It’s interesting to me that so many on HN insist on the value of privacy, but are hostile to financial privacy.
To quote Edward Snowden: ”The central property of cash is fungibility—meaning a dollar spent by a plumber is honored equally to one spent by a sex worker: they are indiscriminable. Adversarial chain analysis of Bitcoin's public ledger reduces its fungibility over time. Only privacy guarantees fungibility.”
To quote Edward Snowden: ”The central property of cash is fungibility—meaning a dollar spent by a plumber is honored equally to one spent by a sex worker: they are indiscriminable. Adversarial chain analysis of Bitcoin's public ledger reduces its fungibility over time. Only privacy guarantees fungibility.”