🚀 Litecoin's Charlie Lee took the stage at the Proof of Work Summit in Frankfurt, humorously pointing out that Bitcoin's transparency is like wearing a see-through raincoat in a storm. 🌧️
- Lee highlighted that Bitcoin's UTXOs carry transaction histories, making each BTC unique and potentially less fungible.
- He warned that tagged BTC could be shunned by traders, lowering their value.
- Privacy warriors, rejoice! A new fork of the Samourai Wallet, dubbed the Ashigaru Open Source Project, aims to cloak Bitcoin transactions using CoinJoin.
- EY's Paul Brody emphasized that privacy is crucial for blockchain adoption, especially for businesses needing to keep some secrets under wraps.
Stay tuned for more crypto capers!