> Transparent blockchains, by their very nature, are incompatible with sound money. Fungibility is fragile and cannot survive without privacy. Digital assets that aren’t private by default become tools of control, putting our freedoms at risk. In a world where traceable digital payments are becoming the norm, private digital cash stands as a vital bulwark against the state.

In other words, what #monero folks have been screaming from the rooftops since the beginning.

Indeed, this is essentially why Monero exists.

One would think it's not a hard concept to grasp, but alas..