**Edward Snowden said it well during his keynote speech at Bitcoin 24':**

"Bitcoin transactions are not private. All of you know this in the general sense because it's 2024, not back in 2013 when we were saying, 'Oh, Bitcoin is perfectly anonymous, and it's money for criminals and whatever.' The only person who still believes that is Elizabeth Warren.

The reality is that Bitcoin transactions are permanent, public, trackable, and linkable.

An enormous proportion of them are fully doxxed, just not publicly doxxed. And this is because of how people move it on and off the Bitcoin network, or any crypto chain really, and it's through the on and off ramps, right? — through these legacy exchanges that get licensed by whatever, you know, New York State or whatever country, whether it's in Dubai, whether it's in New York.

And they are sharing the information en masse with what we politely refer to as regulators, but what are plainly described as great powers."

**Stack sats. Use Monero.**

Find out more at:

https://libereco.xyz/resources/

and

https://www.getmonero.org/


They are not the same. Satoshi is a person or a group of people. Bitcoin is a cryptocurrency that was released to the world on a public blockchain. This argument is not based in reality.


It's a fair argument, surely? The only place they have any power is the on off ramps. If they're not used and the money is moved around from person to person, address to address, it becomes quickly impossible to know who has what.


Yes. And we are people too. You can buy and use Bitcoin privately. Most of us don’t believe it’s worth our time or effort to pursue to the level of privacy we wish was automatic.
Bitcoin IS private though. Satoshi proves that.


Yes. Going to the fiat world is the risk.

Dear Ava, Monero is not private. When you buy it on Coinbase, the government knows you have it.


Funny that people *still* don't understand the difference between anonymity and privacy

And btw we DO know Satoshis addresses and transaction history because Bitcoin isnt private


It's not on Coinbase.

But even if it was ...dont buy it on Coinbase maybe? 🤷♂

And even if it was, and you did buy it from there, Coinbase can't follow the transaction once you withdraw it similar to withdrawing cash from an ATM


Sorry I don’t know what crap Coinbase offers nowadays. Haha

You actually don’t know what is Satoshi’s. It’s debated. If he would have moved the coins even once, you would be even less sure they’re his.

You could say the SAME thing of Bitcoin. If you buy non-KYC and move the money, there is very little trail. If you use coinjoin etc. there is less of a trail.

If the FBI is after you, whether you’re using Monero or Bitcoin, you’re not bulletproof. Good luck with that.


Respectfully, why speak so confidently on things you clearly don't know much about?

I have no interest in converting you. I am a privacy advocate. I give my time here to help people create more freedom for themselves through better privacy.

If you want to continue the conversation, go study a little on Monero, then I will be more inclined to answer more if your questions.

Find out more at:

https://libereco.xyz/resources/

and

https://www.getmonero.org/


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Me neither tbh 😂

Sure thats fair we don't know if Satoshi ever had other addresses that we don't know about, but thats anonymity and doesn't change the fact that their transactions are not private. It would be ideal to have both.

As an analogy imagine being able to read the incoming and outgoing texts/calls of a random number. You might not know who they are at the moment, but over time you'll get enough data to narrow it down and figure it out.

But the subject was buying from Coinbase (requires KYC) and CJing is not the case by default with BTC. Most users just withdraw without ever coinjoining much less every transaction. Or they few naively coinjoin and then consolidate. And still plenty of privacy leaks even if you do coinjoin because it is just obfuscation not encryption.

Yea, if the FBI wants you bad enough you might be screwed, but why give them passive surveillance over everyone? Make them have to actively work for it. That dramatically increases time and effort required which massively shrinks the pool of users they could ever go after.


This is a bullshit argument. I'm sorry.

Chain analysis is mapping the entire UTXO set. Because transactions are linkable, this is possible. 90% of all UTXOs are already linked to KYC information.

Over time, the entire UTXO set will be mapped and a risk score will be assigned to each one.

Monero is designed to be gotten P2P and it does not link transactions forward and backwards. Its completely different.


Transaction fees quickly make this impossible and using lightning and or liquid exposes you to third-party risks in most cases and is not good for the normal average user. The only people who can truly use lightning privately are those who run their own lightning nodes. And even then, it's not an easy task.


So using Bitcoin privately is not easy and there are risks to taking easier routes? No one is denying this.

Do you see any long term or short term risks to using Monero?


there could be an inflation bug. The developers work hard to only implement code that has been thoroughly tested, but it is still a possibility, though it is a small possibility. Put it this way. Do I trust Monero or the dollar more? The answer is quite easy. Monero.


Its not a good argument at all.

A single individual remaining private isn't proof of anything.
What percent of the UTXO set do you think is already KYC'd?
I think 90% is a conservative guess.


Use monero for what? Most take pics and post on social everything they buy anyway


fucking moron.  what a cocksucking strawman


if you were male i'd follow you.  keep up the good work


my god you are fucking dense


just try to use WalletofSatoshi without a vpn.

awww what's that sad expression, fuckface?


it is a DOUCHEBAG that's why lol 😂🤣😂🤣


nice comment history, ser. keep contributing to society and GFY