okay a bank moves money all over and has maybe a 10% cash 💰 reserve.


This just like segwit is going to allow off book 📚 transactions.

I look at the over all concept and see it making btc more like a bank/money item then a stock/commodity item.

I am not sure worldwide banking would like this. As it makes btc more threatening to them.

Personally I don’t think 🤔 Its a good idea.

But maybe its okay. It is an issue for btc to make a lot more transactions.

I think off book coin sales based on reserves of 10 percent in a given exchange are really a bigger problem

Then people realize. I think this makes it easier to do just that.

Cryptocoins are so subject to manipulation by large players and hiding all transactions behind a taproot means a multi sign wallet like coinbase or bittrex will be hidden better.



edit:  this idea below will be easier to do with taproot.


So if bittrex coinbase and hitbtc all have trackable multiple signature wallets.  taproot will hide them from us.

 then they can conspire to raise and crash coin price with very little ability to see they are doing it.

any three exchanges can do the example. or four or five.

all hiding behind taproot in the name of privacy.

So basically the idea scares me.