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Why Privacy Matters — Meetup

Date: 2022-08-11
Presenter: Round Rock Bitcoiners

Outline & Notes​

Why Privacy Matters — Meetup #3 (2022-08-11)

Why Privacy Matters​

  • Identity fraud cost Americans ~$56 billion in 2020 (49 million consumers)
  • NSA xkeyscore program revealed by Snowden (still active)
  • Operation Chokepoint, Canadian Truckers

"Selectively Reveal Your Data. Control what parts of you that you want to reveal."

How to Obtain No-KYC Bitcoin​

| Method | Details | | Bitcoin ATMs | CoinATMradar.com; anonymous pre-paid phone; fees 8-20% | | Bisq Network | Open-source DEX, multisig escrow, own node, Cash by Mail | | Peer to Peer | Meetups, buy from friend | | Azteco Vouchers | 5% markup (1.5% seller, 3.5% Azteco) | | Mining (at home) | Pay through electric provider; up-front miner investment |

Wallet Recommendations​

Mobile (Hot)​

  • Samourai — on-chain, privacy focused
  • Blockstream Green — on-chain, HWI, multisig
  • Blue Wallet — on-chain, Lightning, own node
  • Muun Wallet — on-chain, Lightning

Hardware (Cold)​

  • Trezor — open-source, non-custodial
  • Ledger — closed-source, HSM
  • ColdCard — verifiable-source, air-gapped, secure elements
  • Seed Signer — fully open-source, DIY

Forward-Looking Privacy Practices​

  • VPN/Tor: Mullvad, ExpressVPN, TOR browser
  • Coinjoin: Whirlpool, JoinMarket, Wasabi
  • Lightning: Bolt-12, Payjoin, Stowaway, PayNyms, BIP-47
  • UTXO Management: never reuse addresses, Stonewall

Slides in this Deck​

Slide 2 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)

Slide 3 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)

Slide 4 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)

Slide 5 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)

Slide 6 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)

Slide 7 of 7 from 'Why Privacy Matters — Meetup' (2022-08-11)