Several years ago. But things have probably changed a lot so I'm probably not qualified to talk on the state of things today.
What I would like to share, however, is a general caution and a friendly reminder to use good opsec.
If you're mining, you're probably aware enough to know that buying on an exchange creates a paper chain to your real identity. So it would be a shame to acquire cryptocurrency in a private manner only to then create a linkage with PII.
I would never again use bitcoin and I consider it to be the beta test of cryptocurrencies. It appears to be surging again, with 2024 as another halving event, so many individuals will probably feel drawn to try it.
Bitcoin is fundamentally broken from a privacy perspective. One must manually manage different addresses to segment out transactions, which btw are all fully visible on chain to anyone and everyone forever.
If I were to dip my toes back into cryptocurrency today, it would only be with Monero. Or maybe anything that has implemented zero knowledge proofs.
Using bitcoin feels like walking around Manhattan with a sign on your back indicating how much cash is currently in your wallet and bank account, along with all of your purchase receipts for anyone to read.
What I would like to share, however, is a general caution and a friendly reminder to use good opsec.
If you're mining, you're probably aware enough to know that buying on an exchange creates a paper chain to your real identity. So it would be a shame to acquire cryptocurrency in a private manner only to then create a linkage with PII.
I would never again use bitcoin and I consider it to be the beta test of cryptocurrencies. It appears to be surging again, with 2024 as another halving event, so many individuals will probably feel drawn to try it.
Bitcoin is fundamentally broken from a privacy perspective. One must manually manage different addresses to segment out transactions, which btw are all fully visible on chain to anyone and everyone forever.
If I were to dip my toes back into cryptocurrency today, it would only be with Monero. Or maybe anything that has implemented zero knowledge proofs.
Using bitcoin feels like walking around Manhattan with a sign on your back indicating how much cash is currently in your wallet and bank account, along with all of your purchase receipts for anyone to read.
Statistics: Posted by Uptorn — 2024-03-05 15:44