I guess I don't understand what you mean by privacy coins. I can hold a gold or silver coin in my hand. I can hold a dollar in my hand and even though it is depreciating, I can still exchange it for goods and services. Crypto money exists only on some ledger on the internet. I fully expect disruptions to occur on the internet as well as the electrical grid which the internet depends on.
I guess I don't understand what you mean by privacy coins. I can hold a gold or silver coin in my hand. I can hold a dollar in my hand and even though it is depreciating, I can still exchange it for goods and services. Crypto money exists only on some ledger on the internet. I fully expect disruptions to occur on the internet as well as the electrical grid which the internet depends on.
I understand, and quite honestly, I don't know the right answer regarding crypto currencies. It may be worth something and it may not. Right now, there is value because people assign it value, but if the economic system crashes, will crypto still have value? We will have to see. The intent is to have a form of currency that is outside the banking system
I guess I don't understand what you mean by privacy coins. I can hold a gold or silver coin in my hand. I can hold a dollar in my hand and even though it is depreciating, I can still exchange it for goods and services. Crypto money exists only on some ledger on the internet. I fully expect disruptions to occur on the internet as well as the electrical grid which the internet depends on.
I understand, and quite honestly, I don't know the right answer regarding crypto currencies. It may be worth something and it may not. Right now, there is value because people assign it value, but if the economic system crashes, will crypto still have value? We will have to see. The intent is to have a form of currency that is outside the banking system