Oddbean new post about | logout
 How can you be so confident?

i mean, given that 90% of utxos are already kyced and the anonset of the remainder only decreases? 
 Even if his UTXO isn't anonymized, its still a fuck you to the state. They can't stop people from doing it. Only punish them for doing it. 
 Therefore, in terms of "fuck you" magnitudes,
the transaction that can't eventually be unwound back to the sender or receiver trace is the larger.

Its the same with speech
people will self-police what they say if it's public KYCed speech and they are likely to be eventually identified as the speaker.
But people will say what they like if they are confident it is anon.
For better or worse.

Likewise with transactions.
 
 I know what I’m doing.

Where did you get that 90% number?