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I'll save you the effort of reading a magazine. Here is how you achieve bitcoin privacy:
  1. Acquire a UTXO kyc-free
  2. Coinjoin it into a lightning wallet using Ashigaru.rs
  3. Open an unannounced taproot lightning channel with the UTXO over Tor
  4. Connect to your node using Zeus wallet
Done - you are now your own bank.
Sounds expensive and unscalable. How many people can do this before they get priced out?
How reliable will these Lightning payments be? Any chance for the channels to get force closed when the on-chain fees are high again?
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For now it's not too expensive. Privacy comes at a cost for Bitcoin absolutely, I'd like to see BIPs that reduce that cost.
I think the stuck force close issue has been mostly solved with anchor channels or whatever they're called
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200 sats \ 1 reply \ @guts 26 Nov
That's why cypherpunks don't take Bitcoin privacy seriously
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Sweeping statements are rarely accurate
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