Toshi on Nostr: That’s wrong imo. More mixes is obviously better. And because it’s free it’s a ...

That’s wrong imo. More mixes is obviously better. And because it’s free it’s a no brainer for me to do at least 5. coinjoin mixes deteriorate over time (because of people handling their UTXOs in a wrong way) and if you have more mixes the deterioration is slower or sometimes even prevented. Also a very near feature in whirlpool is that even if you just wait for the mix but are not selected, you anonymity increases. If you are hodling for the future your time preference should be low anyways, so why not wait? The only reason I see is that it’s in a hot wallet but apparently there is no incident of funds being lost due to a hack in Sparrow.