Top Privacy Crypto Coins For 2021

by PrepperGrizzTeam
August 31, 2021August 31, 2021

Top Privacy Crypto Coins For 2021

Crypto Ananymity Will Be More Important As Big Brother Cracks Down

Best Privacy Coins 2021: The Hottest Privacy Cryptocurrencies 2021

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Apr 21, 2021

645 subscribers

Most people believe that Bitcoin and other cryptocurrencies are private and anonymous. Not surprising given the propaganda from the banks and government telling us that’s why they’re so evil. Unfortunately, that’s not entirely true, but there is a fix. Today on Renegade News learn why crypto isn’t as private as they tell you it is. And how these cryptocurrency privacy coins can help. Discover more about privacy coins like Pirate Chain and Monero in this introductory-level video. 👇👇👇👇👇👇 Discover the Secrets to Finding More Personal, Financial, and Location Independence Starting Today ******************************** http://bit.ly/newwfmtax 👇👇👇👇👇👇 Watch This Video Next ******************************** 🔥https://www.tubebuddy.com/quicknav/mo… Listen to the playlist at Work ******************************** 🔥 https://www.youtube.com/playlist?list… 👇👇👇👇👇👇 You’re Watching Renegade News where you’ll get all the information you need to break free from the conventional 9 – 5 life and systems, legally pay less tax, and live anywhere in the world you want. New Videos every week. Thanks for stopping by and if you have any questions about Cryptocurrency, Bitcoin, Panama, location independence, offshore banking, offshore business, or breaking free from the system (banking, corporate, government), paying less tax, or living anywhere in the world you want… Or if you want me to cover a specific topic, just let me know in the comments section below.

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Top Privacy Crypto Coins For 2021

Top Privacy Crypto Coins For 2021

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FULL VIDEO TRANSCRIPT

00:00

obviously as a free-thinking and

00:02

liberty-minded entrepreneur i think that

00:05

privacy

00:05

is completely vital like i mean it’s

00:08

none of your damn business where i spend

00:10

my own damn money

00:12

well the privacy coin is a type of

00:14

cryptocurrency that disguises everything

00:15

about your buying and your selling

00:17

history

00:18

i’ll get into what that means and why

00:20

it’s important in just a second but

00:21

essentially

00:22

these privacy coins make it impossible

00:24

to track the transaction history

00:26

of a coin or to know what money is

00:30

in any particular wallet so right now

00:32

there are two privacy coins that own the

00:33

market and we’re going to get into

00:35

all of that today on renegade news

00:42

i’m glad kowalski from renegade news

00:43

where it’s our mission to help you

00:45

break free from the system pay less tax

00:48

and live

00:48

anywhere in the world that you want so

00:50

go right now and smash that subscribe

00:52

and that notification button and let’s

00:53

get right into it

00:54

most people think that bitcoin and other

00:57

cryptocurrencies are anonymous

00:59

and that’s one of the lame ass excuses

01:01

that the government and the bankers

01:03

and the media are using to scare people

01:05

about how evil cryptocurrencies are

01:07

oh my god bitcoin is used by drug

01:09

dealers and money launderers

01:11

that means that yes a person’s real

01:13

identity is not attached to their wallet

01:15

but all of the transactions made within

01:18

that wallet and in fact any of the

01:19

transactions that are made with any of

01:21

the crypto in the wallet

01:22

they’re all completely trackable so it’s

01:25

really easy to find out how much money

01:26

is in a wallet

01:27

and it’s really easy to find out what

01:29

any of that crypto in the wallet has

01:31

been used for

01:31

at any time in the past so if anyone

01:33

knows or finds out about any transaction

01:35

that you make with that wallet they can

01:37

tie you back to the wallet

01:38

and boom all your privacy disappears in

01:41

a flash

01:42

which incidentally is why the drug

01:44

dealers that everyone accuses of using

01:45

bitcoin

01:46

really prefer to use fiat dollars

01:48

they’re tougher to track

01:50

anyway privacy coins have solved that

01:52

fatal flaw and have made cryptocurrency

01:55

the wallets and the transactions

01:57

completely private

01:58

well maintaining all the benefits of

02:00

safe crypto transactions

02:02

right now there’s two privacy coins that

02:04

are shining really above all the others

02:06

and that’s more narrow and private

02:08

monero launched in 2014 and it’s

02:10

probably the better known of the two

02:12

it uses what it calls ring signature to

02:14

hide or cloak both the sender

02:16

and the recipient of any transaction so

02:18

what that means is that when a

02:19

transaction starts a group of different

02:21

signers validate the transaction

02:23

so that the sender’s identity remains

02:25

private

02:26

you can kind of think of it like buying

02:28

a gift for a coworker then but then but

02:29

then having everyone in the office sign

02:31

the card

02:31

so the recipient doesn’t know who it was

02:34

from

02:35

unless you tell them with monero it

02:37

works the same way if you send someone

02:38

monero they don’t know who it’s from

02:40

unless you tell them

02:42

so there are no traces left along the

02:44

way monero works by creating a one-time

02:46

spend key that only the recipient wallet

02:48

can detect

02:49

so therefore the recipient is the only

02:51

one who could spend that

02:52

monero stealth addresses are used so the

02:55

recipient

02:56

isn’t connected to the transaction in

02:57

any way but the miners can still verify

03:00

that the transaction happened

03:02

and that it was completely valid the

03:03

other big player in the privacy space is

03:06

pirate coin which hilariously has a

03:09

stock symbol of err pirate shane was

03:12

created in 2018 and uses

03:14

what’s called zk snarks to 100 tied

03:18

the peer-to-peer transaction their

03:21

process uses a delayed proof

03:23

of work concept to eliminate double

03:25

spending personally i like pirate a lot

03:27

more i like better than monero

03:29

because it also safeguards against 51

03:31

attacks by using the bitcoin blockchain

03:33

as a backup and i’m a big bitcoin fan

03:35

but that way if hackers

03:37

want to attack pirate they need to

03:38

attack bitcoin first

03:40

and that is virtually impossible to do

03:42

since pirate chain uses the block

03:44

explorer

03:45

anyone can see the transactions but they

03:48

can’t see who the sender or the

03:49

recipient are or their addresses

03:51

so they can’t connect them to any

03:53

particular wallet it also protects

03:55

against any information about the

03:56

transaction from being leaked out

03:59

privacy coins have all the advantages of

04:00

the blockchain like being able to send

04:02

or receive from

04:03

anywhere in the world that you want they

04:05

are also a store of value against all

04:07

the fiat money printing and other

04:08

monetary policy disasters that are on

04:10

the horizon due to the pandemic

04:12

and other money printing policies plus

04:15

they did

04:16

deliver an advantage of real privacy

04:19

and this is vital because while privacy

04:21

should be a basic human right

04:24

it’s been stolen by the banks and the

04:26

one percent elite and they don’t want to

04:28

give it back

04:29

but privacy is vital if we ever want to

04:31

find real freedom in liberty

04:33

so for more information on investing and

04:35

profiting from cryptocurrencies and in

04:37

privacy in general

04:38

and for how you can use cryptocurrencies

04:41

to find more freedom and liberty in your

04:43

own life

04:44

click the video that you see on the

04:45

screen right now and don’t forget to

04:47

follow renegade news to discover all the

04:49

latest infringements

04:50

and wins in your pursuit of more freedom

04:53

and liberty

04:54

in this unfree world