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57 sats \ 1 reply \ @jp 11 Jun 2022 \ on: Bitcoin Needs To Be More Private For Adoption bitcoin
Privacy needs to be handled off chain. On chain privacy will result in exchanges being forced to ban Bitcoin due to lack of KYC compliance and hurt adoption for normies.
See: Litecoin being banned from certain exchanges due to MimbleWimble upgrade
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31 sats \ 0 replies \ @shyfire 11 Jun 2022
Another side effect of privacy is that you can't audit the supply. There could be a bug in the code issuing miners more than intended, for example.
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