MultiversX Tracker is Live!

The privacy that coins like Monero give far outweighs all the illegal uses of it, everyone has a right to privacy that shouldn't be taken away

All Cryptocurrencies

by COINS NEWS 61 Views

After seeing Binance disable privacy coins in multiple countries, I think it's important to keep in mind that governments do have a good reason for banning these coins, as a lot of illegal activity is made easier and hidden this way.

But banning it takes away something more, namely the privacy that everyone has a right to, and this is just a trade off that comes with privacy and freedom of finances.

Nothing comes without its downsides, it's more about the evaluation of pros and cons and seeing if the pros outweigh the cons. It simply has more benefits than the harm it does.

In this case it's something that everyone should have the right to, Privacy. I don't think this is even worth evaluation, as it's so easy to see that the right of privacy far outweighs all the cons that comes with it, with all the hidden and illegal activity. So I can't believe that they don't even hesitate to take action against coins that give privacy as if it's a threat.

I'm still curious to hear if anyone has any good arguments as well against it.

submitted by /u/Elie0_0
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments