Crypto OG Zooko on State of Digital and Financial Privacy in Crypto as Industry Evolves

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Are bitcoin transactions private? 'Barely,' zooko says. He breaks down how bitcoin totally failed at providing privacy on 'First Mover' as part of PrivacyWeek:

Early cypherpunk Zooko Wilcox, CEO of Electronic Coin Company , the creator of privacy-focused, blockchain-based payments network Zcash, discusses the current state of privacy in crypto.

“Everyone’s everything has already been hacked and exploited,” Zooko said. “At some point, it’s going to be easier to buy a new Social Security Number from the dark web than to convince someone to take your real Social Security Number.” Plus, the latest updates to Zcash, thoughts on CBDCs, and more.

 

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zooko This is why Litecoin is releasing MWEB tomorrow. You had better cover it bc Bitcoin may adopt it in the future to rectify the privacy issue. PrivacyMatters

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zooko It’s called litecoin. Put some respect on its name

zooko There is enough privacy in Bitcoin. Who owns the whale wallets? Who is the creator of Bitcoin? Why does the price of Zcash tend to zero relative to Bitcoin?

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LettaMargaux zooko Well... wanting to have all the benefits of privacy. But see all the negative aspects of it as evil. If anything is going to help, it's transparency!

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zooko “It failed to do what it wasn’t created to do” is a weird criticism.

zooko “PUBLIC LEDGER”. … this is news to this guy?

zooko That is what secrets network is all about.

zooko How's ZEC doing lately? Looks like the Founders were rewarded!!

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zooko

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zooko CISLA Months of hard work and dedication will finnally pay off! We are making history! Big shout out to our wonderful community,it wouldn't be possible without you! This is only the beginning! Stay tuned! CryptoislandDAO BNB NFTs IslanderElites

zooko CISLA Months of hard work and dedication will finnally pay off! We are making history! Big shout out to our wonderful community,it wouldn't be possible without you! This is only the beginning! Stay tuned! CryptoislandDAO BNB NFTs IslanderElites

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zooko I’m watching $40-$41k as the next resistance for Bitcoin If we can break this range with confirmation then the 2nd half of the bull market is starting rawkz_t has been very helpful as I have added massively to my holdings through her tips and post, it has been wonderful

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