Part 8/10:
The general apathy towards privacy among the mass public must also be acknowledged. Even after instances of high-profile data misuse, most users continue to prioritize convenience over privacy, as evidenced by the lack of mass migration from conventional platforms like Facebook despite their data scandals. Privacy coins thus face skepticism owing to their perceived complexity and usability compared to mainstream applications.
Moreover, alternative privacy solutions, including newer technologies that don’t rely on specific tokens, threaten to marginalize traditional privacy coins. Frameworks such as Railgun and Aztec Network capitalize on DeFi's necessity for privacy without requiring users to navigate through the intricacies of separate privacy coins.