- The assumption that leaders we empower with technology will always work in the public interest and for the public good is one of the myths dispelled by the political theorists of the Enlightenment. The principle that power corrupts gave rise to the separation of powers and to the highly federated form of government that has characterized the United States since its foundation. As Professor Andrew Ferguson at the American University Washington College of Law has succinctly stated, “Assume the tyrant.”
- This does not mean that we call for the U.S. government to remain weak in the face of threats by other national governments. Rather, we invite policymakers, but first and foremost the American people to whom they are accountable, to preserve a meaningful distinction between the political economy of the United States and that of other countries. As the world goes the way of China in the 21st century, the United States should stand for something different: it should stand for freedom. For this reason, the United States should reject central bank digital currencies.
This Month in Bitcoin Privacy (TMIBP) is a newsletter about privacy-related technology developments, events, and conversations in Bitcoin that catch her eye, as well as the tools or strategies that can be used to protect our right to informational self-determination.
We set out to investigate potential improvements to Lightning on both the protocol level and in how it’s used. With an awareness of current privacy best practices and pitfalls, what else is possible to improve Lightning privacy?
This research is from July 23 2022 but it is particularly relevant today to due concerns surrounding the solvency of Genesis, their parent company Digital Currency Group, and DCG's exchange traded product GBTC.