6min chapter

Bitcoin Rapid-Fire cover image

Coinjoins, Blacklists, Softforks, & The Beginning of Civilization w/ Max Hillebrand

Bitcoin Rapid-Fire

CHAPTER

What Are the Main Threats to Privacy?

The main threats to anonymity in Bitcoin are global, not local. The price of being an active adversary is very high and often unconfirmed. It's difficult to assess how much privacy a user needs based on their use case or what they're trying to protect themselves against. If we have an adversary that can see the entire Tor network and deanonomized the entire traffic, there will be no way to prevent it.

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