diff --git a/src/qt/bitcoingui.cpp b/src/qt/bitcoingui.cpp
index 2090c233a..6192013e5 100644
--- a/src/qt/bitcoingui.cpp
+++ b/src/qt/bitcoingui.cpp
@@ -354,6 +354,11 @@ void BitcoinGUI::createActions()
     showHelpMessageAction->setMenuRole(QAction::NoRole);
     showHelpMessageAction->setStatusTip(tr("Show the %1 help message to get a list with possible Bitcoin command-line options").arg(PACKAGE_NAME));
 
+    m_mask_values_action = new QAction(tr("&Mask values"), this);
+    m_mask_values_action->setShortcut(QKeySequence(Qt::CTRL + Qt::SHIFT + Qt::Key_M));
+    m_mask_values_action->setStatusTip(tr("Mask the values in the Overview tab"));
+    m_mask_values_action->setCheckable(true);
+
     connect(quitAction, &QAction::triggered, qApp, QApplication::quit);
     connect(aboutAction, &QAction::triggered, this, &BitcoinGUI::aboutClicked);
     connect(aboutQtAction, &QAction::triggered, qApp, QApplication::aboutQt);
@@ -416,6 +421,8 @@ void BitcoinGUI::createActions()
             connect(activity, &CreateWalletActivity::finished, activity, &QObject::deleteLater);
             activity->create();
         });
+
+        connect(m_mask_values_action, &QAction::toggled, this, &BitcoinGUI::setPrivacy);
     }
 #endif // ENABLE_WALLET
 
@@ -456,6 +463,8 @@ void BitcoinGUI::createMenuBar()
         settings->addAction(encryptWalletAction);
         settings->addAction(changePassphraseAction);
         settings->addSeparator();
+        settings->addAction(m_mask_values_action);
+        settings->addSeparator();
     }
     settings->addAction(optionsAction);
 
@@ -1414,6 +1423,12 @@ void BitcoinGUI::unsubscribeFromCoreSignals()
     m_handler_question->disconnect();
 }
 
+bool BitcoinGUI::isPrivacyModeActivated() const
+{
+    assert(m_mask_values_action);
+    return m_mask_values_action->isChecked();
+}
+
 UnitDisplayStatusBarControl::UnitDisplayStatusBarControl(const PlatformStyle *platformStyle) :
     optionsModel(nullptr),
     menu(nullptr)
diff --git a/src/qt/bitcoingui.h b/src/qt/bitcoingui.h
index 82a2db9ba..c0198dd16 100644
--- a/src/qt/bitcoingui.h
+++ b/src/qt/bitcoingui.h
@@ -99,6 +99,8 @@ public:
     /** Disconnect core signals from GUI client */
     void unsubscribeFromCoreSignals();
 
+    bool isPrivacyModeActivated() const;
+
 protected:
     void changeEvent(QEvent *e) override;
     void closeEvent(QCloseEvent *event) override;
@@ -155,6 +157,7 @@ private:
     QAction* m_close_wallet_action{nullptr};
     QAction* m_wallet_selector_label_action = nullptr;
     QAction* m_wallet_selector_action = nullptr;
+    QAction* m_mask_values_action{nullptr};
 
     QLabel *m_wallet_selector_label = nullptr;
     QComboBox* m_wallet_selector = nullptr;
@@ -207,6 +210,7 @@ Q_SIGNALS:
     void receivedURI(const QString &uri);
     /** Signal raised when RPC console shown */
     void consoleShown(RPCConsole* console);
+    void setPrivacy(bool privacy);
 
 public Q_SLOTS:
     /** Set number of connections shown in the UI */
diff --git a/src/qt/bitcoinunits.cpp b/src/qt/bitcoinunits.cpp
index d9711af12..318a6dcbf 100644
--- a/src/qt/bitcoinunits.cpp
+++ b/src/qt/bitcoinunits.cpp
@@ -6,6 +6,8 @@
 
 #include <QStringList>
 
+#include <cassert>
+
 BitcoinUnits::BitcoinUnits(QObject *parent):
         QAbstractListModel(parent),
         unitlist(availableUnits())
@@ -94,7 +96,7 @@ int BitcoinUnits::decimals(int unit)
     }
 }
 
-QString BitcoinUnits::format(int unit, const CAmount& nIn, bool fPlus, SeparatorStyle separators)
+QString BitcoinUnits::format(int unit, const CAmount& nIn, bool fPlus, SeparatorStyle separators, bool justify)
 {
     // Note: not using straight sprintf here because we do NOT want
     // localized number formatting.
@@ -106,6 +108,7 @@ QString BitcoinUnits::format(int unit, const CAmount& nIn, bool fPlus, Separator
     qint64 n_abs = (n > 0 ? n : -n);
     qint64 quotient = n_abs / coin;
     QString quotient_str = QString::number(quotient);
+    if (justify) quotient_str = quotient_str.rightJustified(16 - num_decimals, ' ');
 
     // Use SI-style thin space separators as these are locale independent and can't be
     // confused with the decimal marker.
@@ -150,6 +153,17 @@ QString BitcoinUnits::formatHtmlWithUnit(int unit, const CAmount& amount, bool p
     return QString("<span style='white-space: nowrap;'>%1</span>").arg(str);
 }
 
+QString BitcoinUnits::formatWithPrivacy(int unit, const CAmount& amount, SeparatorStyle separators, bool privacy)
+{
+    assert(amount >= 0);
+    QString value;
+    if (privacy) {
+        value = format(unit, 0, false, separators, true).replace('0', '#');
+    } else {
+        value = format(unit, amount, false, separators, true);
+    }
+    return value + QString(" ") + shortName(unit);
+}
 
 bool BitcoinUnits::parse(int unit, const QString &value, CAmount *val_out)
 {
diff --git a/src/qt/bitcoinunits.h b/src/qt/bitcoinunits.h
index 1ff470211..dac548439 100644
--- a/src/qt/bitcoinunits.h
+++ b/src/qt/bitcoinunits.h
@@ -72,11 +72,13 @@ public:
     //! Number of decimals left
     static int decimals(int unit);
     //! Format as string
-    static QString format(int unit, const CAmount& amount, bool plussign=false, SeparatorStyle separators=separatorStandard);
+    static QString format(int unit, const CAmount& amount, bool plussign = false, SeparatorStyle separators = separatorStandard, bool justify = false);
     //! Format as string (with unit)
     static QString formatWithUnit(int unit, const CAmount& amount, bool plussign=false, SeparatorStyle separators=separatorStandard);
     //! Format as HTML string (with unit)
     static QString formatHtmlWithUnit(int unit, const CAmount& amount, bool plussign=false, SeparatorStyle separators=separatorStandard);
+    //! Format as string (with unit) of fixed length to preserve privacy, if it is set.
+    static QString formatWithPrivacy(int unit, const CAmount& amount, SeparatorStyle separators, bool privacy);
     //! Parse string to coin amount
     static bool parse(int unit, const QString &value, CAmount *val_out);
     //! Gets title for amount column including current display unit if optionsModel reference available */
diff --git a/src/qt/forms/overviewpage.ui b/src/qt/forms/overviewpage.ui
index 710801ee9..4d3f90c48 100644
--- a/src/qt/forms/overviewpage.ui
+++ b/src/qt/forms/overviewpage.ui
@@ -6,8 +6,8 @@
    <rect>
     <x>0</x>
     <y>0</y>
-    <width>596</width>
-    <height>342</height>
+    <width>798</width>
+    <height>318</height>
    </rect>
   </property>
   <property name="windowTitle">
@@ -118,6 +118,7 @@
              <widget class="QLabel" name="labelWatchPending">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -129,7 +130,7 @@
                <string>Unconfirmed transactions to watch-only addresses</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">0.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -143,6 +144,7 @@
              <widget class="QLabel" name="labelUnconfirmed">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -154,7 +156,7 @@
                <string>Total of transactions that have yet to be confirmed, and do not yet count toward the spendable balance</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">0.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -168,6 +170,7 @@
              <widget class="QLabel" name="labelWatchImmature">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -179,7 +182,7 @@
                <string>Mined balance in watch-only addresses that has not yet matured</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">0.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -226,6 +229,7 @@
              <widget class="QLabel" name="labelImmature">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -237,7 +241,7 @@
                <string>Mined balance that has not yet matured</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">0.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -271,6 +275,7 @@
              <widget class="QLabel" name="labelTotal">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -282,7 +287,7 @@
                <string>Your current total balance</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">21 000 000.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -296,6 +301,7 @@
              <widget class="QLabel" name="labelWatchTotal">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -307,7 +313,7 @@
                <string>Current total balance in watch-only addresses</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">21 000 000.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -338,6 +344,7 @@
              <widget class="QLabel" name="labelBalance">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -349,7 +356,7 @@
                <string>Your current spendable balance</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">21 000 000.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
@@ -363,6 +370,7 @@
              <widget class="QLabel" name="labelWatchAvailable">
               <property name="font">
                <font>
+                <family>Monospace</family>
                 <weight>75</weight>
                 <bold>true</bold>
                </font>
@@ -374,7 +382,7 @@
                <string>Your current balance in watch-only addresses</string>
               </property>
               <property name="text">
-               <string notr="true">0.000 000 00 BTC</string>
+               <string notr="true">21 000 000.00000000 BTC</string>
               </property>
               <property name="alignment">
                <set>Qt::AlignRight|Qt::AlignTrailing|Qt::AlignVCenter</set>
diff --git a/src/qt/overviewpage.cpp b/src/qt/overviewpage.cpp
index e20ec229f..0af70f273 100644
--- a/src/qt/overviewpage.cpp
+++ b/src/qt/overviewpage.cpp
@@ -16,7 +16,9 @@
 #include <qt/walletmodel.h>
 
 #include <QAbstractItemDelegate>
+#include <QApplication>
 #include <QPainter>
+#include <QStatusTipEvent>
 
 #define DECORATION_SIZE 54
 #define NUM_ITEMS 5
@@ -152,6 +154,21 @@ void OverviewPage::handleOutOfSyncWarningClicks()
     Q_EMIT outOfSyncWarningClicked();
 }
 
+void OverviewPage::setPrivacy(bool privacy)
+{
+    m_privacy = privacy;
+    if (m_balances.balance != -1) {
+        setBalance(m_balances);
+    }
+
+    ui->listTransactions->setVisible(!m_privacy);
+
+    const QString status_tip = m_privacy ? tr("Privacy mode activated for the Overview tab. To unmask the values, uncheck Settings->Mask values.") : "";
+    setStatusTip(status_tip);
+    QStatusTipEvent event(status_tip);
+    QApplication::sendEvent(this, &event);
+}
+
 OverviewPage::~OverviewPage()
 {
     delete ui;
@@ -163,25 +180,25 @@ void OverviewPage::setBalance(const interfaces::WalletBalances& balances)
     m_balances = balances;
     if (walletModel->wallet().isLegacy()) {
         if (walletModel->wallet().privateKeysDisabled()) {
-            ui->labelBalance->setText(BitcoinUnits::formatWithUnit(unit, balances.watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelUnconfirmed->setText(BitcoinUnits::formatWithUnit(unit, balances.unconfirmed_watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelImmature->setText(BitcoinUnits::formatWithUnit(unit, balances.immature_watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelTotal->setText(BitcoinUnits::formatWithUnit(unit, balances.watch_only_balance + balances.unconfirmed_watch_only_balance + balances.immature_watch_only_balance, false, BitcoinUnits::separatorAlways));
+            ui->labelBalance->setText(BitcoinUnits::formatWithPrivacy(unit, balances.watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelUnconfirmed->setText(BitcoinUnits::formatWithPrivacy(unit, balances.unconfirmed_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelImmature->setText(BitcoinUnits::formatWithPrivacy(unit, balances.immature_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelTotal->setText(BitcoinUnits::formatWithPrivacy(unit, balances.watch_only_balance + balances.unconfirmed_watch_only_balance + balances.immature_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
         } else {
-            ui->labelBalance->setText(BitcoinUnits::formatWithUnit(unit, balances.balance, false, BitcoinUnits::separatorAlways));
-            ui->labelUnconfirmed->setText(BitcoinUnits::formatWithUnit(unit, balances.unconfirmed_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelImmature->setText(BitcoinUnits::formatWithUnit(unit, balances.immature_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelTotal->setText(BitcoinUnits::formatWithUnit(unit, balances.balance + balances.unconfirmed_balance + balances.immature_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelWatchAvailable->setText(BitcoinUnits::formatWithUnit(unit, balances.watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelWatchPending->setText(BitcoinUnits::formatWithUnit(unit, balances.unconfirmed_watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelWatchImmature->setText(BitcoinUnits::formatWithUnit(unit, balances.immature_watch_only_balance, false, BitcoinUnits::separatorAlways));
-            ui->labelWatchTotal->setText(BitcoinUnits::formatWithUnit(unit, balances.watch_only_balance + balances.unconfirmed_watch_only_balance + balances.immature_watch_only_balance, false, BitcoinUnits::separatorAlways));
+            ui->labelBalance->setText(BitcoinUnits::formatWithPrivacy(unit, balances.balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelUnconfirmed->setText(BitcoinUnits::formatWithPrivacy(unit, balances.unconfirmed_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelImmature->setText(BitcoinUnits::formatWithPrivacy(unit, balances.immature_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelTotal->setText(BitcoinUnits::formatWithPrivacy(unit, balances.balance + balances.unconfirmed_balance + balances.immature_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelWatchAvailable->setText(BitcoinUnits::formatWithPrivacy(unit, balances.watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelWatchPending->setText(BitcoinUnits::formatWithPrivacy(unit, balances.unconfirmed_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelWatchImmature->setText(BitcoinUnits::formatWithPrivacy(unit, balances.immature_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
+            ui->labelWatchTotal->setText(BitcoinUnits::formatWithPrivacy(unit, balances.watch_only_balance + balances.unconfirmed_watch_only_balance + balances.immature_watch_only_balance, BitcoinUnits::separatorAlways, m_privacy));
         }
     } else {
-        ui->labelBalance->setText(BitcoinUnits::formatWithUnit(unit, balances.balance, false, BitcoinUnits::separatorAlways));
-        ui->labelUnconfirmed->setText(BitcoinUnits::formatWithUnit(unit, balances.unconfirmed_balance, false, BitcoinUnits::separatorAlways));
-        ui->labelImmature->setText(BitcoinUnits::formatWithUnit(unit, balances.immature_balance, false, BitcoinUnits::separatorAlways));
-        ui->labelTotal->setText(BitcoinUnits::formatWithUnit(unit, balances.balance + balances.unconfirmed_balance + balances.immature_balance, false, BitcoinUnits::separatorAlways));
+        ui->labelBalance->setText(BitcoinUnits::formatWithPrivacy(unit, balances.balance, BitcoinUnits::separatorAlways, m_privacy));
+        ui->labelUnconfirmed->setText(BitcoinUnits::formatWithPrivacy(unit, balances.unconfirmed_balance, BitcoinUnits::separatorAlways, m_privacy));
+        ui->labelImmature->setText(BitcoinUnits::formatWithPrivacy(unit, balances.immature_balance, BitcoinUnits::separatorAlways, m_privacy));
+        ui->labelTotal->setText(BitcoinUnits::formatWithPrivacy(unit, balances.balance + balances.unconfirmed_balance + balances.immature_balance, BitcoinUnits::separatorAlways, m_privacy));
     }
     // only show immature (newly mined) balance if it's non-zero, so as not to complicate things
     // for the non-mining users
diff --git a/src/qt/overviewpage.h b/src/qt/overviewpage.h
index 00ba7ad4c..4cf673b6a 100644
--- a/src/qt/overviewpage.h
+++ b/src/qt/overviewpage.h
@@ -39,6 +39,7 @@ public:
 
 public Q_SLOTS:
     void setBalance(const interfaces::WalletBalances& balances);
+    void setPrivacy(bool privacy);
 
 Q_SIGNALS:
     void transactionClicked(const QModelIndex &index);
@@ -49,6 +50,7 @@ private:
     ClientModel *clientModel;
     WalletModel *walletModel;
     interfaces::WalletBalances m_balances;
+    bool m_privacy{false};
 
     TxViewDelegate *txdelegate;
     std::unique_ptr<TransactionFilterProxy> filter;
diff --git a/src/qt/test/wallettests.cpp b/src/qt/test/wallettests.cpp
index 2ee9ae0d8..31feca325 100644
--- a/src/qt/test/wallettests.cpp
+++ b/src/qt/test/wallettests.cpp
@@ -201,7 +201,7 @@ void TestGUI(interfaces::Node& node)
     OverviewPage overviewPage(platformStyle.get());
     overviewPage.setWalletModel(&walletModel);
     QLabel* balanceLabel = overviewPage.findChild<QLabel*>("labelBalance");
-    QString balanceText = balanceLabel->text();
+    QString balanceText = balanceLabel->text().trimmed();
     int unit = walletModel.getOptionsModel()->getDisplayUnit();
     CAmount balance = walletModel.wallet().getBalance();
     QString balanceComparison = BitcoinUnits::formatWithUnit(unit, balance, false, BitcoinUnits::separatorAlways);
diff --git a/src/qt/walletframe.cpp b/src/qt/walletframe.cpp
index 02a9583ae..5e68ee4f9 100644
--- a/src/qt/walletframe.cpp
+++ b/src/qt/walletframe.cpp
@@ -53,6 +53,7 @@ bool WalletFrame::addWallet(WalletModel *walletModel)
     walletView->setClientModel(clientModel);
     walletView->setWalletModel(walletModel);
     walletView->showOutOfSyncWarning(bOutOfSync);
+    walletView->setPrivacy(gui->isPrivacyModeActivated());
 
     WalletView* current_wallet_view = currentWalletView();
     if (current_wallet_view) {
@@ -73,6 +74,7 @@ bool WalletFrame::addWallet(WalletModel *walletModel)
     connect(walletView, &WalletView::encryptionStatusChanged, gui, &BitcoinGUI::updateWalletStatus);
     connect(walletView, &WalletView::incomingTransaction, gui, &BitcoinGUI::incomingTransaction);
     connect(walletView, &WalletView::hdEnabledStatusChanged, gui, &BitcoinGUI::updateWalletStatus);
+    connect(gui, &BitcoinGUI::setPrivacy, walletView, &WalletView::setPrivacy);
 
     return true;
 }
diff --git a/src/qt/walletview.cpp b/src/qt/walletview.cpp
index c4e607990..66fbf978b 100644
--- a/src/qt/walletview.cpp
+++ b/src/qt/walletview.cpp
@@ -85,6 +85,8 @@ WalletView::WalletView(const PlatformStyle *_platformStyle, QWidget *parent):
     connect(sendCoinsPage, &SendCoinsDialog::message, this, &WalletView::message);
     // Pass through messages from transactionView
     connect(transactionView, &TransactionView::message, this, &WalletView::message);
+
+    connect(this, &WalletView::setPrivacy, overviewPage, &OverviewPage::setPrivacy);
 }
 
 WalletView::~WalletView()
diff --git a/src/qt/walletview.h b/src/qt/walletview.h
index 11f894e7f..fd09456ba 100644
--- a/src/qt/walletview.h
+++ b/src/qt/walletview.h
@@ -115,6 +115,7 @@ public Q_SLOTS:
     void requestedSyncWarningInfo();
 
 Q_SIGNALS:
+    void setPrivacy(bool privacy);
     void transactionClicked();
     void coinsSent();
     /**  Fired when a message should be reported to the user */