no. a transaction is between me and my counterparty. it isnt "a public act" unless you broadcast it to a transparent chain that anyone with Internet access can audit. there's never going to be a time where Authority just decides to NOT surveil everyone's transparent and publicly recorded transactions. it doesn't depend on the existence of fiat either, they're still coming for their taxes. even if you live completely off their radar, on a transparent chain it only takes ONE merchant doxxing you to reveal your utxo cluster. we are obviously living in an age of increasing surveillance and the normalization of a state of no-privacy. it's not debatable. they're going to map the entire utxo set. Bitcoin pseudonymity only *decreases* with time.

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JackTheMimic's avatar
JackTheMimic 1 month ago
A little primer for you on data: Public data- is data that you allow to be known by untrusted parties. Private data- is data you allow to be known by only trusted parties. Secret data- is data you allow to only be known by yourself. A transaction with a merchant is in the "public" sphere of data. I was not implying that every transaction is put in the newspaper and pushed onto people's Twitter feeds or something.