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0 sats \ 3 replies \ @k00b 24 Dec 2022 \ parent \ on: serious question would you try and build one using bitcoin? why or why not? bitcoin
I don’t think it’s fair to say Bitcoin hasn’t prioritized privacy. Has it prioritized privacy over decentralization and scaling? No, and I’d argue that’s the right choice assuming you can’t have all three.
Bitcoin’s privacy UX is not great relative to alternatives - for now - and AFAICT it does bother Bitcoiners.
If you want to argue Bitcoin is never going to achieve better privacy and fungibility UX, you can do that, but why should anyone trust your predictions of the future over their own?
I'm not makng predictions at all. If you read my original post i am asking if you would attempt to create something like an assassinstion market using bitcoin. After reading jim bell's description of how it is supposed to work, i believe bitcoin has fallen short of how the cypherpunk's requirement for privacy and is unsuitable to build this kind of software.
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I am saying that bitcoin is unsuited for creating something like this, because it is not private or fungible. Even if you wanted to create something like this, you would not use bitcoin because privacy has not been a priority for bitcoin.
Either this is timeless, and hence is a prediction, or it's just a statement about the current privacy UX of bitcoin. I wouldn't argue Bitcoin's privacy UX is very strong. I would argue it can eventually be.
You seem to be arguing it will never be strong?
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yeah, i am arguing it will never be strong because it has already accepted a billion dollar blockchain surveillance industry
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