When you pay a cashier, the transaction ends there. They don’t see what you spent last week, what you own, or what you’ll spend next month. Bitcoin works differently. Its base layer is transparent by design — powerful, but not private by default. Keonne Rodriguez explains why we already protect financial privacy in the banking system, and why digital money shouldn’t force people to give it up.

Replies (5)

Disingenuous statement, you should know it. There are ways around that, also on the base layer.
Garth Algar's avatar
Garth Algar 3 months ago
100% agree 👍🏻 BTC would only be kinda private if of a sudden no one would ever off-ramp again… which we all know, will not happen. Paper-btc is the other problem,… check Bob Kendall’s Thesis on synthetic flow/fractional reserve bitcoin. Could some BTC Podcaster find an ex Wallstreet person that could explain us step-by-step how this is done and why it works each time (Gold, Silver, Oil, Wood,…), and why they would manipulate the price downwards sometimes, but sometimes also upwards?
Garth Algar's avatar
Garth Algar 3 months ago
How so? For standard citizens it is not atm. Let’s not forget, majority hasn’t the time to figure out tricks & ways…