Mass adoption of Bitcoin would be a mass surveillance dream due to the lack of on-chain privacy. It also won't be censorship resistant without privacy.
Still not too late for Bitcoin to add serious on-chain privacy via encryption rather than obfuscation, but it's getting there.
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Can't you anonymize your bitcoin through mixing service or swapping it to another crypto (xmr?) and swapping it back to bitcoin?
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There's a whole bunch of evidence that it's still the same person's money available since the money going in and money coming out was public. Mixing is weak obfuscation whether or not it's a centralized service or a decentralized one. Everything should be end-to-end encrypted.
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Monero is alright but it has a lot of room for improvement to do everything via encryption instead of relying on obfuscation techniques for some of the privacy it provides. They're actively improving it so there's a lot of hope for it. Bitcoin? I think the hope is running out.
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The amount of money going in and coming out is the same and likely happened in a short span of time. Even aside from that, once it's back as Bitcoin, everything you do with is linked together. If you make 10 purchases, all 10 of those are linked together regardless of this.
The merchants you purchased from could have their data leaked or could share data. Some of them might know who you are, and therefore can directly know who owns that wallet themselves. They can figure out how much you have and potentially figure out what other purchases were.
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