Vlad on Nostr: my point about bitcoin privacy: people say “my transaction didn’t get censored, ...
my point about bitcoin privacy:
people say “my transaction didn’t get censored, it got mined, there’s deniability, who cares?”
but this deniability diminishes over time: as blockchain analysis becomes more advanced, the linking & tracking will follow the entire history of transactions.
maybe that your privacy is impeccable, but the receivers of your transactions can and most likely will deanonymize you.
bitcoin won’t be a fungible currency until it adds privacy to the base layer!
people say “my transaction didn’t get censored, it got mined, there’s deniability, who cares?”
but this deniability diminishes over time: as blockchain analysis becomes more advanced, the linking & tracking will follow the entire history of transactions.
maybe that your privacy is impeccable, but the receivers of your transactions can and most likely will deanonymize you.
bitcoin won’t be a fungible currency until it adds privacy to the base layer!