Bitcoin has a very bad privacy problem. There are ways around it with swaps and Lightning, but the base layer is an open ledger.
We also know changing Bitcoin at the protocol level is nigh on impossible these days, and that isn't always a bad thing.
Shielded Bitcoin is interesting because in theory it could be live and opt in on Bitcoin as it is. The normal wallet experience, with Zcash-level privacy on top for whoever wants it.
Still holes in it. Worth watching.
https://ungovernable.network/shows/bitcoin-brief/did-bitcoin-just-go-dark/
Ungovernable
npub1jc…n2890
2026-09-29 13:00:00 UTC
Author Public Key
npub1jcympy69pht7ptan39se4nd09e4q66qhey649uu3rczm2zh88c7s0n2890Seen on
wss://relay.damus.ioPublished at
2026-09-29 13:00:00 UTCEvent JSON
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"content": "Bitcoin has a very bad privacy problem. There are ways around it with swaps and Lightning, but the base layer is an open ledger.\n\nWe also know changing Bitcoin at the protocol level is nigh on impossible these days, and that isn't always a bad thing.\n\nShielded Bitcoin is interesting because in theory it could be live and opt in on Bitcoin as it is. The normal wallet experience, with Zcash-level privacy on top for whoever wants it.\n\nStill holes in it. Worth watching.\n\nhttps://ungovernable.network/shows/bitcoin-brief/did-bitcoin-just-go-dark/\n\nhttps://video.nostr.build/7df81e82be4ce7c42129d28300b61a66c4e2950a46b66c3bf1fcde2db3a713c6.mp4",
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