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0 sats \ 1 reply \ @notgeld OP 30 Jan 2023 \ parent \ on: Monero paradox bitcoin
Auditability is another problem I don't touch. I was just curious about that if the only major sales point of cryptocurrency is privacy there may be some value in preserving an image that the protocol is private whereas it is not.
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0 sats \ 0 replies \ @21stackage 30 Jan 2023
Does a sousveillant, transparent ledger obviate the need for KYC/AML? Privacy is a feature, not a value proposition, and the need to transact under cloak-and-dagger is overstated in the whole space (few situations call for this in the first place). I'm all for opt-in privacy when it comes to Bitcoin, but I think that the transparent ledger is a huge advantage overall
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