What's the arguments that privacy coins remain a separate type of coin in the long run? Why don't all privacy technologies become default for BTC/ETH/whatever other chains win?
The argument would be that regulators frown on privacy coins, make life harder for them (ie banning legal fiat on/off ramps), so most people use the more legal, more convenient, traceable coins. Privacy coins get used when needed for grey/black market stuff.
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More likely that traceability makes it easier to target whales in traceable coins when we have an exchange hacked and a premium is placed on privacy. Privacy features are either very untested (zk Snarks) or would require a change in the protocol (cryptonote).
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