Quote from: BuyBuyBitcoin on March 06, 2019, 12:26:21 AM

Quote from: deisik on January 26, 2019, 11:51:41 AM

Quote from: squatter on December 29, 2018, 10:32:05 PM

Quote from: BuyBuyBitcoin on December 29, 2018, 06:36:12 PM

Quote from: squatter on December 29, 2018, 08:21:17 AM

Bitcoin can't and won't integrate most features (including private/confidential transactions) for political reasons.

Do research before ignoring wasabi wallet and mixers that have existed for years. The privacy of bitcoin isn't part of the protocol (yet) but that doesn't mean privacy options aren't available and increasing.

These don't compare to mandatory private transactions at the protocol level like Monero. Enforcing privacy at the protocol level would require a hard fork and would deteriorate Bitcoin's public and transparent ledger. That's extremely controversial and will therefore never happen without a network split

Somehow missed this interesting part

It is not only the requirement to hard fork that will hurt Bitcoin in case someone decides to add more privacy to it. We all know what happened to ZCash. I'm not very technically familiar with it, but as far as I know, it is basically a Bitcoin fork with more privacy in mind. And this privacy backfired heavily as a few regulated exchanges were forced to remove it because its transactions were hard to trace. Now imagine the same thing happening to Bitcoin once we have a similar feature introduced to it. So it is a double-edged sword of sorts

Mimblewimble doesn't require a fork and is one of multiple solutions that are expected over the next decade.

Since we are only 10 years old in bitcoin, the need for privacy on bitcoin hasn't been a huge concern yet. If it were, the privacy coins would show more users and adoption, while bitcoin can still add sidechain and 2nd layer solutions at any point

I technically agree with this part

But we should take a deeper look and try to understand why privacy is not a big concern (or a concern at all). I have two perspectives on this. First of all, people are using cryptocurrencies for speculation mostly (that's kinda common knowledge but still worth mentioning in this context), and when you are using an exchange for trading, privacy is not what you typically look for or care about (apart from all coins necessarily being in the same league there by definition)

Further, there is a deeper paint to this as the majority of people (and that would be like 99% as I'm inclined to think) don't need the level of privacy that coins like Monero, ZCash, etc offer. These people are quite satisfied with what Bitcoin already has in this department (without any mimblewimble). I could even go so far as to say that a lot people would exchange a little less privacy for a little more profit and without thinking twice at that