Good point. Something that concerns me with Bitcoin is that anyone can see how much is in my account. Would love to see privacy coins become more of the norm.
You can create some obfuscation through using multiple addresses. But the Lightening Network is where privacy is really going to kick in. The concept is well understood, the system and apps just need to mature. Its like sending email in the mid-90's. It was cutting edge, blazing fast, and free, but only tech nerds used it because you had to use the command line to send them. Now everyone has email on a smart phone and the whole world uses it. Bitcoin, and the additional layers, are well on their way. It 5-10 years, the technology will mature to the point that everybody and their grandma can use it comfortably.
Good to hear it’s progressing. Monaro seems to be a good alternative for the time being if privacy is important to the user.
I speculatively bought some Monero, but I don't feel the same way about Monero that I feel about Bitcoin. The privacy that Monero enables comes at a cost. Supposedly you can tell how many coins exist, you just don't know which address owns them. But logically that doesn't make sense to me, so I haven't been willing to put enough work into understanding it.
And it also makes sense to me that bitcoin would adopt that feature if its value was worth the cost, since all crypto are open source by necessity.
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