I've always explained Bitcoin's lack of privacy as 'It's Twitter for your bank account.' Everything you do is broadcast publicly—it's the opposite of private. Now it's come full circle, with Elon describing Twitter's (sorry, X's) encrypted DMs as 'Bitcoin-style encryption. https://t.co/xntdee58U1 https://t.co/tCw3XHUIpM

I've always explained Bitcoin's lack of privacy as 'It's Twitter for your bank account.' Everything you do is broadcast publicly—it's the opposite of private. Now it's come full circle, with Elon describing Twitter's (sorry, X's) encrypted DMs as 'Bitcoin-style encryption" https://t.co/tCw3XHUIpM

Seriously, what is Bitcoin style encryption? Bitcoin primarily uses signatures, not encryption. This is like saying, we decided to run our rocket on water, since NASA uses Hydrogen and Oxygen. https://t.co/dWZhV6H4Tk