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A comment on Signal adds a payments feature with a privacy-focused cryptocurrency. Parent comment

Re:Signal adds a payments feature with a privacy-focused cry... by qqii on Tuesday April 06, 2021 @07:32PM (#26718667)
How would that be any more private as every transaction can be deduced by the on/off ramp.
[ Parent | on HN ]
Re:Signal adds a payments feature with a privacy-focused cry... by runeks on Wednesday April 07, 2021 @03:54AM (#26721635)
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.
[ Parent | on HN ]