Privacy can be a nuanced topic depending on how you buy, store, and secure your Bitcoin on chain, or hopefully not, on an exchange. In terms of the privacy on-chain, all wallets are equally private.

Money is a thread that weaves through society, providing a way for one human to give value to another value. Whether expressed as rare elements, spices, beads, or gold, humans find a commonly accepted thing to use for value exchange and storing value into the future. For thousands of years, money systems worked when the supply was limited but fell apart when the underlying asset was quickly inflated (there are many examples of this throughout history).

Bitcoin is online money, like ApplePay or Venmo. The difference is that in those systems, many companies see your transaction, take a fee, and in some cases might block your transaction. With Bitcoin you can pay someone directly, person to person. This is called “decentralized” and basically means no more middlemen!