Privacy coins are not radical; surveillance money is
Money was anonymous for thousands of years until the recent experiment in financial surveillance. Privacy-preserving crypto offers a path back to normalcy.
Opinion by: Carter Feldman, CEO of Psy
For thousands of years, money changed hands in private. A bronze coin passed from merchant to customer, leaving no record of the transaction. No government official knew what you bought or from whom. No bank tracked your spending habits. This wasn’t a bug in the system — it was how money worked.
Even as banking systems developed, privacy remained the default. When you paid for a beer with a banknote issued by an institution like the Bank of England, there was no compulsion for the tavern to perform real ID verification or Know Your Customer (KYC).
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