You're doing God's work. No, seriously, thank you for everything you do. I'm new to crypto and the stuff you put out has been most helpful and inspiring.
I know Bitcoin is the most known and used, but for privacy transactions, wouldn't be better to use proper coins built for this? Waiting for something to change in Bitcoin, isn't like to wait for a kit to change the motor of a pickup to enter in the electric car trend? Why not to buy the electric car? In the same way, could you share your concerns about Monero? Thank you, you're an example for all of us, trying to educate ourselves and the others around us.
How many in 2019 pay their employees in bitcoin with identical amounts? It seems to me these coinjoin transactions are super obvious. Wouldn’t this be a problem if an exchange saw that one of their users was using these services?
1) Taint could be for an amount of time rather than a number of transactions. 2) Taint does not have to be all coinjoins but could rather be any transaction that has been identified as theft. Say that some country figures out some coins were a donation to Isis, they could make it so that owning those coins or any coins that has shared adresess with those coins illegal/supporting terroism. This would remove incentive for using coinjoins, since you might mix with illegal. Overtime you could expand the number of illegal coins, creating a white and black market for bitcoins where one part is AML/KYC:ed and probably a lot higher in demand, since it's the only one instituions can invest in, allowed to use to purchase from companies etc. And another that is borderless, censorship resistant, open etc. This is what I would do if I tried to kill bitcoin. It doesn't have to be illegal everywhere to make a difference, only a few big markets would send the signal.
@@LarsLarsen77 I don't think this is true, they could start with making a law that prohibits dealing with tainted coins, then use corts to declare certain coins illegal from there and forward. First it might be just one bitcoin from there and forward but over time more and more coins will be declared illegal. No one in their right mind would mix their legal coins woth illegal ones.
@Andreas: Thanks Andreas. As you usual you're very valuable. I've a question and not sure if it is the right place to ask here, but i would appreciate it if you could make a new video for it. My question: Do you think hardware wallets (i.e. Ledger, Trezors) have the ability to find out your current balance, history of transactions , or freeze your funds from their end?. For example, you purchase a hardware wallet and they have a record with your name and the HW code ID associated with your name. In case the HW company want, or insider employee, or government force the company to pull out your activities/history of transactions on your HW and freeze your fund, is that possible?
I would REALLY love you to have a Debate with Peter Schiff, he is very arrogant when it comes to Bitcoin i would really want someone to prove him wrong.
