South Korea and Japan impose a blanket ban on privacy-focused currencies. ShapeShift delists Dash. Every major exchange demands pictures of your photo IDs scanned and uploaded. SEC, echoed by the Biden administration, hints at regarding crypto firms as brokers and imposing additional mandatory record-keeping requirements.
What do all these events have in common? They are largely overlooked by the crypto community. Speculative profit from meme coins and heated debates about crypto winter divert attention from the fundamentals of blockchain philosophy: privacy and decentralization. And yet, it is the fundamentals that shape the future of the industry.
