Oddbean new post about | logout
▲ ▼
Super Testnet | 8 days ago (raw) | root | parent | reply | flag 
 Yes, and I often do

But then people continue to advertise that ecash mints have perfect privacy so then I make threads like this one where I spell out exactly how they can compromise the privacy of any individual user or group of users with a penalty of loss-of-funds if they don't comply

Which means they are perfectly capable of enforcing shotgun KYC

Whereas a protocol with *actual* perfect privacy wouldn't have anyone in a position to enforce *any* kind of KYC
▲ ▼
vnprc | 8 days ago (raw) | root | parent | reply | flag 
 I think you are conflating custodianship with privacy. Any custodian can apply pressure by withholding people's money. This fact doesn't mean anything about the privacy of a protocol.

Privacy is the question of whether someone can deanonymize your activities through some kind of information leakage. Ecash has really really good privacy properties and it is a custodial system.

Judging from this and other conversations I get the impression that you believe custody trumps privacy in some kind of absolute sense. I see a future with blended custody models: transact with ecash, save with bitcoin. Together, these tools are greater than the sum of their parts.