[Omniscient]

Will Biden's regulations and the Russia/Ukraine war cause massive spikes in prices for privacy based crypto?

Today that's what is moving up in big percentages.

[CryptoExchanger]

Crazy price increases today with Monero and zCash

[MaxiPads889]

I think regardless of what's happening with the executive order the previous ~month have shown a massive need for untraceable capital.

First Canada, now Ukraine. We'll see a lot of richer folk from a lot of countries parking some emergency money in untraceable currency.

There's not enough liquidity for a full exit, but enough to park $50M there if needed

[ep1capple]

Russian oligarchs parking their funds somewhere untraceable and untouched by economic sanctions? just a wild guess 😁

[Omniscient]

Russian oligarchs parking their funds somewhere untraceable and untouched by economic sanctions? just a wild guess 😁

That's absolutely the best possibility. Moving in and out of accounts associated with Russia probably. Once you get a privacy coin you have so much more freedom and can on-ramp to Bitcoin easier. Some pretty big movements.

[Bullup]

Privacy coins will get bigger and bigger, don't forget that Bitcoin was once considered to be a form of privacy funds back in the day which is why the idea of cryptos originally took off.

[noname12345]

too bad secret didnt pump. thats my only privacy coin i hold

[SIM-5049184]

I say it all the time i will say it again; the government has no business in your crypto activity as long as you aren’t selling to a government mandated exchange! Your right to privacy on chain is guaranteed by these coins and the services that revolve around them :)

[Blockonome]

I like what I see, not something I have invested in personally, but I have thought about it.