For digital money to work like 'cash', it needs to be as anonymous as cash. Bitcoin Cash is now. Here's how:
Don't use a transparent blockchain and believe that your coins are anonymous. THEY ARE NOT, YOU ARE BEING TRACKED, no matter how you "mix" these coins.
#SHUM https://bit.ly/2GUOyBo
If Bestmixer.io used a decentralized front end and tor-based back end, they could still be operating today. Learn how here: http://troutsblog.com/about/
If I were in charge of NSA or Europol budget, I'd run dozens of "unrelated" mixers. Trace the coins & make a huge profit at the same time. Mixing MUST be done at protocol layer!
#SHUM
Great "end-of-the-world" vibes on this show. CBDCs are coming this year, be ready! Thanks Scott!
The solution to the evils of CBDCs is actual private money.
#SHUM
This one honestly blew my mind. We're at the "they fight you" stage, but so many innocent people could be arrested today over cash-for crypto trades 😱
Monero could very well get ZEC-level txn shielding. But super fast, super small, with all of Monero's other security layers, *and* without the ZEC "trusted setup".
#SHUM https://eprint.iacr.org/2019/580
