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pfortunytoday at 8:37 AM1 replyview on HN

Point taken about anonymity. However, its design (that of cash) is theoretically anonymous, it is reality which gets in the way. BTC, on the other hand, is "just" a huge ledger of transactions with giver and receiver perfectly "identified" (in a unique way, albeit just pseudonymous) and preserved forever.

Also, as you point out, BTC is a massive waste of resources and storage space.


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copiratetoday at 9:13 AM

> giver and receiver perfectly "identified" (in a unique way, albeit just pseudonymous)

Not perfectly. A lot of heuristics are needed to link a unique owner to multiple transactions. With bitcoin, it's recommended to use a new address for every transaction so, for example, in a basic transaction, it's not so easy to identify which output is the recipient and which is the change.

And there's Monero that tries to hide these links a lot more.