Replying to Avatar Def

Privacy in Bitcoin sometimes seems cumbersome at best, impractical at worst. This is one of the most serious risks to long term adoption in my opinion. In the future, coinjoined UTXOs may be red flagged at exchanges. Unless there's a realistic circular Bitcoin economy, this makes things much more difficult when needing to spend Bitcoin.

That and I think the best chance at adoption is education and making politicians become invested in Bitcoin's success. They won't ban what they are invested in.
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threeseries 2y ago

I actually don't think poor privacy is even remotely likely to impede bitcoin adoption (think about how many people use services today that engage in egregious spying).

I'm actually more worried about it being widely adopted in spite of poor privacy, and the public naively opting into new forms of surveillance.

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Def 2y ago

Great point about naivety. Sometimes when people say "Bitcoin is for money laundering," I love to say, "Only for the ones that want to get caught. It's an open ledger."