In the wake of the most recent Facebook data breach, public awareness of data privacy issues is clearly on the rise.
privacy "coins" are coins aka a currency and have nothing to do with "data" such as personal information that is stored in Facebook and other similar platforms!
For companies building on blockchain, privacy-oriented blockchains like Horizon are becoming more attractive than ever. As a result, privacy-focused projects across the board are going to gain a lot of steam in the next year.
i am really interested to see how they can use blockchain technology in data protection and in social media platforms similar to Facebook but unfortunately so far there was either no difference or they were centralized...
But, as we’ve discussed previously, regulators aren’t fans of digital privacy and they try to obstruct this wherever they can. While regulators may not be able to completely strip anonymity out of crypto projects, they will be able to lay down even stricter KYC and AML standards and penalties to pressure projects into cooperating.
both KYC and AML are money related laws. you are talking about privacy and data protection and started it with Facebook fiasco so you can't talk about these.
besides we are trying to achieve decentralization which means regulations and these laws are irrelevant.