BTC146: Broken Money 2/2 w/ Lyn Alden (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Trade-off of Privacy in Bitcoin and Cryptocurrencies
Bitcoin is a better form of money despite its lack of privacy compared to Monero. While privacy coins offer more privacy, they sacrifice auditability and trust. It is more important for a network to be robust and decentralized. Privacy and Turing completeness can be added on top of a simple and audible base layer. Monero's value degrades compared to Bitcoin and it lacks liquidity, limiting its privacy. There are upcoming tools that can enhance Bitcoin's privacy, like coin joins.
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