CD30: bitcoin privacy and the danger of KYC with @samouraiwallet and @openoms from Citadel Dispatch

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CD30: bitcoin privacy and the danger of KYC with @samouraiwallet and @openoms

2 hour 56 minutes Posted Jul 13, 2021 at 12:22 am.

The impact of China's actions on Bitcoin mining

Introduction to the podcast episode

The dangers of KYC and the importance of privacy

The strategy of Samurai Wallet in providing privacy tools

The importance of post-mix tools and standardization

Civil resistance in Bitcoin implementations

Civil resistance in Whirlpool

Comparison of JoinMarket and Whirlpool

Whirlpool's attempt to mitigate the issue of multiple pool sizes

Toxic change and the rule of thumb for pool sizes

The impact of adding or removing pool sizes on liquidity

Integrating Whirlpool into other wallets and the benefits

The potential of BIP 47 payment codes (PayNIMs)

The discouragement of BIP 47 adoption and the reasons behind it

The expectation of a sustained high fee environment and its impact on usage

The future of Bitcoin in a sustained high fee environment

Bitcoin payments and Lightning

Benefits of spending via Lightning

Privacy issues with Bitcoin

Challenges for Lightning adoption

Importance of tools for Bitcoin privacy

Wrap-up and appreciation

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EPISODE: 0.3.0

BLOCK: 690746

PRICE: 3047 sats per dollar

TOPICS: bitcoin privacy, danger of KYC, whirlpool, joinmarket, wasabi, paynyms, lightning, custodial exchanges, fee market, medium of exchange vs store of value

@samouraiwallet: https://twitter.com/samouraiwallet

@openoms: https://twitter.com/openoms

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