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PRIVACY IS NECESSARY FOR AN OPEN SOCIETY IN THE ELECTRONIC AGE | Rabbit Hole Recap #302

Rabbit Hole Recap

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Bitcoin Transparency and Controversial Mining Schemes

This chapter delves into the transparency and security benefits of Bitcoin for transactions like payouts, donations, and treasury records. It also discusses the development of a new platform called Blossom and debates a controversial mining scheme that involves whitelisting miners based on ESG preferences or transaction fees. The conversation explores the complexities of mining pools, risks associated with whitelisting, and criticism of KYC procedures in combating illicit activities.

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