How would that be any more private as every transaction can be deduced by the on... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		qqii on April 6, 2021 \| parent \| context \| favorite \| on: Signal adds a payments feature with a privacy-focu... How would that be any more private as every transaction can be deduced by the on/off ramp.

runeks on April 7, 2021 [–]

Exactly. Inside MobileCoin, transaction amounts are disguised. But if every MobileCoin transaction is preceded and succeeded by conversion into national currency at a centralized exchange (to whom you are not anonymous) then using MobileCoin becomes completely pointless.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact