Ov1, a Taoist Bitcoiner on Nostr: Not surveillance, necessarily, as much as provenance. Privacy comes from OpSec, NOT ...
Not surveillance, necessarily, as much as provenance. Privacy comes from OpSec, NOT from any single tool.
Properly handled, even on-chain transactions are don't reveal personally identifiable information. While, improperly handled thru KYCd devices, phone numbers, IP addresses, etc., make surveillance easy and privacy an illusion.
I hate to break it to you, but IF you don't also use VPN/TOR, have an anonymous burner phone, and a de-Googled phone you're simply Larping when it comes to privacy. While you may be one of the small minority willing to, or having to sacrifice convenience for privacy, by far the majority will not make the same trade offs. I guarantee that more than 95% of privacy coin users don't have any of these OpSec disciplines in place.
For public entities like corporations and governments verifiable audits of balances and transaction history is a HUGE upgrade over current systems. For most people, their everyday pocket change for spending the privacy vs. convenience trade offs when using LN and eCash are a reasonable tradeoff.
Properly handled, even on-chain transactions are don't reveal personally identifiable information. While, improperly handled thru KYCd devices, phone numbers, IP addresses, etc., make surveillance easy and privacy an illusion.
I hate to break it to you, but IF you don't also use VPN/TOR, have an anonymous burner phone, and a de-Googled phone you're simply Larping when it comes to privacy. While you may be one of the small minority willing to, or having to sacrifice convenience for privacy, by far the majority will not make the same trade offs. I guarantee that more than 95% of privacy coin users don't have any of these OpSec disciplines in place.
For public entities like corporations and governments verifiable audits of balances and transaction history is a HUGE upgrade over current systems. For most people, their everyday pocket change for spending the privacy vs. convenience trade offs when using LN and eCash are a reasonable tradeoff.