#Bitcoin
Bitcoin's Privacy Problem
Discussion
Really enjoy your content.
Edward brings a very valid point. I hope bitcoin soon develops a truly encompassing solution for the privacy issue.
Calling for "base layer privacy" is FUD. Pseudonymity is more than enough privacy, it's a matter of knowing how to move and what the privacy tools are. Opsec doesn't come in a can
no.
default privacy is nonnegotiable.
the entire utxos set will be mapped and correlated to IRL identities.
even today, if I avoid KYC I'm hiding in an anonset of less than 10% of addresses.
Maybe less than 5%.
And it only decreases as time goes on.
If only payjoins and coinjoins were common practice...although I prefer the tradeoffs of a transparent ledger (and to use higher layers for privacy), I wonder if there's any escape from this KYC matrix that has been woven over the internet
Tell that to users like Roman Sterlingov
Thank you. Good stuff. What was your journey to non-KYC Bitcoin after starting with KYC Bitcoin only?
If you know about FCMP in monero, and are excluding it from your comparison, then you are indoctrinated.
Great information, keep it up :)
bitcoins privacy issue is not going to be fixed easily nor seems likely to be fixed in future. So just forget about privacy from bitcoin.
Seems like you often divert to other issues completely unrelated to bitcoins privacy throughout this whole video
"Yes, Monero is private, Bitcoin isn't, BUT...[non-sequitur about money]...Bitcoin already won...also here is a privacy browser, protonmail, Signal..."
??????
"Money is a winner-take-all game and has already won this game"
Bitcoin isn't money by definition (the most saleable good)
"Are you going to hide in the tiny anonymity set of Monero?"
*Mentions L-BTC as a solution even though it has near zero anonymity set and doesn't hide sender/reciever*