Bitcoin Q&A: Will Governments Let Privacy Coins Exist?

3 years ago
10

On the benefits and challenges with upcoming privacy improvements to Bitcoin. What do you think about Snowden's comments on privacy in Bitcoin and open public blockchains? What are unspent transaction outputs (UTXOs)? Can you re-anonymise UTXOs from KYC exchanges like Coinbase, by participating in a CoinJoin through wallets such as Wasabi or services such as JoinMarket? Can you use Schnorr signatures do UTXO consolidation? Will governments continue to let privacy coins exist? Will confidential transactions be censored? What will kickstart the evolution towards more privacy and anonymity? Could private transactions be indistinguishable from "normal" transactions? What is the launch schedule for privacy improvements (Schnorr signatures, Taproot, Graftroot)?

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