3. This is like saying we can't fight for self custody or permissionless transactions from the base layer of the protocol.

4. Death by a thousand compromises. We already see this with the trend of normalizing custodians with fedimints.

5. Apparently not enough. Privacy and fungibility problems have been known for at least a decade and the base layer is still completely exposed. Miners can also target and censor individual transactions and addresses because of it.

What do all these below have in common? Heavy emphasis on privacy, untraceability, and anonymity. No resemblance to the Bitcoin we know today.

"Digital Cash & Privacy" 1993 -Hal Finney

"The Case for Privacy" 2005 -David D. Friedman

"Credit With Privity" 1996 -Nick Szabo

"Confidential Auditing" 1998 -Nick Szabo

"Blind Signatures for Untraceable Payments" 1982 -David Chaum

"Untraceable Electronic Mail, Return Addresses, and Digital Pseudonyms" 1988 -David Chaum

"The Dining Cryptographers Problem: Unconditional Sender and Recipient Untraceability" 1988 -David Chaum

"The Crypto Anarchist Manifesto" 1988 -Timothy C. May

"The Cyphernomicon" 1994 -Timothy C. May

"Proofs that Yield Nothing But Their Validity or All Languages in NP Have Zero-Knowledge Proof Systems" 1991 -Oded Goldreich, Silvio Micali, and Avi Wigderson

"Online Cash Checks" 1989 -David Chaum

"On Digital Cash-Like Payment Systems" 2005 -Daniel A. Nagy

"Secrecy, Authentication, and Public Key Systems" 1979 -Ralph C. Merkle

https://nakamotoinstitute.org/literature/

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