Satsie joins us to talk about Bitcoin privacy fundamentals. We cover why Bitcoin isn't anonymous, essential privacy practices like avoiding address reuse and hardware wallet shipping risks, the importance of running your own node, and advanced tools like PayJoin transaction batching and silent payments for enhanced on-chain privacy.
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**Notes:**
• Bitcoin requires KYC through exchanges
• Address reuse is "really, really bad"
• Hardware wallets shipped to homes create risk
• PayJoin needs 5% network adoption minimum
• Node sync takes "couple days" currently
• Silent payments require blockchain scanning
Timestamps:
00:00 Start
01:24 Who is Satsie?
04:24 How private is Bitcoin?
06:06 Privacy is hard
07:58 Basic BTC privacy techniques
10:50 VPNs
11:57 Running a node
15:13 You are using somebody's node
17:28 What is Payjoin?
19:59 When would we use Payjoin?
21:10 Payjoin adoption
22:45 Multi-party Payjoin
23:54 Silent Payments
27:16 Current US privacy regulations
29:00 Soft forks
31:06 Resources
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Published on 16 hours ago
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