2022 – Can a lesson in the bimetallic system contribute to the long-term stability of bitcoin and privacy coins? via Cointelegraph


Could a bimetallic lesson contribute to the long-term stability of bitcoin and privacy coins?

The cryptocurrency market has been in a downtrend since late 2021. In early May 2022, it culminated in a recession that hit the traditional markets just as hard. The recent recession has removed some speculation from the market. But the shock is different than it was in the past. There are still many more active users using the network than we’ve seen in previous cycles. More companions and true believers reached the other side. However, as this increases over time, one of the concerns some have about Bitcoin is:Bitcoin) may affect its adoption. There is an economic incentive, not just a benefit, that privacy coins can offer as a solution.

At different points in the first half of 2022, both in Crypto Market Rising And the Huge mountains of trashPrivacy coins like Monero (XMR), (Haven) and Zcash (ZECIt has performed relatively well against other currencies. Does this mean that there is a file Primary demand for encryption privacy concern?

Michael Tabon He is an economist at Cointelegraph Research. A Ph.D. As a candidate, engineer, economist and corporate strategist, he also provides strategic advice to companies focused on the DeFi and blockchain space. Michael has co-authored numerous reports for Cointelegraph Research and written a quarterly report on venture capitalists to be published on the Cointelegraph Research Terminal. Ph.D. The thesis deals with DAOs and their practical applications in the business world.

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