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BITCOIN SEASON 2: What the Samourai Case Means for the Future of BTC Privacy

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Manage episode 482737541 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Seth for Privacy breaks down the Samurai Wallet legal case, Bitcoin's current privacy limitations, and solutions like Silent Payments and Payjoin V2. He discusses the government's attack on privacy tools and why Monero offers better privacy by default.

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com

Seth for Privacy, VP at Cake Wallet, joins us to discuss the ongoing Samurai Wallet legal case and its implications for Bitcoin privacy. Seth explains how the DOJ's prosecution of Samurai developers threatens the entire crypto privacy landscape, despite FinCEN's admission that self-custodial wallets shouldn't be regulated as money services. He breaks down Bitcoin's current privacy limitations, highlighting promising technologies like Silent Payments and Payjoin V2, while candidly addressing why Monero offers superior privacy by design. Are we re-living through the same cryptography battle we fought in the 90s?

Follow our guests: @Sethforprivacy

Notes:

- Samurai indicted April 24, 2024, despite self-custody

- 98% conviction rate in Southern District of NY

- DOJ hid key FinCEN evidence from defense

- Silent Payments gives one reusable static address

- Payjoin V2 coming to Cake Wallet this week

- Bitcoin privacy tools fighting transparent design

Timestamps

00:00 Start

01:04 Samurai wallet legal case

06:30 Jurisdiction & charges

11:59 How significant is this case?

16:28 Arch Network

17:00 Current privacy on BTC

19:47 Silent payments

21:54 Payjoin V2

24:43 Privacy tech limits of BTC

27:42 Privacy soft forks

32:51 Future of oh-chain privacy

37:31 OP_RETURN debate

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

3347 episodes

Artwork
iconShare
 
Manage episode 482737541 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Seth for Privacy breaks down the Samurai Wallet legal case, Bitcoin's current privacy limitations, and solutions like Silent Payments and Payjoin V2. He discusses the government's attack on privacy tools and why Monero offers better privacy by default.

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com

Seth for Privacy, VP at Cake Wallet, joins us to discuss the ongoing Samurai Wallet legal case and its implications for Bitcoin privacy. Seth explains how the DOJ's prosecution of Samurai developers threatens the entire crypto privacy landscape, despite FinCEN's admission that self-custodial wallets shouldn't be regulated as money services. He breaks down Bitcoin's current privacy limitations, highlighting promising technologies like Silent Payments and Payjoin V2, while candidly addressing why Monero offers superior privacy by design. Are we re-living through the same cryptography battle we fought in the 90s?

Follow our guests: @Sethforprivacy

Notes:

- Samurai indicted April 24, 2024, despite self-custody

- 98% conviction rate in Southern District of NY

- DOJ hid key FinCEN evidence from defense

- Silent Payments gives one reusable static address

- Payjoin V2 coming to Cake Wallet this week

- Bitcoin privacy tools fighting transparent design

Timestamps

00:00 Start

01:04 Samurai wallet legal case

06:30 Jurisdiction & charges

11:59 How significant is this case?

16:28 Arch Network

17:00 Current privacy on BTC

19:47 Silent payments

21:54 Payjoin V2

24:43 Privacy tech limits of BTC

27:42 Privacy soft forks

32:51 Future of oh-chain privacy

37:31 OP_RETURN debate

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

3347 episodes

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