Whats The Issue With Privacy Coins? Are They Really That Private?

I heard Mr. Mcafee talk at a seminar about the state of Crypto and his main objective was to get people to listen to the aspects of Privacy Coins. I've heard a lot about Monero and Bytecoin (bytecoin being the father of privacy coins) it supposedly tote three ring signature like some kind of onion transaction and the developers say it cannot be cracked or traced. As far as you ask me this is also another revelation of Crypto currency as the market pushing new projects just keeps getting better and better. For anonymity in Crypto we must remember that the market has people that don't want to be tracked and I fully understands this. Their is per say no question that this would come about it kind of seems like a no brainier. Where this section of the market will go who knows but one thing is for sure Monero isn't going anywhere and cryptography has proved itself again. This is why the money we hold is constantly becoming more and more worthless just for the fact that these new monetary technologies keep offering us little birth marks that won't leave (anytime soon I hope) and deliver as the test of time proves these technologies to be viable. @durianwalker.

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