/ QUOTES

Bitcoin Q&A: Privacy, inflation risks, and censorship resistance

A currency needs fungibility needs privacy. Here are two quotes from Andreas M. Antonopoulos’ Q&A.

Source: https://www.youtube.com/watch?v=O_YgFzgAw8w

Quotes


I think the biggest weakness that Bitcoin has is that the base layer - the first layer blockchain - is insufficiently private. [...] That threatens the currency's fungibility.

– at 3m46s

If cryptocurrencies start getting attacked using privacy as the attack mechanism [...] any cryptocurrencies that do strong privacy immediately become much more valuable.

– at 12m59s