Bitcoin Q&A: Will Governments Let Privacy Coins Exist?

On the benefits and challenges with upcoming privacy improvements to Bitcoin. What do you think about Snowden's comments on privacy in Bitcoin and open public blockchains? What are unspent transaction outputs (UTXOs)? Can you re-anonymise UTXOs from KYC exchanges like Coinbase, by participating in a CoinJoin through wallets such as Wasabi or services such as JoinMarket? Can you use Schnorr signatures do UTXO consolidation? Will governments continue to let privacy coins exist? Will confidential transactions be censored? What will kickstart the evolution towards more privacy and anonymity? Could private transactions be indistinguishable from "normal" transactions? What is the launch schedule for privacy improvements (Schnorr signatures, Taproot, Graftroot)? CORRECTION: At 6:50, I say that Gregory Maxwell invented CoinJoin. While Maxwell did 'coin' the term, the mechanism of CoinJoin was discussed early on by others: bitcointalk.org/index.php?topic=12751.msg315793#ms… Chapters 0:00 Thoughts on the Edward Snowden interview regarding his comment related to public ledgers being the biggest security flaw in bitcoin? 2:48 Re-anonumising UTXOs 8:29 Schnorr signatures and UTXO consolidation 10:00 You have these privacy coins like Zcash, Monero, Grin, and Beam. What do you think the end state might look like? Will governments let them exist in any form, or will they become extremely heavy-handed given the privacy aspect? 13:55 Won't bitcoin's confidential transactions be censored? These questions are from 'The Internet of Money' tour in Dublin, the HoshoCon event in Las Vegas, the September and October monthly Patreon Q&A sessions, which took place on May 23rd, October 11th, September 29th and October 27th 2018 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: www.patreon.com/aantonop RELATED: Worse Than Useless: Financial Surveillance -    • Worse than Useless: Financial Surveil...   Fungibility, privacy, anonymity -    • Bitcoin Q&A: Fungibility, Privacy, An...   Mixing services -    • Bitcoin Q&A: Mixing services   Altcoins and specialisation -    • Bitcoin Q&A: Altcoins and Specialisation   The price of losing privacy -    • Bitcoin Q&A: The Price of Losing Privacy   The war on cash and crypto -    • Bitcoin Q&A: The War on Cash and Crypto   MimbleWimble and Schnorr signatures -    • Bitcoin Q&A: MimbleWimble and Schnorr...   MimbleWimble and Dandelion -    • Bitcoin Q&A: MimbleWimble and Dandelion   Schnorr signatures and the privacy roadmap -    • Bitcoin Q&A: Schnorr Signatures and t...   What are Bulletproofs? -    • Bitcoin Q&A: What are Bulletproofs?   Coin selection and privacy -    • Bitcoin Q&A: Coin Selection and Privacy   Atomic swaps -    • Bitcoin Q&A: Atomic Swaps   Decentralised exchanges with fiat -    • Bitcoin Q&A: Decentralised Exchanges ...   Decentralised exchanges and counterparty risk -    • Bitcoin Q&A: Decentralised Exchanges ...   The Lightning Network -    • The Lightning Network   How do I choose a wallet? -    • Bitcoin Q&A: How Do I Choose a Wallet?   Hot vs. cold wallets -    • Bitcoin Q&A: Hot vs. Cold Wallets   Secure, tiered storage system -    • Bitcoin Q&A: Secure, Tiered Storage S...   How do I secure my bitcoin? -    • Bitcoin Q&A: How Do I Secure My Bitcoin?   HODLing and the "get free" scheme -    • Bitcoin Q&A: HODLing and the "Get Fre...   How to get people to care about security -    • Bitcoin Q&A: How to Get People to Car...   Airdrop coins and privacy implications -    • Bitcoin Q&A: Airdrop Coins and Privac...   Bitcoin as everyday currency -    • Bitcoin Q&A: Bitcoin as Everyday Curr...   Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop twitter.com/aantonop Website: antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: bitcoinbook.info/translations-of-mastering-bitcoin… THE INTERNET OF MONEY, v1: amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - www.amazon.fr/Linternet-largent-Andreas-M-Antonopo… Russian, 'Интернет денег' (v1) - www.olbuss.ru/catalog/ekonomika-i-biznes/korporati… Vietnamese, 'Internet Của Tiền Tệ' (v1) - alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): amzn.to/2xdxmlK Music: "Unbounded" by Orfan (www.facebook.com/Orfan/) Outro Graphics: Phneep (www.phneep.com/) Outro Art: Rock Barcellos (www.rockincomics.com.br/) Join the aantonop Channel: aantonop.io/joinaantonopyt

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