A Treatise On Bitcoin And Privacy Part 1

Bitcoin Magazine has made an effort to start publishing great content in the sea of clickbait which makes up most of the BTC / Crypto news sites .  Part 1 of A Treatise on BTC And Privacy :


A Treatise On Bitcoin And Privacy Part 1: A Match Made In The Whitepaper

” How one’s focus can shift in just two weeks! While today everybody in the Bitcoin space seems more concerned with price fluctuations in response to the global financial panic (understandably so), it’s important to remember perennial issues that never go away, like the importance of maintaining your privacy when you transact in bitcoin. Throughout this month especially, we’ve been hearing reports of KYC/AML-compliant exchanges freezing user accounts due to suspected use of CoinJoin software (more on that later), followed by yet another case of a famous and respected early Bitcoin proponent promoting his new illiquid altcoin as something that ‘will replace Bitcoin, which isn’t private enough!’

If you want to take a short break from global pandemics, financial meltdowns and price volatility, here’s an attempt at analyzing claims, facts and context of this latest ‘Bitcoin drama.’ To begin with, in Part 1 of this two-part series, we’ll start by looking at the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. Then, in Part 2, we’ll focus on some the ways that Bitcoin privacy is being maintained and improved upon — and strike down a few ‘red herrings.’ ”


Master Asked on March 19, 2020 in Bitcoin.
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