Coin control is often overlooked as a tool for protecting your privacy. Anyone sending #Bitcoin transactions should practice it or at least be aware of it.

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A good modern Bitcoin wallet will allow you to view and label individual "coins" or UTXOs (unspent transaction outputs) that together make up your wallet's total Bitcoin balance.

When sending a payment, your wallet bundles together enough UTXOs to cover the payment amount.

This combining of coins could give away secrets about you that will forever be inscribed on the blockchain - no bueno!

For example using a large denomination UTXO for a small payment would leak to the payee (and anyone else watching) information about your BTC balance. You could also accidentally DOX your non-KYC or coin-joined stash by combining their UTXOs with coins you recently bought on Kraken or Coinbase. The list goes on.

Therefore please practice coin control 🙏and use a wallet that lets you do this. Sparrow and Electrum are good examples but there are many others.

Before making a payment, go to the UTXO tab and carefully select the UTXOs you want to use for the payment (this is where labelling comes in handy) keeping in mind the information others might glean from different UTXO combinations. The transaction input for the payment will now comprise only the selected UTXOs, ideally revealing as little information about you as possible.

👉tldr: active coin controll through labelling and selecting of UTXOs for Bitcoin transaction inputs is an underused feature that has the potential to greatly enhance your privacy and security.

PV🤙