Dear Readers,
Bitcoin has been hailed across the industry as “freedom money” that is resistant to both censorship and confiscation. The importance of these characteristics is growing stronger as governments seek to control more of their citizens’ lives and livelihoods.
Money is an essential tool in life, since it allows us to convert our time with relative ease into goods and services that we need to survive. Do we really want such an important tool in the hands of biased and power-hungry intermediaries? I think not.
That said, there are those in the government and on Wall Street who are actively trying to limit Bitcoin’s appeal as stateless money. And one of their more frequently used attacks is against privacy and fungibility on the Bitcoin blockchain.
