Investing in a coin for the purpose of privacy is not a good investment. This is because the government has to criminalize every private currency and privatizing method with any significant use. If it hasn't been criminalized yet, it is just because they haven't yet gotten around to it.
I'm not saying that one can't hope for privacy. Only that the investment risk is extremely lopsided in this moment. Expect that the government can ramp up their criminalization efforts faster than a coin can reach escape velocity should its use become more common.
Private coins may be inevitable, but it is going to be a bumpy road to get there.
Bitcoin has absolutely capitalized on giving the impression of privacy, to those (most) not paying full attention, while offering the opposite. Without privacy, DCs are worse than cash unless you feel that you are under threat of seizure or you have a plan to abscond across borders sometime soon.
I was using "investment" as a catch-all for both speculation and use. As in one "invests" dollars into BC with either the intent of selling it for cash later, or the intent of eventually using it. See "with any significant use" in my second sentence.
I'm not saying that one can't hope for privacy. Only that the investment risk is extremely lopsided in this moment. Expect that the government can ramp up their criminalization efforts faster than a coin can reach escape velocity should its use become more common.
Private coins may be inevitable, but it is going to be a bumpy road to get there.
Bitcoin has absolutely capitalized on giving the impression of privacy, to those (most) not paying full attention, while offering the opposite. Without privacy, DCs are worse than cash unless you feel that you are under threat of seizure or you have a plan to abscond across borders sometime soon.