Cryptocurrency: Evolve Yourselves Beyond the Central, re Recovery Traceability WarOnCash Privacy

[grarpamp]

> recovery sparks debate on Bitcoin traceability

Bitcoin-BTC is public ledger with soft privacy dependent on
its users not infringing each others privacy. Only hard crypto
privacy can break and inoculate against the infringement weakness.
Since most of its users today still use it in woefully non private
and infringing fashion, they and it remain privacy weak for everyone,
that is not expected to change, nor will BTC ever update to privacy
anytime in the next 0-5 years or longer.

The "debate" is also faux, a FUD injection, launched by
legacy interests who desperately want crypto to fail so that
they can remain in power and mind and money control over you.

Public ledger is *not* a requirement of cryptos... all any privacy
ledger/coin needs, whether strong cryptographic or bit-equivalent
mix or ZK or any other method, is an *equivalent level* of
formal assurance over the code and operational scenarios such
that one can assert that its issuance, consensus, etc will
work just as well as any public coin does. So long as the
level of formality effort and expense you allot to analysing both
public and private ledgers/coins does accurately estimate and
target sufficient equivalency and assurance levels and safety
margins between both of them, you're good to go. In fact this
analysis is already done when designing public coins... privacy
coins are no different.

Further, the entire cryptocurrency ecosystem has and continues
to use its normal market discovery mechanisms of pricing,
adoption, asset allocation, trading, exit, and write-off... to account
for all such risks of failure that might come from mis-estimations
of equivalence. Both are the same here too.

The only real difference between public and private is that
the "only public can work" argument is a mind game that
comes from the same legacy FUDsters that especially hate
the power that privacy ledgers/coins will bring to the masses.

So enhance and trust your formal analysis capabilities, not
their FUD. Then launch privacy and freedom to the world.


> "mixing" things between wallets is just silly -- computers
> can unwind all that in a millisecond

So you're saying that is the result of your survey audit of...
swaps, CoinJoin, JoinMarket, CashShuffle, CashFusion
plus all the rest of the deployed mix tech that is out there?

And of Monero-XMR's style of obfuscation?

And of all the various families of statistical
"mix" based privacy systems?

Then of the traditional and new crypto based privacy systems...
say perhaps started with ZCash-ZEC,
homomorphic zero knowledge encryption, etc?

Ledger/Coin privacy are now a very active field of research.

Lots of privacy enabled coins are being launched.

Here's a fun one of many for you to review... Pirate_Chain-ARRR ;)
https://pirate.black/


> it's *easier* for the FBI to unwind your laundering via BTC than normal
> banks, because normal banks *have shitloads of privacy protections and
> subpoena requirements that BTC doesn't*.

That's nothing but rubberstamped swiss cheese, now aged
to near perfection with highway robbery via civil forfeiture,
national bail-ins, arbitrary cancellation, censorship, and more.

Privacy in money also helps millions of impoverished
people keep the meager fruits of their labor, and donations
received, so they can feed themselves instead of having
their thin marginal existence fee'd stolen and taxed away
into the coffers of the kings and tyrannical democracy.
With gold and fixed issuance cryptos testing the
inhibiting of their losses due to kings inflation too.

"Laundry" "Evasion"... terms hypocritically used by
Luxurious Kings to continue propping themselves up
via theft, taking all but the bread rations of the people
for themselves, paying for the occaisional Circus Rally,
and now, not free as in freedom but "Legalized" Marijuana,
to keep them happy, stoned, and subservient... blissfully
unaware of what banks and fiat in general are doing to them.


> the only way to truly do anonymous transfers is by meeting up in person to
> exchange cash for a keydrive containing a wallet private key

Offline physical tx a bit extreme, but you still need a live network
connection to verify the key you were physically passed
still holds any value on the ledger before you leave the tx.
And your face is often less anon than the network is.


> really no better on the privacy/convenience spectrum than just handing
> someone a suitcase of gold.

Metals are elements whose weight and volume does not exactly
scale effectively with the carrying capacity of your pocket.
It's also not safely transmissible over distance without exorbitant
security cost, and its second layer solutions such as hawala carry
their own risks, and storage providers rob you with fees.
Assayment situations... problematic.

Hardware wallets fail unless you kept paper physible backups,
which you can't if the HW prevents you from importing, exporting,
duplicating the private keys.

Seeds sworn by vendors are as much fail as RSA_SecurID,
as risky as Casacious, and webwallet js code, and all your
closedsource wallets and Windows and CPU's are.

GovCorp war and telecoms and censors and banks
and exchanges gratuitously shut down you and
your internet tubes.

Crypto gets fried by EMP dazzle and solar flares, but then
you've got far far worse problems that even gold is unlikely
to solve.

Metals markets option skewed, papered, and derivatived
same as much crypto and DeFi is.

Gold, silver, crypto, chickens, fiat... all have tradeoffs.

It's a race condition... which among them will both defeat
the risks and yield freedom, solutions to the problem, sooner.

Best diversify, and invest more time eradicating the problem.

CBDC's, Fiat-DC's, GovCorp-DC's are also here now, and
their oppressive power and control over you is not a joke,
it is expected they will forcibly apply them soon.
You must defeat them.


> data is still stored permanently on the blockchain

Permanent ever growing storage on blockchains, is a waste and
a massive privacy exploit risk that also needs evolved past.
Consider developing distributed unspent state databases,
updated by consensus mechanisms, pull forwards, checkpoints.
Lots of room to explore many different new ways.


> If you have a mapping of "human identity to wallet"

Any "privacy" in Bitcoin-BTC comes only with signficant critical
masses of addresses you interact with out to N-degrees of
freedom entirely refusing on privacy principle to record any
identifiable data alongside the addresses and transactions.
This second layer recordkeeping exploit is far too widespread.
The mass includes all people, and merchants composed of people,
and especially legacy crap like exchanges and now the massively
central "De"Fi hubs... both functions you should instead be doing in
your communities spreading peer-to-peer across the world.

Obviously privacy coins forcibly breakdown not only the
public hole, but the recordkeeping datahoarding mindset
you've been programmed to wage against freedom and free
human beings, including against yourself. That breakdown
among your neurons is a good thing, feel the burn.

Most too new to have seen all the freedom trading in IRC.

Now there are more free options, meetups in every big city
with miners who have bills to pay, and traders and defi that
seek investment, liquidity, price discovery.
Many hundreds of people now in each of the world's
top 1000 cities more than willing to spend an evening
out in crypto meetup groups. Find them, have fun.
Better spreads, often zero just on principle between
free and agreeable human beings, are available there,
simply because the skim stolen in MITM attack on you
by the unnecessary redundant legacy wasteful central
thieves known as exchanges and banks don't exist there.

But instead, you idiots keep sitting at home signing your ass
up to centralized privacy killing exchanges and investment
banks, injecting all their and the Govts KYC-AML FUD
programming further straight into your brains, getting all
your submitted data metadata id balance and tx info bought,
sold, given, hacked, mainlined straight to the control state.

By you not going out and establishing local meetups,
free trade routes, distributed local markets, you are literally
perpetuating and enslaving yourselves and everyone else
to those central control structures over you.

Privacy coins are powerful, but you can't get there
without meeting up and talking about why, and why
humanity has always and will always need privacy,
and therefore why the current anti-privacy fad is
a freakish unwanted dystopia in the making.


> recovery

BTC is non-PQC, and uses a curve that people still debate...
https://crypto.stackexchange.com/questions/68269/does-secp256k1-have-any-known-weaknesses
https://safecurves.cr.yp.to/

But the Colonial "recovery" was most likely just another
subpoena to an exchange, a brainwallet, exploit NIT,
bad random device or wallet implementation, opsec, etc.
Basic bitch shit held out as grand secrets and methods
by them for FUD and political gain.

You're only hurting your knowledge by refusing to do the
"how" analysis across all the public and FOIA case files,
by refusing to ask all the prisoners how they think they
got jailed, and refusing to publish the results for the world.
If you can gather and process all the info, the answer is
most likely there in plain sight. Power counts on you not
doing the work to find and expose it.


> Wallets are often associated with many identities, e.g. in exchanges.

Lots of places oversubscribe addresses, that obviously only
works because it's backed by storing the corresponding tx
and balance accounting data in literally forever corporate
databases that are laughably trivial to subpoena and raid.
There's zero privacy advantage there.

The way to evolve beyond that is for renegade cryptopreneurs to ditch
the regulatory environment by deploying new anonymous exchanges
on the encrypted overlay networks. And for all the existing and new
surface exchanges to move to and work at privacy in whatever
jurisdictions in the world still have any freedom friendly left.

And to keep developing and launching new cross-coin DEX,
general purpose markets, etc on or accessible to and
interfacing with those overlay distributed p2p networks.

And for you to also go local and peer-to-peer.

The privacy "news", that most all of today's cryptos suck at privacy
compared cash and gold and even banks... that colossal new and
net loss therein of one of the requisite features of humanity, and even
by extension money, called "privacy"... that obviously being the
fully intentional outcome of the Global War On Cash to further
entrench power over you... rightly just helps drive more awareness
and demand for distributed privacy coins and all that tech, and
to dismantle the fad ecosystem of anti-privacy-is-good proselytized
and programmed into you of late by those very same powers.

https://www.youtube.com/watch?v=-wntX-a3jSY TMYTYG

The battle for crypto, discovering routes around oppression,
seeking freedom, requires action hardly in cyberspace,
but in slogging through the trench warfare of meatspace,
and in freeing your own mind from its former program load.

Eventually distributed crypto, privacy, real money, and freedom will win.
It's just a matter of time.
And you have a role to play in making it happen.

So get yer boots deep up in that mud.