npub1lp…smnuc on Nostr: Nothing about BTC is private. All transactions are on the public ledger. It is, at ...
Nothing about BTC is private. All transactions are on the public ledger. It is, at best, temporarily pseudonomous.
And censorship resistance? Not even close. Because each sat is individually traceable for its entire history, anyone can set up their payment gateway to refuse acceptance of 'tainted' sats; or be compelled to by a powerful entity, such as a government.
Published at
2024-10-10 05:12:01Event JSON
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"pubkey": "f849d88a0bf7c7f17251e6958d222ee2d9302a98eb6850db80cee8a09be058d4",
"created_at": 1728537121,
"kind": 1,
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"content": "Nothing about BTC is private. All transactions are on the public ledger. It is, at best, temporarily pseudonomous.\n\nAnd censorship resistance? Not even close. Because each sat is individually traceable for its entire history, anyone can set up their payment gateway to refuse acceptance of 'tainted' sats; or be compelled to by a powerful entity, such as a government.",
"sig": "ad6edbfcd32ce4803750cf71bbf54eae151c821a1a97180905b76a181c019a4e7b438115eed51bc57ceaa1d36edcc145aabdb92b163c5424fbddf0890aaec3c1"
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