. Lethean is probably on top for me. One of many i HODL
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You took the words out of my mouth friend. See my other replies in the comments for further details, but if you are still in the research stage, research these: Haven Protocol and SCRT Network. Then read up on Thorchain too; while it is not private, the Thorchain team are big fans of privacy coins and want coins like Monero and Haven that don't have smart contracts to be CONNECTED so people can swap in between them permissionlessly, and also have direct access to the wider DeFi ecosystem if they choose, all with any need for banks or dinosaur centralized exchanges that will freeze or steal your funds.
Monero is the privacy king and is the gold standard for privacy tech and the most reputable, but the big new player that is rising is Haven Protocol. The reason Haven is so important is because they bring 2 big things to the table: a range of PRIVATE stablecoins to crypto for the first time ever such as xUSD and xEUR, and also the fact that they have a 100% self contained ecosystem, and can still operate even if ALL exchanges ban them! That is because they have a private, permissionless exchange built right into the wallet at the protocol level. It uses the same mint & burn system that Terra LUNA does: XHV is burned to create the private stablecoins, so not only do you get the advantage of keeping your savings in 100% private stablecoins, but as the popularity of private stablecoins grows, more and more XHV will be burned and increase the scarcity of the base currency/collateral asset. So more private stablecoins are minted and become more widely available for non-investors to simply save their money without any government snooping, AND those traders that wish to speculate also make greater profits: it is a win-win for both use cases.
If you have any questions, please feel free to let me know, I have been in the XHV community for about 7-8 months now and have learned a great deal about it over time.
Thanks for responding new friend :-)
I also HODL some SCRT and XHV, and yes understand how Haven works, which is why i bought some at a much higher price than now, and added some more recently at a lot lower price. I wish there was an option for a stable coin based on a personalisable basket of cryptos, so i could choose based on what i consume. So, i would for sure include some xEUR, but would also choose commodity based tokens, like food, fuel etc, and being able to %weight each one according to how much i consume. Maybe that makes sense, ask if not.
i wonder if Haven might be suitable for Fractally to be based upon. i suggested to @dan in a meeting this evening that he consider Verus and Lethean.
Peace man
Atma
Yup. Berwick from the Dollar Vigilante also warned about this. The more governments are becoming tyrannical the more people will wake up and realize the necessity of using privacy coins. Thanks @atma.love 🌟🙏
I agree 100%. I suggest folks save at least 10% of their funds in private options like Monero and Haven Protocol, which has both a base currency XHV and PRIVATE stablecoins for the first time ever in crypto! You can even trade to different private stablecoins and to/from XHV from right in the wallet, as they have an exchange built-in as a feature for the software! No more worrying about if it gets banned from exchanges since it has its own! But even better both Monero and Haven are being added to Thorchain, so the 2 main privacy coins and BTC, ETH and more will all be connected and can easily be swapped with a few clicks. Thorchain is great because it introduces DeFi to coins like Monero and BTC, which do not have smart contracts.
Haven + Thorchain is all you need, bans are now irrelevant.
The advantages of privacy coins are becoming more and more apparent. I made a post a few days ago about how Hive will need to implement privacy features or at least have a second-layer solution that allows for less transparent transactions.
Great point, I would love to see HIVE add a service similar to Tornado Cash or Wasabi wallet's CoinJoin feature. That or perhaps have something similar to Secret Network where the base layer is public, but they have an L2 layer for private DeFi.
That would be good, if wallets and financial transactions were encrypted, but i doubt rhis is possible on Hive. With side chain, maybe, i dont know
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There is many privacy coins. I only know of monero. I need to have a look at secret and arrow. And find out which exchange I can buy it from. Having these coins sure can be a useful !
Monero is great, and everyone should have some! The big 3 are: Monero, Haven Protocol, and Secret Network. Just to be clear, Secret Network is not private by default, it is a Cosmos-based chain that has a public L1 for standard transactions, but their DeFi takes place on another layer, where your activities and transactions are private.
The next big one is Haven, because it introduces private stablecoins for the first time, that is going to be huge once folks start hearing about it. And the built-in exchnage in the wallet protects them from exchange bans too.
That's great. I shall have a look at haven protocol, secret too as I have a keplr wallet. Thanks for the information !
No problem, I am glad that you found it useful! This past few days due to all the news stories of people's exchange accounts getting frozen and money being stolen is what prompted not just these privacy coin price increases but also the volume surges is what really encouraging. Fear is a great motivator for people to seek ways to protect themselves and what they have earned.
I stopped using KYC exchanges years ago, and this year I am pulling my last 1-2% of my portfolio off of no-KYC centralized exchanges and going 100% DEXes and self-custody. It will be a liberating feeling! :)
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I haven't heard about them before, but Will give them a Look. Thanks 👍
In the current situation of economic war, where the origins and destinations of transactions are persecuted, technologies such as keyring or zero-knowledge from monero to zcash are essential. If this is coupled with the fact that the commissions are low, they give rise to an ideal state.
Stay away from ZCash, it is not trustless, not private by default, and the CEO already said publicly that he is ok with giving police and governments a BACKDOOR to the software. Literally any privacy coin but that one.
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