Do we need a privacy coin that can only hide transaction amounts ?

[Apocollapse]

Monero was popular since it ever reach top 15 coins in CMC, but due to government want to kill privacy and control everything, they force the centralized exchange to delist privacy coins. This is why the popularity of privacy coins keep declining and centralized coins regain it hype.

Obviously we need a privacy coin to protect our privacy, do you think you don't need any privacy? you can share your real name, your face, your house, your total wealth here.

[justdimin]

Monero was popular since it ever reach top 15 coins in CMC, but due to government want to kill privacy and control everything, they force the centralized exchange to delist privacy coins. This is why the popularity of privacy coins keep declining and centralized coins regain it hype.

Obviously we need a privacy coin to protect our privacy, do you think you don't need any privacy? you can share your real name, your face, your house, your total wealth here.

I do not think that I need it, but I also do not want to share my face, ID and all that here at the same time, there is a huge difference. Think of it this way, if you know my transaction and you are aware of it, then you only know my address and my transaction that's it, and I do not feel the need to hide that, but if I use bitcoin, that doesn't mean you know my name, my face, my address and my id. Those are different things and not the same thing.

Monero hides your transaction, but bitcoin hides who you are if you want to, you could also do KYC and all that will be open to public if it's hacked, which happened a few times but that doesn't mean that you should do it neither, there is a small gap between monero and bitcoin privacy.

[fullhdpixel]

Im not sure about that. Im not a fan though since privacy in blockchain seems to break the idea of transparency but since its contradict the anonymous concept still be a huge importance to other people. Like the use of mixers which users prefer to use to hide their identity or erase tracks which is important for safety. Apparently we can all agree to that since people have different preferences.

Cryptos are said to be anonymous and then said to be transparent but it's indeed contradicting but I think cryptos like Bitcoin has only a partial anonymity. It was still transparent because we can follow the path of our transaction in a block explorer but there are coins created like Monero who offer more privacy and then crypto mixers are also created on the side which can do the same function if we still want to use a Bitcoin rather than Monero and other privacy coins. People have different preferences so some would agree and some won't. If those who are conscious about their privacy, I don't think hiding the amount alone will be enough for them.

[Silberman]

Monero was popular since it ever reach top 15 coins in CMC, but due to government want to kill privacy and control everything, they force the centralized exchange to delist privacy coins. This is why the popularity of privacy coins keep declining and centralized coins regain it hype.

Obviously we need a privacy coin to protect our privacy, do you think you don't need any privacy? you can share your real name, your face, your house, your total wealth here.

Those that think Monero and other privacy coins were not popular are deluding themselves, they were very popular however governments cannot tolerate at all a currency that gives complete privacy to their users and they basically started a war against privacy coins, and even bounties were released for anyone that could break their privacy, so with this in mind we do not need a coin that only hides certain aspects of a transaction but keeps everything open as that is not enough to call itself a privacy coin.