Inspired by Snowden, here is another video as part of my ongoing series to show you tools to help you live the modern, privacy-conscious lifestyle. Today I’ll be talking about the data harvesting that happens to all of our purchases, and why cash and crypto are essential.

However, Snowden says that the lack of privacy in Bitcoin and cryptocurrency in general is an existential threat. And Bitcoin core developer Gregory Maxwell, said:

“Bitcoin is often promoted as a tool for privacy, but the only privacy that exists in Bitcoin comes from pseudonymous addresses which are fragile and easily compromised.”

CoinJoin is a tool that can help. I'll show you how to use CoinJoin in Wasabi wallet to make your Bitcoin transactions more private. CoinJoin can also be used with currencies other than bitcoin, so I'll show you how to use CashShuffle, the BCH implementation of CoinJoin in Electron Cash wallet.

Taking back financial control in our lives is essential.

00:00 Why Snowden stopped using credit cards

5:21 Explanation of Bitcoin Transactions and UTXOs

8:57 Explanation of CoinJoin

11:07 How to use CoinJoin with Bitcoin (BTC) in Wasabi Wallet

15:14 How to use CashShuffle with BitcoinCash (BCH) in Electron Cash Wallet

Links from video:

Wasabi Wallet:

https://www.wasabiwallet.io/

Electron Cash Wallet:

https://electroncash.org/

Neutrino Wallet for BCH:

https://play.google.com/store/apps/details?id=cash.bchd.android_neutrino&hl=en_US

Wallets that use Bech32 addresses:

https://en.bitcoin.it/wiki/Bech32_adoption

Does your wallet leak your information? Video with Josh Ellithorpe:

https://youtu.be/Ey6dwywljXI

Recommended Books:

Permanent Record - Edward Snowden

https://amzn.to/305negc

video: https://youtu.be/A2Gm5yPFMWY