Thanks for commenting with the links. Will do some reading.
1 wallet for Savings
1 wallet for transactions
only send full UTXOs in order to break blockchain heuristics
Here is a great article on the topic from my favourite wallet Sparrow Wallet: https://sparrowwallet.com/docs/spending-privately.html
Discussion
no problem. only good intentions here and trying to promote my point that Bitcoin is private. its us who make it not private lol
Nostr is anonymous too, unless you paste your npub somewhere where its associated to your real identity or dont protect your ip address.
Yeh pseudo anonymous.
I am only an anon because I do not want to reveal my identity and btc bags to people I transact with.
Am sure some very nosey onchain analyst has worked out my stack already lol.
I would love to just be myself online. But I risk revealing my stack so I don’t.
Maybe. If you do everything by the book, even the nosey on-chain analysist cant figure out shit about you.
Not trying to be contentious, but Bitcoin can't be private it's a public blockchain viewable by the world. Only psuedonymous (user unknown, actions known) if bought and transacting p2p/NoKYC.
You can coinjoin to make your actions probabilistic, but that is obfuscation, not privacy (all information is known, data is "muddied", but not hidden). Similar to leaking metadata. Can be saved and potentially used with future data to deanonymize the user or deobfuscate the data.
Yeh that’s what I thought. But you could have a Monero style trustless sidechain if btc would implement bip 300.
Yes agree, it is possible, and if bip 300 goes thru I'm sure will happen. But it will have it's own unique trade offs that won't be the same as Monero's (both good and bad).
I am seeing lot of chat on twitter between btc core devs debating it. I think it’s in the realm of possibility that it gets pushed forward.
its one thing if the devs do it or not, a whole other thing if node operators follow or not. There could be a temporary chain split, and the stronger one will win out and be called Bitcoin.
Im sorry I used the wrong word. Private was the wrong word. Anonymous is what I should have wrote. Bitcoin is anonymous by default. It is us who de-anonymyze ourselves through our careless usage of the internet.