65 sats \ 1 reply \ @freetx 27 May \ parent \ on: BTC, Saylor's Version: The Arsonist in the Fire Department bitcoin
Yeah, same. I think trying to introduce any privacy features on L1 is a mistake. Monero has the classic problem: confidential transactions + confidential balances means that its hard/impossible to audit supply. This rules out Monero from ever being considered for multi-decade storage.
The best outcome is to improve privacy on L2 - whether thats LN or something else - and keep L1 as is regarding privacy/transparency.
As an aside, using something like AQUA allows you to break chain analysis, since you can peg-in to Liquid from BTC, then pay a LN invoice from Liquid, so its very difficult to associate the flows.
Very good point about Aqua
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