Bitcoin Forum
August 01, 2021, 02:13:59 AM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: A Treatise on Bitcoin and Privacy  (Read 384 times)
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
August 24, 2020, 06:35:47 PM
Merited by DdmrDdmr (2), 20kevin20 (2), ETFbitcoin (1), YOSHIE (1), Coyster (1)
 #1

A few times ago, my fellow italian Bitcoin maximalist Giacomo Zucco published a two part Treatise on Bitcoin and Privacy on the Bitcoin Magazine.

I immediately translated in italian and posted on the italian board (Un trattato su Bitcoin e la Privacy).

I am opening this thread to discuss it, because I see on many occasion that privacy is not a well understood concept, and above all, the very specific nature of this feature make "privacy related stuff" very "dangerous" to handle:
Privacy is a very strange good: once you let it go, you cannot claim it back.

So I am here to suggest the read of this article:

A Treatise On Bitcoin And Privacy Part 1: A Match Made In The Whitepaper
Quote
How one’s focus can shift in just two weeks! While today everybody in the Bitcoin space seems more concerned with price fluctuations in response to the global financial panic (understandably so), it’s important to remember perennial issues that never go away, like the importance of maintaining your privacy when you transact in bitcoin. Throughout this month especially, we’ve been hearing reports of KYC/AML-compliant exchanges freezing user accounts due to suspected use of CoinJoin software (more on that later), followed by yet another case of a famous and respected early Bitcoin proponent promoting his new illiquid altcoin as something that “will replace Bitcoin, which isn’t private enough!”

If you want to take a short break from global pandemics, financial meltdowns and price volatility, here’s an attempt at analysing claims, facts and context of this latest “Bitcoin drama.” To begin with, in Part 1 of this two-part series, we’ll start by looking at the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. Then, in Part 2, we’ll focus on some the ways that Bitcoin privacy is being maintained and improved upon — and strike down a few “red herrings.”


A Treatise On Bitcoin And Privacy Part 2: Don’t Be Misled By Red Herrings
Quote
In Part One of this treatise, we examined the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. In spite of some excellent privacy preserving options  that have been available to users since those early days, we seem to have taken a few wrong turns. But to fix it, in order to make Bitcoin’s privacy “great again,” we must be able to distinguish between real privacy and red herrings that can only lead us further off the path.

In the past months I made a few privacy related posts:
Coinbase the most anti-Bitcoin organisation. Make #DeleteCoinbase great again
Dust Attack, what it is, why it is dangerous and how to prevent falling to it
[Total privacy Bitcoin]: off grid Transactions LoRaWan/goTenna
Comprare Bitcoin senza KYC: Bitcoin bancomat a Milano rispettoso della Privacy (in Italian).

I think that treatise is a good "framework" to understand why all the above actions are important while dealing with your financial sovereignty.



1627784039
Hero Member
*
Offline Offline

Posts: 1627784039

View Profile Personal Message (Offline)

Ignore
1627784039
Reply with quote  #2

1627784039
Report to moderator
1627784039
Hero Member
*
Offline Offline

Posts: 1627784039

View Profile Personal Message (Offline)

Ignore
1627784039
Reply with quote  #2

1627784039
Report to moderator
1627784039
Hero Member
*
Offline Offline

Posts: 1627784039

View Profile Personal Message (Offline)

Ignore
1627784039
Reply with quote  #2

1627784039
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1627784039
Hero Member
*
Offline Offline

Posts: 1627784039

View Profile Personal Message (Offline)

Ignore
1627784039
Reply with quote  #2

1627784039
Report to moderator
1627784039
Hero Member
*
Offline Offline

Posts: 1627784039

View Profile Personal Message (Offline)

Ignore
1627784039
Reply with quote  #2

1627784039
Report to moderator
Coyster
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 612


Bitcoin requires responsibility, know that!


View Profile
August 24, 2020, 09:18:31 PM
Merited by DdmrDdmr (1), fillippone (1)
 #2

Thanks for the links on this treatise on Bitcoin and privacy, I've spent the last hour reading the two parts (1&2), and it's really educative to say the least; there's a particular excerpt I love in the part 1, that underscores how important privacy is:
Quote
Somebody whose financial and commercial life is completely exposed runs a higher risk of suffering robbery, blackmail, kidnapping or political expropriation.
I think that treatise is a good "framework" to understand why all the above actions are important while dealing with your financial sovereignty.
After reading the articles, I couldn't agree with you more, there are quite a lot of forms and "red herrings" introduced to eliminate our privacy when we spend or buy Bitcoin, but users need to know how possible it is to still maintain their privacy notwithstanding and how important it is to do so. This treatise provides such knowledge in a form that is very easy to understand and implement.

███████████████████████████
█████████▀▄▄▄▄▄██▀▀████████
█████▀▄█▀▀▄▄▄▄▄▄▄▀▀▄▄▀█████
████ █▀▄███████████▄▀██████
███▄█ ███████▀ ██████ █ ███
██▀█ ███  ▀▀█  ▀██████ █ ██
██ █ ████▄▄      ▀▀▀██ █ ██
██ █ █████▌        ▄██ ████
███▄█ █████▄▄   ▄▄███ █▀███
████▀█▄▀█████▌  ▀██▀▄█ ████
█████▄▀▀▄▄▀▀▀▀   ▄▄█▀▄█████
████████▄██▀▀▀▀▀▀██████████
███████████████████████████
        █▄
  ▀▀█▀█▄▄█ ▄ ▄▄▄
   ▄▄▄▄▄████▄▄
 ▄▀▀ ▀▄██▄▀▀▀█▄
    ▄████▌▀█▄  ▀
    ▀▀
█▌  █
     ▄  ▀

    ▄
    █
    ▄▄▄▄▄█▀▀██
   ████████████▄█████
 ▄███████████▄████████████▄
 █████████████▄█████▄███████▄
█████████████████████████████

‎ ★
▄▄███████▄▄
▄█████▀█▀█████▄
████▀▀▀ ▀ ▀▀█████
███████  ██  ▐█████
███████      ▀█████
███████  ███  █████
████▄▄▄   ▄▄▄████
▀█████▄█▄█████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀
▄▄███████▄▄
▄██████▀██████▄
███████▀ ▀███████
███████     ███████
██████▄     ▄██████
██████▄▀▄▄▄▀▄██████
██████▄   ▄██████
▀██████▄██████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀
▄▄███████▄▄
▄█████████████▄
███████▌ ▐███████
████████  █████████
█████▀▀   ▄▄███████
███████  ██████████
█████▌      ▄████
▀█████████████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀

‎ ★
      ▄▄██▄█▄        ▄██████▄
   ▀██████████▄     ██████████
      ▄▄▄▄▄     ▐██████████▌
   ▄███████████▄   ██████████
  ████████████████▄  ▀███▀▀▄██▄
     ▀▀█████████████  ▀██████████▄
          █▀▀▀▀▀▀▀▀▀
         ▐▌
         █
        ▐▌
        █       ▄▄▄▄▄▄
   ▄▄▄▄██████████████████▄▄▄
▄█████████████████████████████▄▄▄▄
..PLAY NOW..
Charles-Tim
Hero Member
*****
Offline Offline

Activity: 532
Merit: 1368


I am not Tim-BTC. Tim-BTC is not my alt.


View Profile
August 24, 2020, 11:26:02 PM
 #3

Quote
Privacy and Trust: All or Nothing
An interesting feature of this transparent setting, discussed by Satoshi and by many other early Bitcoin contributors and researchers, is the all-or-nothing nature of its privacy guarantees. A trusted third party can, indeed, promise to keep your sensitive information safe from potential kidnappers, robbers or stalkers, while still being forced to provide any detail to more powerful political entities (nation-states with their tax agencies, financial authorities, secret services, etc.).
I still always will not even trust services or thridparty proving to encrypt my data and save it, their database can still be hacked, and there are possibilities that the encrypted data can be decrypted. What even tells us some thridparty encrypted any data as there are many that do not encrypt anything. Some people would have received many phishing attack just because of data breaches somewhere.

Also, the governments are made up of people, people are the thieves, I do not see any differences. The best is to truly maintain high level of privacy. That is why I only trust my noncustodial wallet, noncustodial exchange and myself alone.





.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
DdmrDdmr
Legendary
*
Offline Offline

Activity: 1302
Merit: 5497


There are lies, damned lies and statistics. MTwain


View Profile WWW
August 25, 2020, 10:20:53 AM
Merited by fillippone (1), Charles-Tim (1)
 #4

Having read through both articles (actually, it’s not that long a read), I keep falling back to reflect on the technicalities one needs to know and manage, in order to (try to) comply with Bitcoin Privacy best practices. This escapes the scope of reach of many that have entered the Bitcoin sphere, and a certain hope is placed on those solutions that are coming, the ease of use they should have, and the broadness of usage they should reach on order to mitigate the traditional KYC related paths many of us follow or have followed in the past.

What’s more, by the time one reaches a certain awareness, he is probable already KYC linked here and there (normally to a bank as a point of entry or exit), and whilst direct usage remains relatively marginal in the world, people will need to still hop through a conversion gateway which, more often than not, is composed by the Exchange/Bank account pair.

Recently I’ve been reading about how banks here and there are blocking customer accounts that have interacted with any of exchanges, mixers, coinjoin based wallets, or gambling sites. Cases do not (yet) seem to be bulk in volume, but they introduce a high degree of uncertainty when pondering the usage of a bank account as an entry/exit point. That is only the first derivative. The second will be the potential hassle given by the pertinent taxation office. Both of these entities can apply greater choking strength at will, often with seemingly arbitrary rules and varying in resolution depending who is on the other end of the counter.

Whilst the "solutions that are coming" (reference from the second article), I wonder how many holders are being holders due to the above.

fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
August 25, 2020, 10:47:26 AM
 #5

<...>
Whilst the "solutions that are coming" (reference from the second article), I wonder how many holders are being holders due to the above.

Financial sovereignty requires responsibility.
It is your precise responsibility to choose the intermediaries, both exchanges and banks, that interfere the least with your private interests. Otherwise you are allowing government to spy on your private affairs, and letting them doing so "because you have nothing to hide" is like giving up the free speech because you have nothing to say.
Of course this is a issue for mass adoption, but having the choice is important. Choice to retain your right to privacy, that comes first, logically and temporarily, than (mass) adoption.

Coyster
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 612


Bitcoin requires responsibility, know that!


View Profile
August 25, 2020, 02:29:12 PM
 #6

Having read through both articles (actually, it’s not that long a read), I keep falling back to reflect on the technicalities one needs to know and manage, in order to (try to) comply with Bitcoin Privacy best practices.
The article also highlights this:
Quote
Remember: Privacy loves company.
That is to say, it's not only about knowing the technicalities, but how large a chunk of Bitcoin users are ready to use, implement and manage it, I agree with the "privacy loves company" quote, imo, for the importance of privacy to be chiseled in the minds of a lot of Bitcoin users, there has to be quite a large number of users taking the responsibility of not losing their privacy. But atm, the larger number seems to be okay with the "red herring" that it's fine if their identities are linked through KYC and their banks, as they aren't scammers per se.

███████████████████████████
█████████▀▄▄▄▄▄██▀▀████████
█████▀▄█▀▀▄▄▄▄▄▄▄▀▀▄▄▀█████
████ █▀▄███████████▄▀██████
███▄█ ███████▀ ██████ █ ███
██▀█ ███  ▀▀█  ▀██████ █ ██
██ █ ████▄▄      ▀▀▀██ █ ██
██ █ █████▌        ▄██ ████
███▄█ █████▄▄   ▄▄███ █▀███
████▀█▄▀█████▌  ▀██▀▄█ ████
█████▄▀▀▄▄▀▀▀▀   ▄▄█▀▄█████
████████▄██▀▀▀▀▀▀██████████
███████████████████████████
        █▄
  ▀▀█▀█▄▄█ ▄ ▄▄▄
   ▄▄▄▄▄████▄▄
 ▄▀▀ ▀▄██▄▀▀▀█▄
    ▄████▌▀█▄  ▀
    ▀▀
█▌  █
     ▄  ▀

    ▄
    █
    ▄▄▄▄▄█▀▀██
   ████████████▄█████
 ▄███████████▄████████████▄
 █████████████▄█████▄███████▄
█████████████████████████████

‎ ★
▄▄███████▄▄
▄█████▀█▀█████▄
████▀▀▀ ▀ ▀▀█████
███████  ██  ▐█████
███████      ▀█████
███████  ███  █████
████▄▄▄   ▄▄▄████
▀█████▄█▄█████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀
▄▄███████▄▄
▄██████▀██████▄
███████▀ ▀███████
███████     ███████
██████▄     ▄██████
██████▄▀▄▄▄▀▄██████
██████▄   ▄██████
▀██████▄██████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀
▄▄███████▄▄
▄█████████████▄
███████▌ ▐███████
████████  █████████
█████▀▀   ▄▄███████
███████  ██████████
█████▌      ▄████
▀█████████████▀
▀▀███████▀▀

▄▄▄▄▄▄▄
▀▀███████▀▀

‎ ★
      ▄▄██▄█▄        ▄██████▄
   ▀██████████▄     ██████████
      ▄▄▄▄▄     ▐██████████▌
   ▄███████████▄   ██████████
  ████████████████▄  ▀███▀▀▄██▄
     ▀▀█████████████  ▀██████████▄
          █▀▀▀▀▀▀▀▀▀
         ▐▌
         █
        ▐▌
        █       ▄▄▄▄▄▄
   ▄▄▄▄██████████████████▄▄▄
▄█████████████████████████████▄▄▄▄
..PLAY NOW..
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
September 23, 2020, 12:15:57 PM
 #7

Gentle reminder by Giacomo Zucco:

Quote
Facts:
- every Bitcoin transaction is technically a "mixer", thus you *can't* use Bitcoin without using "mixers";
- using privacy best practices & then selectively disclosing, if needed, cryptographically provable trails, is always superior to *not* using privacy best practices.
https://twitter.com/giacomozucco/status/1308136387338739713?s=20

Quote
(translation: use CoinJoin, PayJoin, CoinSwap and pass through Lightning whenever you can; never reuse addresses or consolidate targeted (KYCed) UTXOs with safe UTXOs; avoid KYC purchasing & spending whenever possible!!!)
https://twitter.com/giacomozucco/status/1308137147346628608?s=20

Privacy is important.
Don't be lazy and don't do the error of facilitating weak heuristic enforced by chain analysis company using sub-par practises.

Karartma1
Legendary
*
Offline Offline

Activity: 2282
Merit: 1388


Be Revolutionary or Die Trying


View Profile WWW
September 23, 2020, 04:09:54 PM
Last edit: September 23, 2020, 04:21:02 PM by Karartma1
 #8


Don't be lazy and don't do the error of facilitating weak heuristic enforced by chain analysis company using sub-par practises.

In Europe, under AMLD5, if one has to use whatever exchange to go in and out of fiat then expect to be asked for the infamous source of funds.
If we are talking peanuts there shouldn't be many problems but for large sums expect to be scrutinized like hell.
I believe all our privacy tools are good only into the bitcoin world: if we do real p2p btc txs or if we use the LN, for instance. The moment we link that to the fiat world, unfortunately, all those checks are inevitable.
Exchanges do real-time monitoring nowadays and every tx is flagged: they mixed analytics services and chain analysis tools to understand where your btc have originated in the past. If there's no link between your documentation and their analysis, game over.

tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges.


You can find more in the thread where this got discussed https://bitcointalk.org/index.php?topic=5064006.msg54587031#msg54587031

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
September 23, 2020, 04:23:55 PM
 #9


tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges.

I know.
This is the core point of the question: exchanges are required by a law to do forensic analytics on your transaction before the transaction with them, or even after you exchange with them.

This is detrimental to everyone right of privacy.
What would happen if everyone would use coinjoin or pay join while using their wallet? Those requirements would be inapplicable and the government would stop, for the sake of business, asking stupid or dangerous questions.

 

Karartma1
Legendary
*
Offline Offline

Activity: 2282
Merit: 1388


Be Revolutionary or Die Trying


View Profile WWW
September 24, 2020, 06:22:33 AM
Merited by fillippone (2), DdmrDdmr (1)
 #10


tl;dr Privacy tools are fantastic, but don't expect them to be useful when you want to cash out from exchanges.

I know.
This is the core point of the question: exchanges are required by a law to do forensic analytics on your transaction before the transaction with them, or even after you exchange with them.

This is detrimental to everyone right of privacy.
What would happen if everyone would use coinjoin or pay join while using their wallet? Those requirements would be inapplicable and the government would stop, for the sake of business, asking stupid or dangerous questions.

Do you know what's the real issue here? People are in for the money, not the tool. Tell me how many average Joes you know that could explain you how Bitcoin works in details. If you are lucky, they probably have bought their first btc on coinbase or else and they keep them in there.
I think that privacy and freedom are two of the main reasons I am here but not everyone sees bitcoin that way. At least this is the way I see it.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
September 24, 2020, 07:44:48 AM
Merited by Karartma1 (1)
 #11

<...>
Do you know what's the real issue here? People are in for the money, not the tool. Tell me how many average Joes you know that could explain you how Bitcoin works in details. If you are lucky, they probably have bought their first btc on coinbase or else and they keep them in there.
I think that privacy and freedom are two of the main reasons I am here but not everyone sees bitcoin that way. At least this is the way I see it.

Bitcoin is a difficult topic at the crossroad of many different fields of human knowledge. Everyone approach this subject from their favourite angle (be it investment opportunity, scalping tool, un correlated financial asset, privacy MoE, Fiat collapse hedge or any other use thesis).

So I think it is legitimate people approach bitcoin in what could look to “us” as a naive way. This is a “static” picture of the situation. What is relevant to me is the “dynamic picture”: the important thing is how many people stay on the surface of bitcoin (like leaving their coins on the exchange, for example) compared to how many are actually going down in the rabbit hole.
Bitcoin needs spreading of knowledge to empower each user the full array of possibilities granted by bitcoin for he first time in history. Ths is the ultimate goal.

Karartma1
Legendary
*
Offline Offline

Activity: 2282
Merit: 1388


Be Revolutionary or Die Trying


View Profile WWW
September 24, 2020, 12:26:55 PM
Merited by fillippone (2)
 #12

<...>
Do you know what's the real issue here? People are in for the money, not the tool. Tell me how many average Joes you know that could explain you how Bitcoin works in details. If you are lucky, they probably have bought their first btc on coinbase or else and they keep them in there.
I think that privacy and freedom are two of the main reasons I am here but not everyone sees bitcoin that way. At least this is the way I see it.

Bitcoin is a difficult topic at the crossroad of many different fields of human knowledge. Everyone approach this subject from their favourite angle (be it investment opportunity, scalping tool, un correlated financial asset, privacy MoE, Fiat collapse hedge or any other use thesis).

So I think it is legitimate people approach bitcoin in what could look to “us” as a naive way. This is a “static” picture of the situation. What is relevant to me is the “dynamic picture”: the important thing is how many people stay on the surface of bitcoin (like leaving their coins on the exchange, for example) compared to how many are actually going down in the rabbit hole.
Bitcoin needs spreading of knowledge to empower each user the full array of possibilities granted by bitcoin for he first time in history. Ths is the ultimate goal.


I spent countless night hours to study the Bitcoin protocol, I know what you mean. Elliptic-curve cryptography, economics, game theory, distributed systems, networking etc. are only a few of the topics I had to put my head on Grin
Everybody will approach bitcoin from their respective angle but, sure as hell, I am here for freedom!  Smiley

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
November 12, 2020, 02:48:39 PM
Last edit: December 08, 2020, 11:46:19 AM by fillippone
Merited by DdmrDdmr (2)
 #13

A very interesting resource on privacy and why it matters for bitcoin:


Bitcoin Privacy Guide
bitcoinprivacy.guide


Quote
Intro
We won’t beat around the bush. Bitcoin privacy is not easy, especially for newcomers. There are many pitfalls in which you can trip yourself up. This site is designed to walk you through the basic steps to gain a good level of privacy when interacting with the Bitcoin network. These steps are written in a deliberate order to ensure that those starting from absolute zero give themselves the greatest privacy opportunity from day 1. If you are already a bitcoiner, but after reading this feel that you have missed or done something wrong, fear not, the best time to start taking steps to improve your privacy is now.

Bitcoin privacy is a spectrum that is constantly shifting with different protocol changes, wallet or node features, and regulatory frameworks. However, there are some core principles that are likely to remain unchanged for the foreseeable future and we aim to walk you through those here. Please do not feel the need to implement all of these from day 1. Think of this site as your Bitcoin privacy toolbox, work on adding to it slowly over time as you gain understanding.

Let’s get started!

  • Table of Contents
  • Sourcing your Bitcoin
  • Securing your Bitcoin
  • Segregating your Bitcoin
  • Scrutinising your Bitcoin transactions
  • Separating your Bitcoin from its past
  • Safeguarding your Bitcoin
  • Spending your Bitcoin
  • Supplementary tools


A really interesting collection of resources and thought provoking guidelines to preserve your most precious assets: Bitcoin and Privacy.

20kevin20
Legendary
*
Offline Offline

Activity: 980
Merit: 1325


Powerful promotion strategy https://bit.ly/3cRVjFi


View Profile
November 14, 2020, 11:31:01 AM
Merited by fillippone (2)
 #14

A very interesting resource on privacy and why it matters for bitcoin:

Bitcoin Privacy Guide
bitcoinprivacy.guide
This is awesome. I wish I had this website back when I started using BTC, or that such info would be available on the bitcoin.org website somewhere very easy to find.

The resources on BPG are great; I like how the website is very simplistic, requires no JS for fancy visuals yet you can still get the information you need. One particular thing I love about it is that it shows steps easy to understand for complete beginners or more advanced users. Privacy and Bitcoin should be like a married couple, and I'm happy to see that some people care.

.
..R A Z V A N_B T C..
|||
B U Y I N G
       ▄██████▄
   ▄███  █  ███▄
  ███           ████
█████  ███   ████
█████         █████
█████  ███   ████
  ███            ████
    ▀███  █  ███▀
       ▀██████▀
       ▄███▀███▄
   ▄████░░████▄
  ████░░░░░████
████░░░░░░░████
███░░░░░░░░░███
█████░░░░░█████
  ██▄░▀█▄█▀░▄██
    ▀███▄░▄███▀
       ▀██████▀
      ▄███████▄
   ▄██            ██▄
  ████▀▀  ▀▀████
███▀▄██  ██▄▀███
██▄▀███  ███▀▄██
████▄▀▀  ▀▀▄████
  ██████  ██████
    ▀████▄████▀
       ▀██████▀
       ▄███████▄
   ▄██████████▄
  ██  ██████  ███

██    ████    ███
██  ██  ██  ██  ███
      ███    ███
  █████████████
    ▀█████████▀
       ▀██████▀
F O R 
.USD EUR RON.
|||       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████████████▀▀▀█████▄
▄████████████▀▀     ██████▄
█████████▀▀   ▄▄▀   ███████
██████▄    ▄▄█▀    ████████
█████████▄██▀      ████████
▀██████████▄▄    ████████▀
 ▀████████▄█████▄████████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
.SELL NOW.               ██████
        ██                  ██

  ██        ▄██████▄      ██
           ▄████  ████▄
██     ███           ████     ██
██   █████  ███   ████   ██
██   █████         █████   ██
██   █████  ███   ████   ██
         ███            ████
 ██      ▀████  ████▀      ██
              ▀██████▀
     ██                        ██
             ███████

        ▄▄▄▄▄▄▄▄▄▄▄▄
            ████████
               █████
                 ███
lovesmayfamilis
Legendary
*
Offline Offline

Activity: 1078
Merit: 2034


✿♥‿♥✿


View Profile WWW
November 14, 2020, 01:23:42 PM
 #15

A very interesting resource on privacy and why it matters for bitcoin:


Nice site, it is possible to read everything step by step. For newbies, this is a huge help in not rushing from side to side for information. The absence of distracting advertisements and pictures makes it possible to focus on incomprehensible moments. I will not say that this site completely covers all the information, but it is perfect for the first steps of acquaintance. Link redirects also provide meaningful information.
The site is quite new, and I want to believe that all the information that is published on it will be updated on time.

Code:
Registry Domain ID: ef198f56a5904ba1be6ad2bab50f8671-DONUTS
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: https://www.namecheap.com/
Updated Date: 2020-10-08T15:33:28Z
Creation Date: 2020-10-03T15:32:30Z

Thank you, Fillippone Smiley

Gives an error here


http://bitcoin%20privacy%20guide/





.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
November 16, 2020, 02:28:33 PM
 #16


Thank you for pointing out the broken link, It has been fixed now.

fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
March 04, 2021, 11:35:26 PM
Merited by DdmrDdmr (1)
 #17

I just saw this on Twitter:


https://twitter.com/6102bitcoin/status/1367376460214853632?s=21

Beware of those exchanges behaving in a privacy-aggressive way toward their users, and chose wisely which shall see your transactions.

fillippone
Legendary
*
Offline Offline

Activity: 1148
Merit: 6111


Merit Rascal wannabe Merit Cycler


View Profile
March 05, 2021, 11:29:31 AM
 #18

As per Coinjoin Flagging activity, there is this nice website:

CoinJoin Flagging

Quote
Introduction
There is a huge effort underway to discourage bitcoiners from making CoinJoin transactions.

This is a coordinated effort which involves many large exchanges, analytics companies and no doubt sell out bitcoiners.

Don’t be coerced into giving up your privacy.



Also fount a few interesting infographics:







https://twitter.com/6102bitcoin/status/1367604222473175041?s=20


Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!