Interview | Description | Timestamps | Show Notes

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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.

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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• Connect with Max:

  • On Twitter

  • On GitHub

• Mentioned in the interview: 

  • Wasabi Wallet - Unfairly Private

  • Coin Control Is Must Learn If You Care About Your Privacy In Bitcoin

  • Client-side block filtering 

  • Deterministic wallet tools 

  • UTXO

  • Fungibility Definition

  • CoinJoin

  • Hackers Tell the Story of the Twitter Attack From the Inside

  • Coinbase says it halted more than $280,000 in bitcoin transactions during Twitter hack

  • Bisq - A decentralized bitcoin exchange network

• Other relevant WBD podcasts:

  • WBD248: The Bitcoin Cypherpunk Box with Matt Hill & Aaron Greenspan

  • WBD233: Next Level Bitcoin Privacy with Alex Gladstein & Chris Belcher

  • WBD231: Microsoft’s Bitcoin-Based Identity Tool with Daniel Buchner

  • WBD210: Is Chainalysis Evil with Jonathan Levin

  • WBD103: Adam Ficsor from Wasabi on Reclaiming Your Bitcoin Privacy

  • WBD084: Amber Baldet on Surveillance Capitalism

  • WBD070: Privacy and Zcash with Zooko Wilcox

  • WBD045: Brave's Brendan Eich on Fixing Online Advertising

  • WBD040: Personal Privacy and Safety in the Surveillance Age with Jameson Lopp

  • WBD034: Why Crypto Privacy is Important with Monero's Riccardo "FluffyPony" Spagni