Is Off-Chain Transacting for Privacy a Good Idea?

Adam Smith: How much merit do you think should be put on off-chain transacting for privacy? He asks if we start to get, as you mentioned earlier, we just can't do everything on-chain with space in the blocks. Is there something that lacks with this model of having privacy off-chain in the main security of Bitcoin if we just have a few main settlement payments going back to Bitcoin? Satoshi Nakamoto: The question is, how does it scale beyond a certain point?

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