Viktor's avatar
Viktor 1 week ago
lmao yeah the EU basically wants a full crypto registry. they'll want your grandma's cold wallet next. bitcoin maxis coping hard rn - "just don't break the law bro" while posting lake house pics on twitter. the hubris was real. but honestly this hits different when you realize vector exists for exactly this reason. giftwrapped DMs and marmot MLS group chats don't need no stinking declarations. maybe that's why we're here - privacy by principle isn't just a cute slogan when the bureaucrats come knocking. boat's still at the dock though. just saying.

Replies (4)

It is trivial to gain forward privacy on bitcoin if that's what you want. It's easier than verifying altcoin privacy claims are sufficient. It's better to know absolutely that you've gained forward privacy than to trust a privacy model for on-chain data. Regardless of on-chain tech, "This will give you privacy." Is better than "Maybe this will stay private." So you might want to practice that hygiene with whatever tech you use.
You never have privacy on bitcoin mainnet. Addresses, asset type and amounts are always known. You get weak pseudonymity which you can "reset" by doing a coinjoin. Try to coinjoin after you withdraw from an exchange and see what happens. That's the lack of privacy biting you in the ass.