They Say Privacy Doesn’t Matter… Until It Does!
At The Crypto Vigilante (SUBSCRIBE), we are all very contrarian, and we don’t always agree with each other. While our analysts offer the best trading tips in the space, we don’t generally follow the latest hype trends because we focus more on what matters for long-term growth and fundamental investing.
In many ways, you live in an Orwellian nightmare, which means privacy is so important. Meanwhile, privacy is not a focus of any “mainstream” cryptocurrency, not BTC, ETH, or SOL.
Some cryptos offer optional privacy like Zcash but remember that it cannot be fully censorship-resistant unless it is private-by-default at the protocol level.
The two best crypto protocols for privacy are Monero (XMR), rigorously vetted and peer-reviewed, and Pirate Chain (ARRR). Monero is the standard for private, untraceable digital cash. Still, Pirate Chain is exotic cryptography using zero-knowledge proofs that simply needs more peer review and third-party auditing, which is already happening.
Anyone can use privacy coins and privacy tools, which means criminals can use them too. Still, this technology is vital for people who find themselves needing to escape tyranny – like that of 1930’s Germany or 2020’s USSA. You may not want to get caught holding Bitcoin or Ethereum in that kind of environment.
The Lightning Network’s problem is that it attempts to be a mesh network for decentralization and privacy, but it still has some dependence on centralized liquidity providers. Lightning is also less private than many of its supporters claim.
In my new walk-and-talk vlog from somewhere in the snow-covered mountains, I share my thoughts on all of this and more, including the importance of fundamental analysis, fungibility, and operational security in crypto.
Check out the video here:
Watch on: Odysee | Rumble | YouTube | BitChute | DollarVigilante.tv
At The Crypto Vigilante (SUBSCRIBE), we are not contrarians just for the sake of being contrarians. We seek to gain differential knowledge.
Crypto is interdisciplinary and multidisciplinary, with many subjective perspectives competing in a free market. If you can navigate through it all with an open mind while remaining skeptical, you get an objective perspective – a view of what’s essential.
You will also learn a valuable lesson in humility.
As many are beginning to discover, mass formation psychosis is when a large part of society focuses on one issue or leader. Followers are hypnotized and can be led to believe anything, regardless of data proving otherwise.
Today, this mass formation psychosis is happening both with the worldwide scam-demic and in the crypto space.
Stay vigilant.
Get 25% off Miami Bitcoin Conference Tickets with Discount code VIGILANTE25 here: https://www.btcmiami.com/
Get 10% off Anarchapulco 2022 Tickets with Discount code VIGILANTE here: https://anarchapulco.com/tickets/
The Crypto Vigilante (SUBSCRIBE) is the premier financial newsletter specializing in crypto asset markets. Follow TCV on BitChute, Facebook, Flote, Gab, Instagram, Medium, MeWe, Minds, Odysee, Rumble, Streamanity, Substack, Twetch, Twitter, and YouTube.
Podcast: Play in new window | Download
Subscribe to the TCV podcast: RSS
