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Feb 10
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WATCH
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Changpeng Zhao
Founder & Former CEO, Binance
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Chamath states he is not a Bitcoin maximalist because it lacks fungibility and privacy. CZ agrees, noting that "Bitcoin and most cryptocurrencies do not have enough privacy features" and that "no one is really focusing on [privacy] right now" among the big caps. As crypto adoption grows, the "public ledger" problem (everyone seeing your net worth/location) becomes a blocker for mainstream commerce and safety. There is a market gap for a privacy solution that is scalable and compliant enough to exist. WATCH. The speakers identify a critical product-market gap, but do not name a specific winner. Investors should look for protocols solving on-chain privacy (e.g., ZK-proofs) that can still satisfy regulatory requirements. Privacy coins are often the first target of regulators (delistings); technology is complex and computationally expensive. |
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