It’ll never be as private as some people want it to be.. as in, a public ledger cannot be private. That just is what it is.
If you want privacy on the base level, then you cannot verify that it has a capped supply. At least, we haven’t worked that out yet.
But, privacy solutions can be built on top of amthe public ledger, to solve most privacy problems. Look at lightning and things like Fedi, crash.. look at coinjoin etc.
Most privacy problems come from the fiat on and off ramps. In a bitcoin circular economy, privacy would be a lot easier to come by.
Listen to guy swan read 749 for a little more here 🤙
dbs / Dee₿s
npub165…9ne2r
2023-07-21 07:12:33
in reply to nevent1q…sxcv
Author Public Key
npub1657uvf8q6rg0umfvhxjf7t764ywcw4qyh7tm8qcv78f8anmfaufq59ne2rPublished at
2023-07-21 07:12:33Event JSON
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"pubkey": "d53dc624e0d0d0fe6d2cb9a49f2fdaa91d875404bf97b3830cf1d27ecf69ef12",
"created_at": 1689923553,
"kind": 1,
"tags": [
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"content": "It’ll never be as private as some people want it to be.. as in, a public ledger cannot be private. That just is what it is. \n\nIf you want privacy on the base level, then you cannot verify that it has a capped supply. At least, we haven’t worked that out yet. \n\nBut, privacy solutions can be built on top of amthe public ledger, to solve most privacy problems. Look at lightning and things like Fedi, crash.. look at coinjoin etc. \n\nMost privacy problems come from the fiat on and off ramps. In a bitcoin circular economy, privacy would be a lot easier to come by. \n\nListen to guy swan read 749 for a little more here 🤙",
"sig": "ea569f47d5dad526016277cc1c9ffaff7bd011e4effd8a64b9c91794908b290fc9a50f63fdebcff8cb5b21ac5a602ddf11b7a1ff073b56fdbe2b183fd6f8238f"
}