Stop using banks and start using crypto! But how Private is it? - a podcast by Naomi Brockwell

from 2019-11-17T00:00

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If we want to take back our financial power, we need to stop using things like banks and credit cards, and start using cryptocurrency. Private online transactions are difficult, and so people are increasingly using privacy coins. But if you want to use non privacy coins like bitcoin and bitcoin cash, tools like coinjoin are great privacy layer that you should add.

In a previous episode I explained how you can use coinjoin with wasabi wallet for btc and electron cash wallet for bch:
https://www.youtube.com/watch?v=A2Gm5...

But unless you’re careful when spending your newly mixed coins, you can undo the privacy that you’ve just created.

The new tool "CashFusion" might make this easier though, and developer Mark Lundeberg walks me through how it works.

It's not enough to just rail against government and companies stealing our data and spying on us: We need to use the tools already around us that are helping to give us back our privacy. Showing our support also encourages other companies to work on solutions in this current surveillance age. CoinFusion will launch soon, and I can't wait to check it out!

video: https://youtu.be/I3zwesMmO2k

Further episodes of NBTV: Your Money, Your Data, Your Life

Further podcasts by Naomi Brockwell

Website of Naomi Brockwell