dont just believe this guy. you must have your opinion. I dont like privacy coin even I support anonymous but privacy coin support for criminal
In some countries in europe, you cannot even pay for things anymore in CASH above 2000€. The governments do this because they want to weaken the "black market" / tax evasion / people working without paying taxes and so on.
But there was studies done on this by universities. The fact is that such limits actually WEAKEN trust in governments and people hide even more money. What does this tell us? Government employees are usually not that intelligent and have no REAL LIFE EXPERIENCE.
So if there is privacy coins where people can store value in,without having to hide their money in planes to switzerland, singapore or cayman islands tax heavens, i think its a good thing. As it actually takes the criminal, hiding aspect away and it forces governments TO BRING BETTER, EASIER, BETTER TAX LAWS. Its ridiculous. Even tax experts dont understand all the different, complex tax laws nowadays. How could average joe?
So i think a free market is the best solution and so are privacy coins. If there is better tax laws, people will be GLAD and HAPPY to invest theri money (coins) in the free market to create jobs, growth and other real value. But as long as governments think they can OPPRESS and blackmail their citizens, all privacy coins, tax heavens and so on will only GROW and people will lose EVEN MORE trust in governments.
So there is only one answer, and its that governments start working FOR the people, not against them. Privacy coins will help with this on the long run, you just need to have the vision to see this, and understand the markets, and with privacy coins now you dont have to fly to cayman islands anymore and work with shady bankers, you can just put your money in a crypto and even have a great return in most cases. So to counter this, governments will be FORCED to bring better tax laws, how is that a bad thing?
USA is already doing it btw with their huge tax reform, so will europe. Of course its not ONLY because of privacy coins, but i KNOW it does play a huge part and privacy coins as Colx, Zoin, Monero, ZCash will only keep growing BIGGER until governments get SMART.