Oddbean

All my utxos have CJ history and i havent sent any since Whirlpool went off line except the change I have in LN but over the long term i dont think thats correct. without good privacy tools the number of non-KYCed UTXOS only decreases So the anonset gets smaller and smaller and they get harder and harder to use because nobody will accept them. theres probably a sweet spot before that point where they are valuable above market price but on a long enough timeline they are likely worthless.

if Bitcoin is a successful threat to the bankers that run the world, self-sovereign use will be highly discouraged. and it wont be "just some database remembers a story" it will be the entire chain is mapped and a score assigned to each utxo. it will be extremely difficult to use poorly regarded utxos. or you can just use "BtcBucks™ Backed by Bitcoin!" and have a nice user experience with something accepted everywhere. and 99% of people will do that and so much for privacy. (btw it isn't "remembers a story about them for a while." its forever for all intents and purposes)