Join Nostr
2026-05-18 08:00:25 UTC

jeffg on Nostr: Yet another concrete reason against shitcoining. ZERO privacy. The AML/KYC gods love ...

Yet another concrete reason against shitcoining.

ZERO privacy.

The AML/KYC gods love this. They can't wait to harvest all your payments info and use it against you.
address reuse is bad but worth noting the entire shitcoin ecosystem reuses addresses

"zaps" on farcaster reused onchain addresses

everything that runs on ethereum, base, solana, tron, etc, uses a single static account per user, every financial transaction connected and easy to look up

https://etherscan.io/address/0xd8da6bf26964af9d7eed9e03e53415d37aa96045