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I wish people would emphasize this more. Bitcoin isn't anonymous, and with the legal requirements for reporting transactions, much of what happens on there can
by ColanR 6y ago
I wish people would emphasize this more. Bitcoin isn't anonymous, and with the legal requirements for reporting transactions, much of what happens on there can be corellated to real-world identities. Far as privacy goes, it's probably a step backwards even from bank accounts and credit cards since there's no warrant needed to access it.
- nootropicat 6y agoBitcoin is old and stagnant, the future is full anonymity in the form of zk-snarks, used by millions.
- hammock 6y agoWhat's an example of a zk-snark, assuming they exist today, and what millions use them?
- asymptotically3 6y agoZCash is barely used, the shielded transactions even less so. Monero is the way forward.