Sorry, but I think it does not work really, it only works for the steemit.com site, but not for the steem blockchain, because other popular steem sites, like Busy.org do not encrypt or hide the comments starting with #. I hope people don't feel too confy and don't send any really private message using this Steemit method. Best regards!
Pablo
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Oh wow, thanks for letting me know! Luckily busy.org and the other websites still hides the memo if it was sent using # from Steemit, but this is still a huge problem.