[bitcoin-dev] PayJoin adoption

author: Chris Belcher <belcher@riseup.net> 2021-01-16 00:07:08 +0000
committer: bitcoindev <bitcoindev@gnusha.org> 2021-01-16 00:07:34 +0000
commit: 0875cefca726c62bca664001b4d5f66b16303832 (patch)
tree: 95c0f33e668c52b4ad0ef470969155f322fa2408
parent: 15cf4843a69c79cb9022ba6a743931beaaff5ad7 (diff)
download: pi-bitcoindev-0875cefca726c62bca664001b4d5f66b16303832.tar.gz
pi-bitcoindev-0875cefca726c62bca664001b4d5f66b16303832.zip
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+Date: Sat, 16 Jan 2021 00:07:08 +0000
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+Subject: [bitcoin-dev] PayJoin adoption
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+
+PayJoin is an exciting bitcoin privacy technology which has the
+potential to damage the ability of blockchain surveillance to spy on
+bitcoin users and destroy bitcoin's fungibility. A protocol standard has
+already been defined and implemented by a couple of projects such as
+BTCPayServer, Wasabi Wallet, JoinMarket and BlueWallet.
+
+I've made a wiki page tracking adoption:
+https://en.bitcoin.it/wiki/PayJoin_adoption
+
+It is similar to the Bech32 adoption page.
+
+
+Recently a UK bitcoin exchange shut down due to new regulations, with
+the owner writing a very interesting and relevant blog post that I'll
+quote here:
+
+> you’re considered suspicious if you used a marketplace and not an
+exchange. Coinjoin counts as high risk. Gambling is high risk. As you
+use entities that are paranoid about keeping their coins clean and
+adhering to all the regulations, your risk scores will continue to
+increase and without you even knowing why, your deposits will become
+rejected, you may be asked to supply documents or lose the coins, your
+account may become suspended without you having any clue what you did
+wrong. And quite possibly you didn’t do anything wrong. But that won’t
+matter.
+>
+> The goal post, the risk score threshold will keep moving along this
+trend until the point where you will be afraid of using your personal
+wallet, donating to someone online, receiving bitcoins from anywhere
+except for regulated exchanges. At that point, crypto will be akin to a
+regular bank account. You won’t have a bitcoin wallet, you will have
+accounts to websites.
+
+https://blog.bitbargain.com/post/638504004285054976/goodbye
+
+If we want bitcoin to fulfill its dream of a permissionless money for
+the internet then we'll have to work on this. What can we do to increase
+adoption of PayJoin?
+
author	Chris Belcher <belcher@riseup.net>	2021-01-16 00:07:08 +0000
committer	bitcoindev <bitcoindev@gnusha.org>	2021-01-16 00:07:34 +0000
commit	0875cefca726c62bca664001b4d5f66b16303832 (patch)
tree	95c0f33e668c52b4ad0ef470969155f322fa2408
parent	15cf4843a69c79cb9022ba6a743931beaaff5ad7 (diff)
download	pi-bitcoindev-0875cefca726c62bca664001b4d5f66b16303832.tar.gz pi-bitcoindev-0875cefca726c62bca664001b4d5f66b16303832.zip