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To a degree, yes. Depends on how you acquire BTC (i.e. through a service that is forced to use some kind of KYC or non-KYC p2p purchases). You can also send BTC you've acquired through coin-join services to further obfuscate chain analysis, if that matters to you. In the end, the bitcoin network is a publicly auditable, but immutable, ledger. Not unlike USD, people can choose to interact/use it in various ways that suits their comfort for privacy, though there will be tradeoffs (i.e. you can try to use cash for everything, but there are obvious convenience tradeoffs). For me, privacy is secondary. The inability to inflate the supply (digital scarcity) of a digital commodity that you can take complete self-custody of, as a bearer asset, is what is revolutionary. In a world of fiat currencies that are constantly being debased at the whims of the political/elite class to fund their endless wars, pet projects and junk science/academia, this is most critical. This is a good place to start learning: swanbitcoin.com/canon/b… The rabbit hole is deep, but I encourage everyone to try and understand it, for our sake and the sake of the global south and future generations.

Mar 24, 2023
at
4:01 AM

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