Yeah, I don’t see a way to get base layer single user privacy without sacrificing auditability of the chain.
But default privacy is more about the software written to use bitcoin. Wallet software some day will have coin join or something similar baked into the cake.
Maybe! You would need a way to coordinate inputs and outputs still. Coinjoins can also be expensive.
Most transactions won’t be done on L1, period. If we take that as a given, I personally think privacy on second layers makes by far the most sense.
I still think L1 privacy will matter. But it’s gotta be reasonably priced to matter. Otherwise only bad people will use it.
> only bad people will use it
That is the trap they are setting. How about: only people who deem privacy important enough will use it.
This way exists. See https://www.moneroinflation.com
I’m not qualified to assess how or if the claim is true, but I suspect there’s a big trade off in transaction size.
