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RE: Blockchain And Cryptocurrency Success: Updating Our Monetary System

in #leofinance6 months ago

Blockchain can be used for control, and out the privacy and fungibility of cash. CBDC will be a game changer from the control aspect.

Outside of XMR and few others, the transparency of many of the predominant blockchains can backfire at some point if decentralized blockchains continues to disrupt the status quo, especially in the era of chain analysis, KYC, and AI.

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That might be true. However, data is data, whether it is financial (as in crypto) or medical records. As blockchains become more useful in other areas, a true decentralized storage system, users are going to demand some type of privacy.

Litecoin is in the process of implementing MimbleWimble. I expect to see more of it in the future.

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