Correct. But that doesn't mean it's private at all. An attacker still sees everything in and out via zaps, which is how most people use it.
Our defaults have never ever been private.
Let me try to make my point once more:
1) Address reuse is actively harmful for the whole Bitcoin network.
2) On-chain privacy is very, very hard.
3) Lightning privacy is NOT hard
What (3) means is that I can spend the zaps that I have received WITHOUT getting into trouble further. I can spend them at a merchant or whatever, and nobody will know. On-chain makes that way, way, way harder. On-chain is traceable.
Further, nobody knows the current balance of my wallet. I might have spent everything. Or maybe I haven’t touched it. Switching to on-chain makes every user naked, and thus plausible deniability flies out the window.
1) Address reuse is actively harmful for the whole Bitcoin network.
2) On-chain privacy is very, very hard.
3) Lightning privacy is NOT hard
What (3) means is that I can spend the zaps that I have received WITHOUT getting into trouble further. I can spend them at a merchant or whatever, and nobody will know. On-chain makes that way, way, way harder. On-chain is traceable.
Further, nobody knows the current balance of my wallet. I might have spent everything. Or maybe I haven’t touched it. Switching to on-chain makes every user naked, and thus plausible deniability flies out the window.
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