Don't Use Trezor Coinjoin (Or Trezor)

Learn how to buy non-KYC Bitcoin and do coinjoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss the Trezor, Wasabi, and Samourai controversy over coinjoin.

Wasabi coordinator zkSNACKs has been using a chain surveillance company to screen incoming UTXOs for their coinjoin for over a year. This is an unnecessary and disturbing practice for a supposedly privacy-focused company to be involved in.

By choosing Wasabi as its coinjoin partner, Trezor has destroyed all trust in its company. If you can't trust a company with your privacy, why would you trust their hardware wallets or firmware?

Doing a coinjoin will not erase records of your purchase of KYC Bitcoin, but it can provide good forward privacy (sending, spending) if used properly.

There is probably no urgency to coinjoin if you plan on hodling for the nest decade.

It is important to distinguish coinjoin from custodial mixers:

In the latter, you give up custody to the coordinator and as a result may never see your Bitcoin again.

By contrast, coinjoin is a collaborative transaction where you never give up custody of your Bitcoin.

Not investment advice! Consult a financial advisor.

Trezor using Wasabi for coinjoin:
https://twitter.com/Trezor/status/1648688411975319553

Visual example of a coinjoin:
https://image.binance.vision/editor-uploads/3862b14074034f5ba73600717ff8e119.png

zkSNACKs starts using chain surveillance:
https://twitter.com/wasabiwallet/status/1503091503207432193

Wasabi Wallet legal docs:
https://github.com/zkSNACKs/WalletWasabi/blob/master/WalletWasabi/Legal/Assets/LegalDocumentsWw2.txt

Trezor hiding tweet replies:
https://twitter.com/ChrisBlec/status/1648704607797780481
https://twitter.com/ChrisBlec/status/1646900061584982021

Coinjoin coordinators are not money transmitters:
https://twitter.com/SamouraiWallet/status/1503389170672226308

Samourai Wallet:
https://samouraiwallet.com/

JoinMarket:
https://en.bitcoin.it/wiki/JoinMarket
https://github.com/JoinMarket-Org/joinmarket-clientserver

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#trezor
#coinjoin

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