Oddbean new post about login | logout Bitcoin is the perfection of surveillance as it is completely public to everybody on the world, with all the transactions that has been done onchain, with tons of metadata. Why do maxis just spread this misinformations, even though they know it is bullshit? Why mislead people? nostr:note15e89n97pn3e82vuydkmmseylnjngmywkmj3fdkphxw0jq4rz92kq3s8yss
Someone's mad they didn't stack sats lol
No. You totally missed the Point. Bitcoin was maybe private in early days, but now with the adoption it is no more, because there chain Analysis companies who de-anonnomize every transaction and Analyse the links bitcoin the utxos. So why lie about this part?
I see no lies, it says not easily surveyed. This is true.
You are being serious.
Easy being subjective but of course. Yes 100% bye shitcoining troll have a nice day.
Bitcoin wasn't private at all, never. It was and it is pseudonymous, not anonymous. In the early days, people bought with Paypal, credit card without KYC, but there was a trace, withdraw to an address which is perfectly public like all the blockchain... Just now it's worse with KYC and ChainAnalysis... People believing Bitcoin is good again surveillance are fool
>"tainted" bitcoins trade for significantly less than spot price >cashu mints are completely centralized >DNMs rarely take bitcoin and almost all of them are XMR only >a handful of corporations control liquid with a multisig >ecash is vulnerable to undetectable fractional reserve banking >the network can't support more concurrent non-custodial users without fees exploding and instead relies on custodians as a scaling crutch so everything in the infographic is false. but enjoy your riches. I know that's the only thing you actually cared about