I understand that anonymity is one of the rules of cryptocurrencies, but personally I do not use Monero and I think that I have no reason to hide, because I do not do anything forbidden.
If you have nothing to hide, show us your bank statement from the very beginning to now... unless you're a criminal ? /s
And if Bitcoin also becomes anonymous, then there is a chance that regulators will make even more problems for Bitcoin.
So now regulators decide how Bitcoin will be developed ?
I think Bitcoin has the right amount of privacy.
For regular Joe, it has no privacy. You're saying it has the right amount for the right people ? that's not very comforting.
Maybe in like three or four decades once Bitcoin is already widely adopted and used on a daily basis, to the point where this wouldn't be able to affect adoption, maybe then it would be okay. But not before.
It's already too late to make that big of a change, why you think it will be easier even later ?
From what I see in the comments, people are afraid of changes because that could affect the price. No one wants to upset the REGULATORS!
Please, Just don't call yourself cypher
punks.
And calm down, I'm pretty sure that true privacy enhancing technology will never be added to the Bitcoin nor any substantial changes, so you will be able to run a worthless, non-mining full node on your Pentium 1 CPU and slow Internet connection that contributes nothing to the network security.
If Snowden wasn't paid for shilling ZCash in the early days, he would probably just said it straight like McAfee did - use Monero.
Bitcoin will
always be a true hero for bringing our attention to the problem of financial freedom and privacy issues, for showing us the way, but it's outdated - on purpose.