{"type":"rich","version":"1.0","title":"weev wrote","author_name":"weev (npub1we…409xg)","author_url":"https://yabu.me/npub1weev88wc43slz6jjlq2h30ltmd0ccu9utfe8wet2kkax0w6epavqw409xg","provider_name":"njump","provider_url":"https://yabu.me","html":"Silent Payments is better than not. I'm using it now, though BlindBit is very experimental and you don't want to trust it to handle large amounts of money. But it hardly delivers on-chain privacy. It's just a nice way to make unique new addresses for every transaction. But then people, when they go to sell Bitcoin, or buy Bitcoin, are going to have a bunch of wallets combined when they deposit to their exchange or send money to the retailer or whatever. And that will break the privacy at spend/exchange time. \n\nOnly universal zk-Snarks like Pirate Chain (ARRR) or ring signatures with fullchain membership proorfs (Monero) will give legitimate on-chain privacy and fungibility. And Core has steadfastly refused any proposals that would actually make Bitcoin fungible as currency, like cash. \n\nSaylor is right about this issue: https://www.youtube.com/watch?v=ccJ33hLaMF0"}