Privacy: The Core "Moat" of Cryptocurrency's Future [Plain Language Explanation] Will privacy be the ultimate moat for cryptocurrencies? In an interview, A16Z partner Ali Yahya points out that as performance becomes increasingly commoditized, the "lock-in effect" brought about by privacy will reshape the competitive landscape. Because the risk of migrating secrets is far higher than that of assets, privacy chains will generate extremely strong network effects, leading to a winner-takes-all scenario. This is an inevitable path for finance to become mainstream and a necessity in the AI era. For details, please see: hellobtc.com/kp/du/01/6217.htm...…