I was wrong about provacy coins

markziemann / cryptoblog

collection of code related to analysis of crypto market data

https://mdz-analytics.com/

MIT License

1 stars 2 forks source link

Closed markziemann closed 2 years ago

markziemann commented 2 years ago

Bullish case for monero

bitcoin can't be censored but it can be surveiled. Which makes it difficult to use bitcoin in the real world
fungibility crisis
as CBDCs are rolled out, they can be used for censorship, surveillance and funds can be removed at any point. Businesses can be shut down centrally.
Block analysis companies are linking KYC exchange accounts to btc addresses and donation funding

markziemann commented 2 years ago

being private with bitcoin is incredibly difficult and requires coinjoin, VPN, tor, etc which is not feasible for most folks.
bitcoins bought from bisq were blacklisted
bitfinex hackers were caught due to bitcoin transparency