Kevin Pan: Privacy is Bitcoin’s Biggest Issue Right Now

If there’s one thing we can all agree on, it’s that bitcoin and the crypto industry probably need to up the ante on their privacy protocols. While blockchain is typically more secure than other forms of digital finance technology, we are often hearing stories about exchange hacks and malicious actors that seek to get their fingers on digital funds that just don’t belong to them.

Bitcoin Privacy Needs to Be Upped

Kevin Pan, the CEO of Poolin (one of the top three bitcoin mining pools in the space), alleges that privacy should be bitcoin’s biggest concern at this time. He also says that the government’s approach to crypto regulation and transactions could potentially lead to further problems down the line granted people aren’t careful. He explains:

The real problem with bitcoin may be privacy. There is no other big question if the privacy issue is solved. What is more troublesome now is if government or law enforcement departments begin to create a blacklist of transaction…