Bitcoinย (BTC) Account Celebrates Lack of Privacy
On September 6, one of the core Bitcoinย (BTC) accounts on X (formerly Twitter) surprised its followers by celebrating Bitcoinโs lack of privacy. This came at a time when centralized exchanges were delisting privacy coins due to regulatory compliance concerns. The account responded to a post that predicted the outlawing and delisting of privacy coins, stating that Bitcoinย (BTC) didnโt have to worry about it.
Interestingly, the owner of this Bitcoinย (BTC) account has not yet responded to any comments or addressed the matter again.
Privacy Coins Delisted on Binance
Binance recently announced that it would be delisting Monero (XMR), MobileCoin (MOB), Firo (FIRO), and Horizen (ZEN) in Belgium by September 21. This comesย after a series of previous delistings of privacy coins on Binance and other centralized exchanges. According to a supposed email from the Binance team, residents of Belgium will no longer be able to purchase or trade these privacy coins on the platform.
This is not the first time that privacy coins have been removed from exchanges for regulatory compliance reasons. In August, the Bitcoinย (BTC) community was questioned by privacy advocates when the Samourai Wallet announced a Monero-based feature to strengthen privacy.
Hot Take: The Bitcoinย (BTC) Twitter Account Sparks Controversy with Lack of Privacy Celebration
The recent celebration of Bitcoinโs lack of privacy by a core Bitcoinย (BTC) account on X has caused uproar between cryptocurrency enthusiasts. This comes at a time when privacy coins are facing delistings on centralized exchanges due to regulatory requirements. The incident raises questions about the importance of privacy in the digitalย currency space and theย capacity implications for Bitcoinโs reputation. As the debate continues, it remains to be seen how the cryptocurrency community will respond to this controversial statement and its impact on futureย ofย the privacy in the industry.
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