HanShan on Nostr: Seems like a good time to reup this. Coinbase will take your BTC and give you fiat ...

Seems like a good time to reup this.
Coinbase will take your BTC and give you fiat
AND give your utxos a safety score

quoting nevent1q…fzwk

The fact of the matter is that chainanal is mapping he entir utxo set. Probably more than 90% of new users come in through KYCed gateways or ETFs and the anonset of people who have*avoided* KYC is only going to get worse.

Because when there is NO GOOD WAY to add entropy back into the system, it trends towards maximum surveillance.

You can argue that is good enough for now,
but Bitcoin privacy is in a pretty sad fucking state and its only looking to get worse in the short term.

Most of the network is already under surveillance and they *certainly* be sure when you do self transfers etc.

Beyond that you're just trusting the legal system to do the right thing.

quoting nevent1q…xvqy