SaberhagenTheNameless on Nostr: Mixers are not privacy because they don't hide anything. They just "mix up" your ...

Mixers are not privacy because they don't hide anything. They just "mix up" your identity. Everything you do is visible on Bitcoin so more susceptible to tracing and mistakes.

It's like a naked person with a bag over their head. Onlookers don't know who you are yet, so you are kind of anonymous, but you're exposed and vulnerable. We can start narrowing you down by height, gender, skin color, birthmarks, tattoos, scars, rough age - then over time by who you spend time with, the vehicle you drive, where you live, where you work, etc (amounts, address type, wallet fingerprinting, publically posted addresses, who you send to/receive from, consolidations, etc).

It's not impossible to keep anonymous on bitcoin, but much harder because you have no privacy.