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this post was submitted on 28 May 2024
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Privacy
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Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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This is indeed one of the things cryptocurrencies exist for, but social media denizens around these parts have long conditioned themselves to hate it.
So a rock and a hard place, it seems. Which is more hated; the big data-harvesting corporation co-founded by Elon Musk, or a big bad NFT-hosting blockchain?
For people who are concerned about data harvesting I would recommend something like Monero or Aztec over Bitcoin, though. Bitcoin's basically obsolete at this point, coasting on name recognition and inertia, and has no built-in privacy features.