Derived from Bpaynews, Michael Saylor, Executive Chairman of MicroStrategy, has expressed opposition to Bitcoin adopting a privacy model similar to Zcash, citing concerns over regulatory scrutiny and potential bans by sovereign nations. In discussions with Eli Ben-Sasson, co-founder of Zcash and CEO of StarkWare, Saylor emphasized the importance of maintaining Bitcoin’s transparency to ensure its legitimacy and global adoption. Ben-Sasson, in contrast, argues that privacy and transparency can coexist, advocating for solutions that protect user confidentiality while maintaining necessary visibility for regulatory compliance. The debate also touches on the role of innovations like OP_CAT in shaping the future of Bitcoin’s privacy framework.
Michael Saylor Opposes Zcash-Style Privacy for Bitcoin, Sparks Debate with Eli Ben-Sasson
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