Protecting Your Bitcoin Privacy with Max Hillebrand

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“For me, the guiding principle is to reduce the number of seconds that I hold fiat shitcoins.”
— Max Hillebrand

SHOW DESCRIPTION

Location: Squadcast
Date: Wednesday 12th August
Company: Wasabi Wallet
Role: Contributor

Many newcomers to Bitcoin mistakenly think of it as private, but the truth is far more complicated than that. While it is possible to use Bitcoin with a high level of privacy, it has been complicated by the growth in regulations.

Exchanges must enforce KYC in most jurisdictions to allow them to retain their banking services, while chain analysis is increasingly used to flag transactions deemed illicit. 

While privately utilising Bitcoin is becoming harder, there are many tools available for Bitcoiners to reclaim their privacy. One of them is Wasabi wallet, best known for CoinJoin, a method which allows users to increase their Bitcoin anonymity.

In this interview, I talk to Wasabi wallet contributor Max Hillebrand. We discuss remaining anonymous while using Bitcoin, Wasabi wallet & CoinJoin, custodian solutions and living a Bitcoin-only life.

TIMESTAMPS

00:04:00: Introductions
00:04:20: Wasabi’s reputation
00:07:03: Education on tools to use Bitcoin
00:10:12: Wasabi and coin control
00:17:39: Privacy tools
00:21:34: Automated CoinJoins
00:24:09: Simplifying CoinJoin UX
00:27:47: Recent Twitter hack
00:31:45: Anonymity of Wasabi users
00:34:11: Protection of funds
00:39:29: Various options for users in the future
00:45:00: Risks to Bitcoin if custodied Bitcoin increases
00:48:09: Being 100% Bitcoin
00:51:36: Denominating in Bitcoin
00:56:58: Changing Bitcoin economy
00:58:46: Travelling without fiat
01:08:21: Final comments

 

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SHOW NOTES

PodcastPeter McCormack