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2024-10-02 09:26:12

pkt on Nostr: “Bitcoin’s lack of privacy is not an accident & it’s not the result of ...

“Bitcoin’s lack of privacy is not an accident & it’s not the result of negligence.

It’s a deliberate choice, as cowardly devs & sellout community members deliberately ignore a decade of research & experimentation.”

Nothing says “world's reserve currency ” like research and experimentation....

Given that Zcash and Monero have all had multiple inflation exploits that could have killed them completely, I'm happy to be called a coward for ensuring that our best chance at a digital currency doesn't get killed by a simple exploit.

And yes, this choice is not due to negligence! Quite the opposite in fact.
Bitcoin’s lack of privacy is not an accident & it’s not the result of negligence.

It’s a deliberate choice, as cowardly devs & sellout community members deliberately ignore a decade of research & experimentation.

This is why I’m making a magazine about privacy. To change the culture, remind readers that there’s still a chapter 10 in the Bitcoin whitepaper, and explain how we can learn from projects such as Monero, Zcash, Litecoin, Nym, Firo, Zano, and more.

I’m not doing this alone: more than a dozen of writers are joining me to explain to you why privacy is important, why you should desire it, and how you can currently use it.

I expect this magazine to get launched on time for next month. So stay tuned! And if you want to sponsor the project, DM me and you’ll get a full page ad.

Hope you like this front cover: it combines the origins of a popular meme with the realities of Bitcoin privacy. Pepe cheers for the pumper in chief, but surrenders his privacy and cypherpunk ethos for some NGU.

And before you jump at me and say that adding privacy to Bitcoin is premature and might lead to hidden inflation, remember that even Dandelion++ (a protocol which hides your wallet’s IP address from the rest of the network, which was built for BTC but adopted by Monero) is currently not part of the software client.

Think about it! And watch out for this magazine next month when it gets released!
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