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This post about privacy coins is recommended for everyone to bookmark. During a bear market, it can be used as a reference for bottom-fishing.
Due to the transparency on the Bitcoin blockchain, it is no longer suitable as a means for illegal money transactions.
The US Department of Justice seizing such a large amount of Bitcoin will give rise to another demand: privacy coins that completely hide on-chain transaction records.
As centralized authorities tighten regulations and crack down on Bitcoin, the demand for privacy coins will persist in the long term.
In the next bull market, I will focus on privacy coins. #Gate广场创作者新春激励