Privacy is an issue for emergent systems because the set of ...

JackTheMimic
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Privacy is an issue for emergent systems because the set of users can be identified and crushed. But once there is ubiquity, on chain privacy is not a focal point of money. Minor pseudonymous protections (like no accounts tied to people but Public keys as the only identifier) serve well enough to use it as money.
So yes privacy is an issue NOW. but embedding privacy into the protocol is going to be vestigial with mass adoption.
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