Vitalik Buterin emphasizes Ethereum's need to enhance privacy features for real-world financial use cases.
Countries like Norway and Sweden are reverting to cash due to concerns over centralized systems' fragility.
Buterin suggests incorporating privacy features directly into Ethereum, such as Railgun and Privacy Pools, to ensure transactions from shielded balances by default.
This proposal aims to make on-chain payments private, anonymize network activity, protect data reading from the chain, and improve consensus through Verifiable Delay Functions.