4 Reasons Privacy Coins Haven't Taken Off

4 Reasons Privacy Coins Haven't Taken Off
The “Cypherpunk’s Manifesto” begins, “Privacy is necessary for an open society in the electronic age.” But privacy coins – cryptocurrencies with strong privacy features—have failed to take off. Monero and zcash are both worth less today than what they were worth in 2018. In comparison, ether (ETH) is worth more than twice its 2018 high.Haseeb Qureshi is a managing partner at Dragonfly Capital, a cross-border crypto venture fund. This article is part of CoinDesk’s Privacy Week series.That’s just price, but the adoption metrics haven’t fared much better. Even on darknet markets, where you’d expect privacy coins to thrive, bitcoin (BTC)…