Replying to Avatar mister_monster

> prove me wrong by fighting this straw man I created

> bitcoin has the same anonymity as cash

Prove yourself right by showing me the publicly available transaction history of every dollar bill in existence.

You can't track cash as it changes hands. You can track which bank ATM it left and which one it wound up in, that's about it. Cash can't be tracked from one hand to another using serial numbers.
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Abstract Equilibrium 1y ago 💬 1

Doesn't the last paragraph describe lightning? A point of entry & exit, can't track what happens in between?

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mister_monster 1y ago 💬 1

I suppose, but wouldn't it be better if cash simply didn't have serial numbers?

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Abstract Equilibrium 1y ago

Sure, but it's moot as you said

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mister_monster 1y ago

I didn't say it was moot.

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mister_monster 1y ago

Oh I didn't think about this... A bank can't force you to "deposit at an ATM". A counterparty can force close your channel. So even lightning is jot as good as cash.

Also cash has no payment processors. Lightning doesn't have to have them, but in practicality almost always does, in the form of large liquidity providers offering channels as a service.