BITCOIN SEASON 2: 5 Essential Privacy Tips For Bitcoin

CoinDesk Podcast Network

Satsie from PayJoin Foundation explains why Bitcoin isn't anonymous, covers essential privacy tools like address management, VPNs, and running nodes, plus discusses PayJoin batching and silent payments for better on-chain privacy.

Satsie, board member of PayJoin Foundation joins us to talk about Bitcoin privacy fundamentals. We cover why Bitcoin isn't anonymous, essential privacy practices like avoiding address reuse and hardware wallet shipping risks, the importance of running your own node, and advanced tools like PayJoin transaction batching and silent payments for enhanced on-chain privacy.

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**Notes:**

• Bitcoin requires KYC through exchanges

• Address reuse is "really, really bad"

• Hardware wallets shipped to homes create risk

• PayJoin needs 5% network adoption minimum

• Node sync takes "couple days" currently

• Silent payments require blockchain scanning

Timestamps:

00:00 Start

01:24 Who is Satsie?

04:24 How private is Bitcoin?

06:06 Privacy is hard

07:58 Basic BTC privacy techniques

10:50 VPNs

11:57 Running a node

15:13 You are using somebody's node

17:28 What is Payjoin?

19:59 When would we use Payjoin?

21:10 Payjoin adoption

22:45 Multi-party Payjoin

23:54 Silent Payments

27:16 Current US privacy regulations

29:00 Soft forks

31:06 Resources

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