In general, because bitcoin is an open ledger where all transactions are recorded forever, it is a honeypot for surveillance.
On a personal level, it's crucial that no one knows how much BTC you have, especially no database (like exchanges) that could be hacked. You could become a target if your name is attached to your stack.
The more people use coinjoins, the better the privacy for everyone.
So imo everyone should use coinjoin solutions like Whirlpool or Wasabi. And if possible, everybody should buy no kyc.
Toshi
npub108…32vph
2023-07-02 19:03:43
in reply to nevent1q…9k5j
Author Public Key
npub1082rg9mtv3696funeuc87gyk0cnez2v57m5pvvk7rrdrzpkzew6qd32vphPublished at
2023-07-02 19:03:43Event JSON
{
"id": "407e1cb2bee11c0b24165c4e5876cd5d3047790d44f4d1a0a69bf700267357a1",
"pubkey": "79d434176b64745d2793cf307f20967e27912994f6e81632de18da3106c2cbb4",
"created_at": 1688324623,
"kind": 1,
"tags": [
[
"e",
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],
[
"e",
"d0211e2c685d24bc762d478fe40f3ef2ffdaba7bf780e84077d520d477d9c85f"
],
[
"p",
"e674e8737a982e7af96e07c6c07d6dd75132335e885cd14f4db00ccbc34264f9"
]
],
"content": "In general, because bitcoin is an open ledger where all transactions are recorded forever, it is a honeypot for surveillance.\nOn a personal level, it's crucial that no one knows how much BTC you have, especially no database (like exchanges) that could be hacked. You could become a target if your name is attached to your stack.\nThe more people use coinjoins, the better the privacy for everyone.\nSo imo everyone should use coinjoin solutions like Whirlpool or Wasabi. And if possible, everybody should buy no kyc.",
"sig": "992ee913ae84e44ccd5e9c0694d9fd284f44b3c74608d5eded1ca461cc32bfeb9b03e0524bda6fe9ce08e70946d8a9983d5f1d6c5931a9b475687838fddf61bc"
}