Great post… great topic !!
Nash pay im certain has a privacy system integrated… Nash like a bank will know where u sent funds but thats it … and not open to the public.
Now… in regards to Coinbase being able to trace what u deposit in to ur Trading/Pay account that is def not cool. and measures need to be taken . (effectively they be able to link ur cbase kyc to what ur nash balances and on it goes)
Nash should be able to add the service of obfuscating the public chain balances of users when deposits are being made from other apps. Practically that would mean your “real” address is never revealed when signing a deposit to a Nash related account.
Id be really keen to hear the response on this !
Banks most certainly do not look in to other banks customers balances… think of the ramifications when we tokenise all stocks bonds commodities and currencies . this information needs to be protected and only known by trusted parties not the general public/competitors/other intermediaries.
it certainly would be a regression in privacy from the current systems.