#NavigatingAlpha2.0
Hereโs a short piece on the hidden parts of crypto:
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The Hidden Side of Crypto
While cryptocurrency is often associated with decentralization and transparency, there are hidden aspects that many donโt see. Privacy coins like Monero and Zcash allow for anonymous transactions, while coin mixers obscure transaction trails. In the dark web, crypto enables illicit activities, from ransomware payments to underground marketplaces.
Whale investors secretly manipulate markets through off-exchange (OTC) trades, while some DeFi projects contain hidden backdoors that allow developers to change smart contract rules. Billions in crypto are also locked in lost wallets, and some governments may be secretly holding Bitcoin reserves.๐ค
Beyond the surface, crypto remains a world full of hidden transactions, secretive players..