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Bitcoin => Press => Topic started by: LiteCoinGuy on February 22, 2016, 04:08:25 PM



Title: [2016-02-22] What Apple's Privacy Fight Means For Bitcoin
Post by: LiteCoinGuy on February 22, 2016, 04:08:25 PM
What Apple's Privacy Fight Means For Bitcoin

When it comes to writing opinion pieces, conventional wisdom demands that I take a side in any argument - the more extreme, the better. However, there are times when the issues are too complex to take one side clearly over the other. That holds true, for example, when it comes to the question of the anonymous nature of Bitcoin and to what extent, if any, that should be sacrificed for public safety and security.

http://www.nasdaq.com/article/what-apples-privacy-fight-means-for-bitcoin-cm582687


Title: Re: [2016-02-22] What Apple's Privacy Fight Means For Bitcoin
Post by: aso118 on February 22, 2016, 05:18:10 PM
What Apple's Privacy Fight Means For Bitcoin

When it comes to writing opinion pieces, conventional wisdom demands that I take a side in any argument - the more extreme, the better. However, there are times when the issues are too complex to take one side clearly over the other. That holds true, for example, when it comes to the question of the anonymous nature of Bitcoin and to what extent, if any, that should be sacrificed for public safety and security.

http://www.nasdaq.com/article/what-apples-privacy-fight-means-for-bitcoin-cm582687

The problem is that compromising in one case (say with national security in mind) just opens the flood doors. With Bitcoin's decentralized nature, I don't think the Government is in a position to impose any backdoors. That doesn't mean that they won't try.