papafigos on Nostr: How is he not wrong? Your receiver privacy is protected. I can't look up your ...

How is he not wrong?

Your receiver privacy is protected. I can't look up your balance. I can't look up other transactions you made. I can't tell for sure that you've spent the output, because it could just be someone else using it as part of a ring signature, which is the whole point of ring signatures.

It gets very hard very quickly to do any sort of "tracing" because of that, although yes, in certain corner cases just because of the sheer statistical improbability of a certain output being a ring member, one could draw implicative conclusions regarding certain a transaction, if they are well positioned to do so.

This is a known weakness, and FCMP++ fixes it, which again, is kinda the whole point of having the upgrade in the first place.

All I see is a LN maxi grasping at strawmen and clinging to his ego in order to not have to rethink his ideas.