this is what “privacy” looks like when it’s bolted onto a public chain. it’s not surprising how easily @rdbotato was able to deanonymize these flows. account-based models were never built for privacy.

Potato
@rdbotato
01-28
Introducing Public Cash.
Privacy Cash claims untraceable swaps. $173M processed.
I matched their deposits → withdrawals in under 60 seconds.
I like privacy. But I don't believe in privacy on-chain. It's mostly used to hide rug traces and wash dirty wallets.
If you're using x.com/theprivacycash…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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