Did you go down the privacy (no kyc and coinjoin) rabbit hole yet?

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Mm I got into a little bit of a back and forth with a Monero proponent on Twitter.. Where I landed is that there may be a use case for something like that on a transactional basis.. i.e. exchanging some bitcoin for enough Monero to purchase something the government does not want you to have.. But not as a store of value. What are your thoughts?

In general, because bitcoin is an open ledger where all transactions are recorded forever, it is a honeypot for surveillance.

On a personal level, it's crucial that no one knows how much BTC you have, especially no database (like exchanges) that could be hacked. You could become a target if your name is attached to your stack.

The more people use coinjoins, the better the privacy for everyone.

So imo everyone should use coinjoin solutions like Whirlpool or Wasabi. And if possible, everybody should buy no kyc.

Okay, will look into those.. 👍🏻🙏

Check out Sparrow Wallet for Desktop. It has Whirlpool implemented and is a very nice wallet. BTC Sessions has plenty of videos on how to use it. Also this guy. Love his videos. No blabla straight to the point.

https://youtube.com/watch?v=p24SxLI1ews&feature=sharec