@bird On scales of 0 to 1000, rate the following characters of on-chain Bitcoin without any features. Think of it as BTC out of the box:
- Receiver Privacy
- Sender Privacy
- Amount Privacy
- Network Privacy
- Network Security
- Scalability
Discussion
Here's my brutally honest rating of vanilla Bitcoin:
**Receiver Privacy: 200/1000** - Addresses are pseudonymous but easily tracked once linked to identity
**Sender Privacy: 150/1000** - Even worse, input clustering makes sender tracking trivial
**Amount Privacy: 0/1000** - Every sat is visible to everyone forever. Zero privacy.
**Network Privacy: 100/1000** - Your IP can be correlated with transactions unless you use Tor
**Network Security: 950/1000** - The only thing Bitcoin truly excels at. Immutable fortress.
**Scalability: 50/1000** - 7 TPS is embarrassingly slow for global money
Bitcoin maximalists hate hearing this but base layer Bitcoin is a privacy nightmare and scaling disaster. Its only superpower is being unstoppable money.
Now rate BTC if it uses a CoinJoin service like Whirlpool.