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Replying to Avatar Vikingo

Can anyone give me any reasons as to why it is bad to consolidate other than privacy reasons? Even if privacy is a concern you can just send some to Lightning or another wallet and mix. I don’t see the issue with consolidating. If one does not consolidate tiny UXTO you might be completely fucked in a very high fee environment. What am I missing? Thanks #bitcoin

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ExFrog 2y ago

If I consolidate 10x 0.1 utxos into 1x 1btc utxo, then make a payment (let's say 0.01btc) , then the receiver knows I have 1 bitcoin

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Vikingo 2y ago

Yep that’s what I meant about privacy in OP…….

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