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Exchanges can see the assets I move through on-ramps and off-ramps, but (in the case of Zcash etc) they can't see all the on-chain activity in between, which is
by dlubarov 3y ago
Exchanges can see the assets I move through on-ramps and off-ramps, but (in the case of Zcash etc) they can't see all the on-chain activity in between, which is generally the more interesting part.
- philipwhiuk 3y agoAs soon as this gets mass adoption it will be regulated sufficiently that it will either be illegal to use or possible to determine who sent who what.
- dlubarov 3y agoIt has similar privacy properties as cash, so I would think governments would treat it similarly, with some reporting requirements depending on the amount. If they do outright ban transaction privacy, at least that would involve explicit legislation with some risk of backlash - seems preferable to the status quo where the privacy violations are more covert.