Post
Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
BitCryptex
on 13/06/2018, 14:03:37 UTC
On-chain there basically isn't much (close to zero) privacy, but off-chain (LN's second layer) will allow you to enjoy more privacy than ever before.

I am quite interested how much it is going to affect the Bitcoin mixing services and altcoins which aim is to provide 100% anonymity. Monero seems to be the strongest one right now and I can't imagine people ditching it for the second layer solutions. It will take years for that to happen. There are still many people who believe in the full anonymity of Bitcoin on-chain transactions which is a common misunderstanding.