How do you assess the role of cryptocurrencies in protecting the privacy and confidentiality of financial transactions?

[deucher]

Cryptocurrency is very popular among the younger generation and also many older people invest their funds and they need to be sure that their accounts are safe. How much privacy is cryptocurrency better or worse than other methods and is it better at all?

 

[Riberet19]

Cryptocurrencies have brought privacy back to the table in transactions, something that banks seem to take lightly, especially with the total control they want to have over our money with the arrival of CBDCs, so having cryptocurrencies to Making private transactions will be vital in a few years and even today too.