Next Level Bitcoin Privacy with Alex Gladstein & Chris Belcher - WBD233
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 19 June 2020
⏱️ 83 minutes
🧾️ Download transcript
Summary
Location: Zoom Date: Tuesday 16th June Project: Human Rights Foundation & Bitcoin Developer Role: Chief Strategy Officer & Independent Developer
Privacy is a fundamental human right, and with society migrating away from physical to digital cash, we are losing one of the remaining ways to transact privately.
Bitcoin is an entirely public ledger, in that every transaction is broadcast to everyone running the Bitcoin software. Anyone can view these transactions, but there are ways to obfuscate your spends and make it more difficult, or even close to impossible to follow the trail of transactions.
Currently, the most widely used method for adding privacy to bitcoin is to use CoinJoin services like Wasabi or Samourai. These wallets allow you to add your UTXOs to a transaction along with numerous other participants. Coinjoin can significantly increase anonymity, depending on the number of other participants.
Originally put forward by Greg Maxwell in 2013, Coinswap is a somewhat different method of anonymising your footprint on the Bitcoin network. Chris Belcher recently took the idea and put together a proposal and has received funding from the Human Rights Foundation to develop it.
In this interview, I talk to Bitcoin developer Chris Belcher and Alex Gladstein, the Chief Strategy Officer at the Human Rights Foundation. We discuss financial privacy as a human right, Bitcoin privacy, financing devs and Chris' work on Coinswap.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | The evolution of Bitcoin privacy has gone from creating doubt to hopefully, you know, in the future making it basically impossible to link coins to a person. |
| 0:11.5 | That is the key. That's what we want to get to. |
| 0:14.0 | Hello there from Bedford UK. How are you all? |
| 0:18.0 | Welcome to the What Bitcoin did podcast, which is brought to you by Krakhan, |
| 0:22.0 | the best place to buy, sell and trade Bitcoin. |
| 0:24.0 | I'm your host Peter McCormack and today I've got a very cool interview. |
| 0:27.0 | I've got Alex Gadsdine from the Human Rights Foundation and I've got |
| 0:30.4 | Bitcoin developer Chris Belcher on to discuss privacy. |
| 0:33.5 | But before that I do have a message from my show sponsors. |
| 0:36.3 | So first up we have the future of Bitcoin and Financial Services. |
| 0:39.2 | We have BlockFi. |
| 0:40.1 | Have you checked out their mobile app yet? |
| 0:42.1 | I've been telling you about this for a couple of months now. |
| 0:45.0 | They've really nailed it with this. |
| 0:47.0 | So I'm a BlockFi customer. |
| 0:48.0 | I've been telling you that for quite some time. |
| 0:50.0 | I am an interest account holder, and you know what's pretty cool to be able to access it from my phone |
| 0:54.5 | it's pretty cool to have that on the go they've absolutely nailed the app it is so easy for you |
| 0:59.9 | newcomers to sign up you can get started in just a few minutes allowing you to earn |
| 1:03.7 | interest, borrow USDA and instantly access your portfolio. You can open up a |
| 1:08.6 | block-fight interest account like the one I've got where you can earn money on |
| 1:11.5 | your Bitcoin and you can also use your |
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