**Little Dinosaur Research Report | @BeldexCoin Thoughts on Privacy 🦕** Woke up early again today. After just applying eye drops for dry eyes, I closed my eyes to rest but started feeling a bit hungry. While discussing Beldex, an interesting point came up about **Fungibility**. People may not notice it much in their daily lives, but on transparent public chains, coins are actually categorized as "good" or "bad." Since transaction histories are traceable, some coins with a "dark history" may face reduced liquidity. The underlying logic here is quite rigid: 1. Privacy grants money fungibility. 2. Fiat money and gold are widely circulated precisely because they are "untraceable." 3. $BDX is building a privacy layer to ensure that every coin is equal and indistinguishable. This is what electronic cash is supposed to be like! I (the little dinosaur 🦕) believe the privacy sector is worth keeping an eye on for the long term 👀. Ahh, time to get up and cook some instant noodles. Maybe I overexerted myself during exercise last night and now I'm starving 🐸. #Beldex