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1073d · Flipstarters
New: CoinJoin Desktop App for Financial Privacy
by Permissionless Software Foundation / Chris Troutner
https://coinjoin-flipstarter.psfoundation.info/en

5.75 / 113.00 BCH, one month to go
replied 1073d
1) Mixing the coins doesn't make the spends private
2) If knowing your address means I know how much money you have, it's not private
replied 1071d
certainly both points true at least in some cases, but
for 1) your spends could still be private, depending on circumstances (BCH can be used like cash)
for 2) mixing can obscure owner
replied 1071d
Mixing is like throwing a poopy diaper in a shared laundry and hoping it comes out clean. That depends on a lot of people with clean clothes not minding a little poo on them.
replied 1071d
Also, transparent-by-default means every time you mix, you raise flags about that particular transaction. Why not just use money that respects your privacy?
replied 1071d
Indeed, why not?

Use what serves you best.

We would not be able to have this (at least somewhat private) conversation about privacy on the Monero blockchain.
replied 1071d
A transparent blockchain (eg, BTC) makes sense for *public, pseudonymous* posts.
Which is what these are.

If I wanted *anonymity* (and censorship-resistance!), I'd be posting on Dread
replied 1071d
Somewhat private in the sense that our identities are somewhat protected by pseudonymity.
At least censorship resistant public conversation versus non-existent.
Cash with scribbles :)
replied 1071d
Not private = not censorship resistant.
Ask anyone in Taiwan.
replied 1073d
replied 1073d
Chris talking on SmartBCH Twitter Hangout about His Coinjoin Flipstarter --> https://twitter.com/i/spaces/1ZkJzXavPjwKv