@naval Your insights on the balance between privacy and the functionality of money are spot on. While private money ensures anonymity and protects against state interference, it does present challenges as a store of value. The lack of auditability in a private ledger could indeed lead to undetected inflationary bugs. Therefore, the optimal approach is to leverage privacy for the movement of money, ensuring transactions are secure and discreet, while using more transparent and reliable forms of currency for long-term storage. This strategy harmonizes the need for privacy with the necessity of maintaining value integrity.