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A comment on Tether: The Story So Far. Parent comment
It’s pretty easy to make bitcoin transactions anonymous.
1. Wasabi Wallet runs over Tor and has built-in support for CoinJoins: https://wasabiwallet.io
2. Samourai Wallet has Whirlpool, another mixing technology, among other security features: https://www.samouraiwallet.com/features
3. You can skip the usual exchanges and use Bisq for peer-to-peer trading over Tor, including selling BTC for fiat: https://bisq.network
4. Lightning network (a layer 2 network on top of Bitcoin) has exploded in popularity; it’s also a major privacy win for transactions: https://medium.com/breez-technology/lightning-network-routin...
Most wallets nowadays don’t let you reuse addresses; even with plain vanilla Bitcoin transactions, this makes it much more difficult to link an identity with a Bitcoin transaction.
And this is before Taproot and Schnorr signatures are added to the Bitcoin protocol in the not too distant future: https://blog.bitmex.com/the-schnorr-signature-taproot-softfo...
There's more but the point should be clear: it’s actually fairly easy to dramatically increase the anonymity of bitcoin transactions.
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It’s pretty easy to make bitcoin transactions anonymous.
1. Wasabi Wallet runs over Tor and has built-in support for CoinJoins: https://wasabiwallet.io
2. Samourai Wallet has Whirlpool, another mixing technology, among other security features: https://www.samouraiwallet.com/features
3. You can skip the usual exchanges and use Bisq for peer-to-peer trading over Tor, including selling BTC for fiat: https://bisq.network
4. Lightning network (a layer 2 network on top of Bitcoin) has exploded in popularity; it’s also a major privacy win for transactions: https://medium.com/breez-technology/lightning-network-routin...
Most wallets nowadays don’t let you reuse addresses; even with plain vanilla Bitcoin transactions, this makes it much more difficult to link an identity with a Bitcoin transaction.
And this is before Taproot and Schnorr signatures are added to the Bitcoin protocol in the not too distant future: https://blog.bitmex.com/the-schnorr-signature-taproot-softfo...
There's more but the point should be clear: it’s actually fairly easy to dramatically increase the anonymity of bitcoin transactions.