Bitcoin Forum

Privacy is a big and debated topic nowadays, especially for things like bitcoin and digital tech. It's about people having the power to control their personal info, who collects it, how it's used, and how it's kept safe. But when it comes to bitcoin and stuff, privacy isn't easy. There are lots of problems and choices to make, like legal stuff, what's right, how people feel, and the tech side of things.

Seems like privacy might not be around much longer. Cameras are everywhere, watching us in public and even private places. There's this new thing called CBDC's that might replace cash and let people keep an eye on our money stuff. Our data is being taken and used without asking us. We have to do things like KYC for bitcoin exchanges, which might make us less anonymous. And they're even taking our biometrics, who knows why.

People are divided on this. Some think privacy is really important and should be guarded by rules and society. But there are others who don't really mind and think privacy isn't a big deal. So, I created thread to see what everyone thinks about privacy.

Privacy is essential, and those who value it have ways of controlling who actually has vital information about them. Regarding the cameras in public places that capture everyone's movements, those can't be compared to Bitcoin, as those cameras capture your face and any information that you have given to regulatory authorities through licensing or any form of registration that you have done under its government body.
 
For Bitcoin, privacy can actually be improved as this is based on individuals. Anyone who ever chooses to remain anonymous can maintain that by avoiding reusing addresses, not attaching a name to his or her address, avoiding centralized exchanges that request user data, and using privacy browsers to remain completely private on things you do and where you visit. Sometimes mixing coins in whatever way is necessary to remove the connection attached to your name is also another means.
 
As for the CBDC, those are no different from any local currency, as their usage is similar to that of mobile banking, except that they have been digitalized but are still under the watch and control of the same government. Unless you just want to increase the use of your local currency to the next level, CBDC is not an option.

Most people simply can't take privacy super seriously. People in general like convenience — and a huge majority of "convenient" things has privacy issues. And it's not really their fault — a lot of privacy apps are pretty difficult to use for the typical person.

In the context of bitcoin — aside from not reusing addresses(which is automatic on some wallets), that's pretty much it. Mixers and coinjoins can be too intimidating. We need something easier.

You can not have 100% privacy in life, but you can make some things about you to be private.

For instance:
Shopping online with bitcoin and delivering the items at your doorstep. That is not privacy at all. But before buying anything online, you mix the coin using a mixer and you use it to order some items online. That does not means some things about you is not private.

CBDCs are fiat.

It's almost impossible for you to actually blank yourself entirely into privacy because you will always walk out, you will visit friend's and families, so cameras will easily capture you whenever you do that.
but if your emphasis is on financial privacy then bitcoin has the potential to make that possible.
CBDC is government controlled, so if you actually want to be a private person without anybody having a knowledge about your financial activities, then you should be avoiding CBDC's.

I don't think you can have complete privacy in a fiat system because it is under government control, including the CBDC you are referring to because it is also like a fiat that is monitored and controlled by the government.

Doing KYC on Bitcoin and crypto exchanges is your choice because there are alternatives.

Some exchanges do operate without KYC, while if you want to go fully anonymous, just avoid centralized exchanges and buy your Bitcoin through p2p in some  No-KYC Exchange  (https://bitcointalk.org/index.php?topic=5461920.msg62640260#msg62640260) or buy from some reputable people you trust in order to avoid submitting any details before accessing your coin.

Privacy is very important, and everyone who knows the value of their privacy will protect it. Only people with less knowledge about privacy show a lack of concern about privacy.

Yes privacy is important for beginners because it's a matter of time the beginner today will become a teacher or learned person and if private details is leaked due to many government procedures like AML-anti-money laundering and kyc procedures of crypto exchanges procedures being asked of users when wrongly stored , may affect the user in question so privacy is very important for all.
This is really an issue because these procedures do not in anyway protect our privacy as someone somewhere get these information and may use it against us and I'd mention few precautions we can take although some are already being fought by government to stop them like already done to Lavabit , the CEO rather shut down the website than give government details of her users but not many will do this now... examples of measures we can take to protect our privacy is
*Every beginner or user should be vast about government laws regarding privacy so that when we're being asked what we're not supposed to give out we'd know and not give out such details

* Use of VPNs is also another means of ensuring privacy although not many countries are in favour of this

*Use of 2-FA mode to ensure our details are not used on our behalf

There are many more and I'm sure we'd learn a lot from this thread. I hope this helps
Digging deep into this post I found out that it's helpful that we verify both beginners for the benefits are actually great and while we do this we should be alert as well
Check out this post ...
https://bitcointalk.org/index.php?topic=5464484.msg62744099#msg62744099

Privacy is important in all parts of life, not strictly confined to cryptocurrency. You should protect your privacy & personal info, financial info etc at all costs. Poor levels of privacy can lead to identity theft, fraud, all kinds of things.

Bitcoin wise, KYC on only a couple of mainstream exchanges & practise self custody. Do not tell people you own bitcoin.

Getting total privacy might not be attainable currently because the world is fiat driven and living totally on Bitcoin is also impossible in some areas. But for those that value privacy, we have our part to play in it. Using a mixer, avoiding centralized exchanges, and maintaining a private life might be helpful. Everybody must not know that you own Bitcoin, let's learn to keep our mouths shut.

Using physical fiat to make payment can promote privacy more than CBDCs but I don't think CBDCs will lead to the eradication of physical fiat. The physical currency will still exist for a long time. To avoid KYCs choose exchanges that don't require them and consider using P2P.


People are in the Bitcoin space for diverse reasons. Some people don't care about their privacy so they wouldn't mind giving out their personal information. Someone told me that he doesn't care about privacy because he has nothing to hide. He is just in the sector to make profit and not to seek privacy. The summary is that If privacy is important to you, you will do everything to get it.

Privacy is important however, the definition of privacy must be channelled to the present world way of life, since the centralized system has made it impossible to have privacy, technically it is impossible to maintain that privacy when it comes to bitcoins since users can not do without centralized exchange. This is a situation is what we will continue to adjust to since there is no present solution. Apart from the tech companies who may have access to some of your information, I think every other means can protected.

Privacy is important to all people but we never know if the beginners in Bitcoin jumping into the Bitcoin bandwagon because of the privacy Bitcoin gives.  Many newbies jump into Bitcoin because they wanted to take advantage of the rising industry.  To get profit from investments and trades.  Only a few individuals that are tech-savvy are into privacy since it needs some technical knowledge to maximize privacy using Bitcoin since we know Bitcoin is not a privacy coins but rather a pseudoanonymous one.

IMO, privacy should be important for everyone, including beginners. Only question is what level of privacy is needed for you. But at least basic things needed for everyone like not giving away your personal details like email, phone number, KYC verifications and etc with easy hand.
Many people don't care about their privacy as they're not doing nothing illegal and have nothing to hide. Others don't give a shit about it just because of convenience. And it's true that trying to hide as much your traces as possible isn't easy and requires quite a lot efforts.
But after all, attitude towards privacy is everyone's free choice.

Bitcoin doesn't really give privacy per se, it all depends on how you actually use Bitcoin. The reason why privacy is a possibility whilst using Bitcoin is because of decentralization, thus you can use it without giving any data/info to a centralized authority which is in control.

The thing now is, how many people actually use Bitcoin in this private way, quite a lot of them know how important privacy is, but i'm afraid they will choose convenience over it, and that is the case for a lot for individuals who are newcomers to Bitcoin. Privacy is important for all and sundry, but only a handful of people pay attention to it.

Privacy in this our present world can't be overemphasized and it's something that's very necessary to living a comfortable peaceful and calm life. For people that have a depth conception of how important privacy is they perpetual take measures to keep their status quo that way, avoiding any KYC related stuffs and with bitcoin that privacy is easily concealed as there are alternate measures like DEX's we can use in executing transactions without handing out our data to any authority.

On the issue of CCTV cameras installed across streets, malls and other supposed private places, we can't avoid them because we will have to move out to do businesses but for CEX there's an alternative for those of us that gives priority to our privacy we can make use of DEX's that are kyc free for our financial transactions and also using mixers for our coins. It's our responsibility to keep our privacy safe knowing fully how important it is  to our convenience.

I think for me in the digital world privacy and remaining anonymous is of utmost importance thing. I am one of those people who believe that privacy is very important because in my opinion people who value privacy are people who respect themselves and all the efforts they make.
I dont know how are they or the people who don't really mind or think that privacy is something that is not so important thing. I think they are people who have never felt their personal information was misused for negative interests or even they have never experienced any loss as a result of their personal information being spread either intentionally or unintentionally.

Privacy is very broad and I think it will be very important if op can state the kind of privacy is meant to bring and clear opinion. The street camera has nothing to do with our privacy. It is mostly there for security and for our own safety. It is one of the things that help the crime fighters to detect how a crime was bwwn committed and by who. We all know that in security there is privacy there too. Many people uses  escort and tinted car glasses to protect there privacy from the public so that anybody can to just come to them and breach there privacy.

If we are to be honest, most people have accepted that the privacy that once existed is a thing of the past, and if we look in which countries it is most expressed, then one might be surprised that these are the countries that present themselves as the largest democracies in the world. Their citizens are monitored down to the smallest detail and they obviously don't mind it, because most of them don't protest against it.

Let's take the example of the UK, where the authorities are testing a facial recognition system with the help of AI on the streets, and the system is so "precise" that it results in hundreds of wrong decisions that result in the harassment of ordinary citizens walking the streets. If I hadn't seen it, I wouldn't have believed it, but imagine that they single you out from the crowd and start checking you like a criminal or terrorist, and you can't do anything about it.

Privacy is important to me, but I don't kid myself that I can achieve it to the extent that I would like, because in addition to cameras that are everywhere, we are spied on by our smartphones, computers, smart TVs and every device that is connected to the internet.

Therefore, I would conclude that privacy is a matter of personal choice, and this means that those who want more privacy must be ready to make some concessions in life if they want to succeed in this.

Privacy is the most important thing for a beginner and it is best that a beginner begins with a privacy life and when they begin to grow in the cryptocurrency industry, they will have more knowledge of privacy and know how to protect their data.

Some persons that are no longer beginners are regretting because they did not have the information of privacy when they we are beginners and they had already exposed their data and personal information before knowing what privacy is all about. But every beginner who is yet to complete kyc with any company and yet to expose their data, if they understand what is privacy and begins from the day one as a privacy person, they will be highly respected and recognised on the long run.

So privacy is best to beginners are not people that have already lost their privacy.

It can be said that we lose our privacy the moment we come online. How many trackers are there? And every year we learn that even by hiding behind VPNs and using various expensive anti-detection browsers, we remain visible to surveillance systems. In the same way, a newcomer who, as a rule, speaks about himself on social networks takes the side of those who, by and large, are useless to talk about their privacy. Using mixers, we still withdraw money for those details that may already be known to those who are able to detect them.
It is possible to create a second life on the Internet that is completely different from our real one, but in doing so, we will need to lose so many conveniences, the use of which forever leaves an imprint on us on the Internet. And from there, as everyone knows, nothing is removed.
Ban your kids from the internet and move to the desert; then they can dream of privacy.

now I'm sure there are quite a lot of people who don't really care about their privacy anymore. when you install the application on your smartphone, there are several requests from the application to access the smartphone such as contacts and also access pictures, and you agree.
with regards to exchange, however, if we want it easier and do feel comfortable with it all. The KYC that is requested according to the regulations set by the exchange will not be a difficult thing for the trader.
nowadays I believe more people are less concerned about their personal data. maybe contradictory regarding the anonymity that is in Bitcoin. but the end user has to be forced to get easier and more convenient access. we cannot talk about the security of our data. all is not in our control. even the risk of data hacking can also occur.

I Think being private is very important, here is why:
If you are into crypto you should not post winnings this will lure bad people especially in your area and during this situation were we are just in the middle of the recovery from pandemic.
Posting negative experience people will not look good at you since you are posting negative things and they will not follow and will dislike you.
Being private is good although we can't hide everything but we should live simple boasting and showing up what you have, is okay but people this days envied people who reach an achievement so , if you have earn a lot in crypto better keep silent, share it with those people who are close to you.

I think it's important because when you're start become an anonymous, you're free to choose to become anonymous or not. When you've did overshare your private life etc in your social medias, you can't delete it anymore. It become worse if you did something stupid and it goes viral, many people save it.

That's why you need to be mature first and know the risk of everything you choose.

Privacy really helps limit other people from accessing personal things on data that are considered important, actually privacy is very important to protect, but there are certain times that you voluntarily share all personal data to register on an exchange or what is called KYC verification. The exchange does not demand that you share your privacy with them, but you cannot use exchange services without passing KYC verification. You can maintain your privacy safely but at certain times you have to voluntarily share personal information with other parties.

In the Cryptocurrency world, all systems lead to centralization, only Exchanges with a centralized system apply KYC verification to their customers. But if you use a decentralized platform, you can avoid KYC and you have a great opportunity to remain anonymous in your crypto asset trading and investment activities.

For all matters, privacy is very important, although in some places we cannot escape the provision of personal identity, such as when dealing with state administration.
In trades conducted in countries that allow crypto activities such as in our country for example, almost all exchanges impose KYC on users as a condition for being able to make withdrawals in fiat. I myself do not question this.

Regarding the importance of privacy, we still try to protect it as best we can by not doing careless things.

Did your privacy as priority in bitcoin investment? not matter you are beginner or not when entry in bitcoin community you need to expose all your document needed for passing KYC in exchange market account. If you don't know about bitcoin is not matter about how important your privacy and more selective for exploring document ID, but remember you will face difficult when withdrawing, trading and deposit fund in your cryptocurrency assets if not KYC with all exchange account. Actually your privacy have been expose when using internet online and your browser have been expose which one site you search.

If you keep priority most important and won't to expose, I don't think how possibility you can withdrawing your cryptocurrency fund after several P2P exchange required with KYC.

Not only that our phones spy on us, we give or leave behind a lot of digital or online footprints; IP address, location, device etc. To all the sites we visit a footprint is left behind and our ISP keep a track on the URLs we click. All these info are/could be compromised by advertisers, identity hackers or the Government, for personalized uses, like Ads for companies and scam for hackers.

The online footprints can't be removed completely for people who tend to minimize, control or secure the kind of information they've shared online or about to give out. Risking the identity of many users and boosts sales for big tech companies like Google, Facebook, Amazon etc that depends on personalized ads to make billions of dollars.

Amazon (https://www.forbes.com/sites/theyec/2021/10/26/why-the-amazon-ad-business-is-skyrocketing-right-now/?sh=3f8b129473a3) in 2021 made $26billion in sales using personalized ads; tracking the activities of users, the products they like shopping and other shops also take advantage of users data to scale their profits.

Google read our mails to also personalize ads, aside the numerous information they get from searches and chrome browser

Facebook (https://techcrunch.com/2019/03/21/facebook-plaintext-passwords/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYXVyYS5jb20v&guce_referrer_sig=AQAAAJGIngyCdPoFzJT8kHESYq1X5THHM14NCSPiAmZb7ipzeX3V4VDrztLtrnKiWjHfpCxQ56AoOSNQ057_yPhmbrmoKfwdGLdSuqOt8dz0X3nGJAUCcNrDanhOVPy3CLCOmrk9I7uo73fBlJ9dh09gBZ77fj2tqz0a34xVR1GSsdhX) left hundreds of millions of user's passwords on a plaintext, not hashed. Increasing the possibility of untrustworthy insiders to access users passwords.

These are vulnerabilities we expect from top giant sites personalizing billions of users data to increase profit.

This is excellent, but for every user who spend time online there is a privacy breach on their personal information, which they wouldn't approve of if left to decide. Many users on social media share too many details about themselves via posts, and comments or even likes, these we can't avoid while on social platforms.

To stay on a minimal percentage of breached data, one must minimize what they share online also cut off Google (its possible) Duckduckgo for search purposes, VPN to minimize how ISPs get our information, use email aliases for subscriptions and lastly and crucial halt the use of Facebook or google sign ins to create accounts of third party sites that demands us to do so. It puts all our information at risk and when attacked the hacker can have access to other linked accounts too. That means we must make our own settings online, using default settings only guarantees that these platform would have access to more and more detailed information about us; the users.

I think it will be very different for each person, and not because a beginner on an expert just personal preference. For me I wouldn't mind sharing my real name, email or a country where I live in for them to know my timezone to any person who I want to have business with, like a potential client. For some people even a real name is a privacy they wouldn't give their real name to any person they meet online, even when they meet on a real world they would still use a fake name, I don't think that's wrong tho, just a preference. On the other hand, I wouldn't give my address, my age, or other non-business-related or personal information, but some people would just give those detail easily to everyone they meet. I am not going to judge them, I just think that's risky.

In bitcoin privacy is important when you are a bitcoiner. If a newbie start his bitcoin journey it is better he learns how to keep his privacy to himself. If only we can stop using centralized exchanges and use a decentralized exchange and also using bitcoin mixer for sending our bitcoin. There are some countries that placed a ban on bitcoin,it will be easy for government to trace them and get them arrested if the government choose to.

I have come to see that it is hard for one to be live a 100% private life in this centralized world because there are some sites that we need their services,that will ask us for KYC and because we are interested in their service,we don't have any option than to provide them with our documents,like the online casinos. Privacy depends on how an individual have the knowledge of how to  keep his data and information from people. It isn't something so easy.

It is important to have privacy in every aspect of life.  Privacy is very important for things like Bitcoin and digital technology. Most people don't take privacy very seriously, which puts them at a disadvantage. Generally, digital currencies are more prone to cyber attacks due to which they have to be kept very private. Without KYC, it is not right to transact on any exchanger.  Withdrawals and deposits must be KYC. Access to cryptocurrency exchangers and wallets should not be shared with anyone else.Especially those who are new to cryptocurrency are totally unaware of kyc related issues.

Protecting privacy is important not only for newbies but for everyone.  But no one is able to protect 100% privacy. kyc is being made mandatory for gambling trading and some other things so if we want to enjoy them then we must do KYC verification and if we do it then we have to submit our personal documents there.  So in this case our privacy is not protected in any way.  Although the platforms tell us to encrypt the documents.  But the extent to which they adhere to it is doubtful. And because of this we cannot guarantee our privacy

I mean privacy was already a thing in fact a lot of us here think that privacy is a thing and as we all know that is why a lot of people use Bitcoin even though it doesn't completely make you anonymous. Especially for beginners or newbies protecting your privacy is going to be an important thing, we can easily be strict on thoughts kind of things, I mean just think of it a lot of cryptocurrency websites starting to require KYC on their platforms I mean there are tons of members here that doesn't really like that since we don't really know what they can do to our data. I mean if something happened or you did give your information to some shady website or actually a scam website your information could easily be sold to hackers or scammers. possibly the worst part is it is used on some illegal activities or even used on some kind of load or they stole your identity.

There are some cases here in my country where his ID was used because he used it to pay at some store and maybe some of the employees there took a photo of his card where they used it to make unauthorized transactions on his account.

Maybe it cant be helped I mean if they really required this kind of information in order to use their platform you actually going to need to send this information but just make sure or somehow do your own research and do some kind of background check or are they legit or maybe already popular or big platforms.

I  did think the question asked in your heading was rhetorical. I think privacy is important for everyone as not all information should be shared and available for everyone to access.
Privacy doesn’t necessarily mean going off the grid, moving to some remote location with no human presence, technology bearing plans to live off the land hunting and stuff.

Privacy is also a personal choice and responsibility that is primarily left to the individual. Not everyone is aware of how important privacy is or probably don’t care much about what information is put out there.
About CBDCs, there’s little we could about them when it’s fully adopted and used. You would just have to be extra careful on what is purchased whenever using them.

Despite all the methods aimed at harvesting information about people, we could on our part, try to be mindful of the information shared with others. Some harmless bits of information here and there could together,  in the wrong hands, not be so harmless anymore.

every human being has human rights that protect them from birth and no one can take them away, therefore there is nothing wrong with people who do not care about privacy and there is also nothing wrong with people who attach great importance to privacy. I myself think privacy is important but for some things, I remove that notion and provide my privacy data through KYC, but I will be very detailed about the site I use. If it's a new site and doesn't have a reputation yet, I won't be willing to give my privacy data (you are the one who has to choose).

Bitcoin and privacy is an interesting subject because bitcoin isn’t exactly “private”, all transactions are visible on the blockchain which means that transactions can be tracked to the original wallet. Bitcoin mixers were introduced to solve this problem, a few have really good mixing methods that wash coins but the government and regulatory bodies have pushed strongly against mixers one by one. It’s almost impossible to have absolute privacy in the year 2023. Somehow in some way we all have a digital footprint that traces back to us wherever we may be. If the government want you found, they will find you.

We are bare naked when dealing with the state administration or the government.  The moment we were born, our information is already registered to the city office.  But in terms of financial status, there is an option for us to keep it secret to the government but we will be in trouble when they find out that we are not paying the right taxes.  From the previous to recent threads, many people jump into Bitcoin for profit yes, but there are few wealthy individuals who get into Bitcoin to hide their financial status so that they can pay less to the government.

I always believe that privacy is important to individuals, the need to keep their identity and wealth from the prying eyes of hackers and scammers.  It should also be secured when interacting online.  Whether a person is a beginner or an old user, privacy is always important.


In terms of Bitcoin usage, we should not connect our Bitcoin stash to any centralized online platform and any addresses that we connect to exchanges. So it is recommended to use mixing services in order to erase the trace of the Bitcoin saved in our stash.

Privacy isn’t easy even in our everyday life. But privacy is essential because of what it entails that can be breached and cause us a lot of harm when a third party comes in contact with the information there. In bitcoin, privacy is essential and should be taken with high priority and not neglected.


With government, you can’t have a total control of your privacy. To some extent, this is good as it helps to find wanted criminals easily when there’s a breach of insecurity or involvement in illegal activities that can cause harm to the general public and peace of a nation.


This is optional because their are many exchanges that don’t need KYC before you can use them.


Those that don’t regard privacy have nothing to lose when their privacy is been breached. Those that value and acknowledge privacy will not think otherwise because of how precious it is to them. Privacy is very essential and their are no two ways about it.

Everyone needs to be careful with their privacy whether a beginner or an expert. Ideally, we don't share whatever the personal information to random people. I also never share my real name, my residence (address), age, email, country, or anything related to my secret information. Even I rarely posted photos on social media to avoid the misused of hackers. We must be aware to keep our privacy because hackers are getting smarter. Moreover, the technology always develops, there will be more ways to hack/scam people. So, it is stupid if someone easily share their personal data to random people. Or share the information to social media channels.

Privacy should be given with high emphasis not only for beginners but even to those who have been here in crypto market for long. If there are traces of scam in the beginning, then don’t be confident because you might a victim in the future because you care less of your privacy. That’s why never compromise your privacy in order to gain quick profits. You can give your KYC but make sure you’re giving it to the most reputable and trusted exchange you ever know, and not just some random new exchanges in town that are promising huge profits.

Privacy is an important and fundamental thing after all. Keeping our privacy safe is what most of us here always prioritize. But it's a fact, sometimes we can't keep our privacy completely private 100% in certain places. Especially indeed on centralized exchanges which require KYC. Even though they state that our privacy is safe with them, is that true? Nothing guarantees 100% it is safe. But on the other hand, sometimes we have no other way, buying and selling, especially when we want to cash out via P2P, sometimes we are not so sure of someone's reputation. Well, what is certain, however, is that we have to optimize maintaining our privacy not only for security but also for our own convenience. And guard our privacy and the assets we have to avoid things that we don't want. Avoid posting on social media the various crypto assets that we have today, this is also very dangerous.

Privacy shouldn't be a subject of debate because everyone is meant to take their privacy very seriously, it's because of lack of privacy and transparency that the idea of Bitcoin was convinced. For anyone not taking their privacy very seriously that's on them and provided they're not putting others privacy at risk then they're free to do as the pleased. We still have many methods that we can use to keep staying anonymous when we're carryout transactions and it's not mandated to use those exchanges that demand we complete KYC before we can make use of their exchanges.

We still have Peer2Peer platforms that offers opportunity to keep our identity safed while exchanging our bitcoin or other coins to fiats or vice versa. As a newbie one of the things you should pick interest in as you have already involved yourself in the industry is privacy. When your prioritize privacy it'll help you not only stay out of unnecessary problem but also hide your wealth profile and avoid you been a target to scammers, hackers or probably some people that would want to extort money from your hands either through kidnapping or other illegal ways. Privacy is essential not only for your safety but for that of your wealth as well.

Keeping privacy safe is the right of every individual, of course, including maintaining the confidentiality of income, expenses, investments, debts and assets and so on. Of course every individual is different, but in crypto privacy is important. Although everyone's risk tolerance is different, if you don't care about privacy and show off too much, it will attract the attention of many people, which is likely to harm yourself.

In fact I firmly believe that we all should not post anything highly sensitive in this forum because in reality your privacy will not be guaranteed to be safe. So the best advice is not to post anything about your personal information and data on forums because forums are not really capable of protecting your privacy even though many of us talk about privacy. So the bottom line is your privacy is your responsibility to protect it.

Everyone must have believed in the importance of privacy since he preferred to use crypto in the first place. Unfortunately, however, this principle is partially or completely abandoned when dealing with all licensed service platforms specialized in crypto.
This is because it is not possible to define all uses in a manner consistent with privacy in a global system based on centralization and the limited financial freedom of individuals. Perhaps this explains all the restrictions that service platforms impose on users, who are in turn subject to similar restrictions imposed on them by the state or the authorities that granted them activity licenses.

Op are you a new member to the society or to the world? These are not new things to us. From the onset banking system was doing all those things so they are not new to me, KYC is from the beginning  and it is bitcoin and other cryptocurrencies that is even bringing this anonymity to the digital space. Because the creator of bitcoin believe in personal privacy and because he knew that bitcoin will be use by a large number of people and the government will go against the use of it and anyone who disobey the government policies in bitcoin will be persecuted so to avoid all that, he make it anonymous and privacy.

And bitcoin is not control by any individuals, and everyone control their wallets with the portfolio. So any other project asking for kyc is not control by the owner but by others and they can lock your funds, stop you from withdrawing. Government is trying to force KYC to all the things in the internet but they can't do that to bitcoin.

Normal people need privacy, whatever it is, our real life and cryptocurrency.

but I feel it's difficult to implement if all things still need KYC. Everything in this world still needs fiat to exchange our necessities, just a few needs we can exchange with Bitcoin. So that situation, we still need fiat where we can't get it on DEX. According whit this, I often see people who buy KYC and bank accounts just to hide their real identity to register CEX.

About beginners, I rarely see them care about privacy. I know that because I see them in droves registered in CEX just to buy and sell crypto with fiat.

Privacy must always be prioritized as much as possible to secure from all actions that can lead to the greatest risks such as crimes that often occur because hackers know the wealth owned by each individual.
Luckily for individuals who are still able to maintain their identity or privacy, including securing it through a mixer.

Regarding the small number of rich people we discussed who are willing to enter, there is a possibility that they don't know there is a mixer service that can be a solution for hiding user identities. Another possibility is that they are afraid of negative claims made by FUD against mixer services.

The wealth that hackers know is the wealth that has been published by the owner himself, so this is certainly not done by every individual at this time. Especially for those who have seen crimes that happen to other people and they definitely don't want this to happen to the assets they already have. So this is the point of applying maximum privacy to the assets we already have.

Rich people who still don't know about mixer services that they can use as a solution are probably still very many. But besides they don't know how to use it, there is some truth in what you said that they may still be afraid to use mixer services because of bad claims from a small number of people. Even though it has become a solution for them, because now there are very many rich people in this world.

You want to convey that there is no need to publish things that should be kept secret to the public. Nice response. It should need to be taken care of by people out there who have such a habit.
It needs to be acknowledged that there are things that we cannot avoid from handing over identity, as long as it is not related to wealth which can bring danger, it doesn't seem to be a problem.

If they don't know how to hide assets ^{not to avoid government taxes} so they don't become known, there can still be a solution if rich people are willing to learn, including learning to use mixer services.
The problem is sharing wealth with the public by posting on various types of social media platforms just because they want to be recognized that they have many assets. Therein lies the danger.

Agree. To create bank accounts and to register on top CEX, both are needed our privacy data. Although we are aware that it is very risky, we have no choice because it is the requirement. Not everything can be fulfilled by a decentralized service like DEX, we still need centralized services such as CEX and banks. So, it seems still impossible to keep privacy data totally.

It is because they don't really understand about the risks. Or they just hurry to join CEXs because they want to earn money as soon as possible. Newbie has a lack of knowledge, we can understand if they seem careless to keep their secret data.

Op first of all I want to ask you about what is the degree of privacy in your terminology because everyone takes different means of privacy in his zone. As for me, privacy is I'm a student I don't own millions of Bitcoins which I need to protect from external tracking and attacks, so for me, privacy is like an unessential additional layer. I'm not saying privacy is not important but in my zone from my view which I think everyone needs privacy for some reasons and close to me biggest reason is funds protection which I don't own (In a big quantity).

For my document protection and personal details, I'm sensitive I do not support any type of platform asking for your KYC or documentation to use the services, in call for / Necessitation things can have a little compromise but avoiding it is better solution.

Well this is for the crypto world of you can financial world, in the reality on the internet privacy doesn't exist, let me explain to the common person who is on social media, who use tiktok and things like that nothing is private on social life, in his private life he can have some life secrets and privacy but we are talking about the social world.. Privacy is a myth for a common person and he made it by himself.

A very sharp and hard-line is if a person wants privacy right after being on social media He's a fool... Why he is on social media if he wants nobody to know about him and his life?

It depends on the individual whether or not they want to be more privacy-centric with their affairs. And from what I have come to understand is that its not everyone who do bad things that want privacy. Sometimes, we just want to do our thing without prying eyes especially when it comes to financial transactions. It also depends on the situation. Sometimes, things are better left in private because if its out in the public, the damage level significantly increases.

I think this is why NDA are signed in professional settings but it can also span to personal matters as well.

Yes, privacy depends on personal beliefs or decisions but the world we're living in today has made privacy a must-priority service for everyone especially people who are into cryptocurrency.

Yes, and the major concept of privacy is to promote security and prevent vulnerability to prying eyes but it is the people who are into bad things that use it to their own advantage.

Yes, privacy is incredibly important for new users but I also understand that privacy is on a spectrum and it takes time. If we are all doing our part to send all of the new users to the best and most private tools right from the start, then we all gain privacy as a network over time. Simple things like using an HD wallet are already obvious and largely adopted across the industry but I think the biggest choke points are KYC and people not running their own node.

I know a number of people who buy privately on HodlHodl or Agora desk but they don't run their own node so who even knows who they are just randomly sending all of their address/tx data off to without even realizing it.

I wrote an article on how to use bitcoin anonymously (https://www.whatisbitcoin.com/privacy/how-to-use-bitcoin-anonymously) and I have come to the conclusion that running your own node needs to be the first thing that you do to preserve your privacy. If you don't, then you're giving all of your address info away to someone for free. If that node is a chain anal company, then it's game over for your privacy. The best I can do for the new users is to get them on to Blue wallet at first and then slowly onboard them into running their own node and then moving to Sparrow wallet so they can use coin control, CoinJoin, and connect to their own node.

It's definitely an uphill battle but it's worth it and super gratifying when a new users gets their own node up and running.

Why will opinions on privacy differ among people? There is a tendency for exchanges to sell our details to any third-party company or give our information to the government if they ask, so people who are aware of this risk will never disclose their personal information to exchanges. This poses a risk for people who live in nations where bitcoin is illegal because, if the government learns of it, crypto users who provide their information to exchanges risk being punished for breaking the laws of their country.

Privacy will never be less important, not now or in the future. It’s always an essential part of our lives. Even if technology takes some part of our privacy, but we will never end up disclosing all our personal details and information. However, if we are not careful enough in providing our KYC, and we keep on giving KYC information even to those unsecured sites, then expect that we will end up being scammed. Not only your identity will be steal,  but as well as your money and crypto assets as well.

Yes why do you think its not important for beginners? They are not only dealing their crypto but rather all their personal important matters so if they deal with scam and their identity got exposed either they will be used for scamming or they might encounter some big financial issue since scammers can penetrate to their bank account or other financial related platforms if those scammers can access those by using his identity. So newbies should consider to be more safety to avoid big problems regarding such risk.

In my opinion; i do not think there has ever been privacy in crypto currency or tech; either you buy bitcoin or altcoins; or you practice designing or stuffs as such; theres not a time you have been private. Our mobile phones gives out ip address; browser with caches history gives out your chat information; btc transaction gives out ip too. And even some cex sells data out to government or private agencies.

The only difference is that many individuals are now well informed about their data and privacy being exposed; compared to before. Data privacy in crypto or tech is an haux.

what is feared may be related to a new project that is making sales and asking for our KYC documents. or exchange platforms that ask for KYC then they go bankrupt. Of course, there are concerns about our privacy. but as long as we do KYC on a site or platform that has a good reputation, and indeed we use it all the time, not just to claim bonuses. I think it's okay to do KYC.
what is worrying is when people participate in airdrop and bounty campaigns. but when they want to claim the reward, they are asked to do KYC. and they didn't think to detail everything.

First thing, you shared your Location publicly on your forum profile, so I don't know maybe you missed this one, you might consider changing it.
I do agree that sharing anything to RANDOM people online is stupid thing, but I think no one is that stupid to share anything to just RANDOM people. People wouldn't just share their personal information without any purposes, and that definitely not to random people.

Depends on what you want. But take note that we are accepting the "Accept terms of use" blindly and our whole internet life. We are not longer holders of privacy. Most important is knowledge and study a lot. Do not invest blindly

Privacy isn't a necessary for every to do or to make but a choice for a person to decide because some people are okay with not having a good privacy like for example, where their name is known by people, net worth, background and other information while the others wanted to have some privacy the way they want for some reason that only that person knows or taking their privacy seriously even though a person won't be able to have 100% privacy as what you can read on Charles-Tim's post which I agree with . Anyway, as you can read from mk4's post that some people can't take privacy seriously which supports what I said about why it is a choice for a person to have a privacy as good as it can be.

What is hard in learning about how to go private with bitcoin when there are alternatives to achieve that, are people relunctant to learning how they can go about it or what? Do we really needs a legal approval for privacy? Some that feels like bitcoin is not the way forward will not even use it talkless of adopting and going for it privacy.


You cannot compare physical and personal privacy together with bitcoin privacy because they are different and varies, bitcoin was not created on the context to solve our personal life privacy in the environment we live in, the target is on bitcoin privacy in our financial daily living.

Not only for beginners, privacy is very important to be maintained by all forum members who store crypto assets. Privacy needs to be maintained by each individual and should not be spread haphazardly, especially on social media and generally on the Internet. Although privacy cannot be fully maintained in general, it is also necessary to consider which party the important data is shared with. Like when going through the KYC verification process to register on Exchange or things that require attaching privacy, I don't think it's a problem as long as the party has the legality to protect your privacy.

I'm sure, people who are already known in the Crypto world or whose names are often found on the internet and social media can still maintain their privacy. they never reveal their identity and the amount of their assets to the public because it would seriously endanger their safety. Because of that, the main originator of Bitcoin, known by the pseudonym Satoshi Nakamoto, has never revealed his identity to the public because of many things that he considered, rather than his life being insecure like getting lots of terror and threats, he chose to remain anonymous.

There is no need to flaunt large amounts of wealth or Bitcoin on the internet, many extreme incidents have occurred as a result of flaunting a number of assets on the internet. As happened to a Goldman analyst who was found dead some time ago.

Source:
JUST IN: Missing #crypto millionaire found dead and chopped up in suitcase. (https://twitter.com/WatcherGuru/status/1684599359940198411)
Body of Goldman Sachs Analyst John Castic Found In NYC Waters (https://watcher.guru/news/body-of-goldman-sachs-analyst-john-castic-found-in-nyc-waters?utm_source=TelegramNews&utm_medium=TelegramNews&utm_campaign=TelegramNews)

Privacy is a necessity.
Without CBDC banks already need verification before you can have an account with them. They know everything you do with your money and everything you pay for. An institution shouldn't have that much power over any individual. They can freeze your money at any time and give some lane excuse about it.
What's worse is they are controlled by the government and the government can use it as a tool to tighten their grip on people's throats. This happened openly in my country about 3 years ago.

A lot of people don't care about privacy. Some people have said I'm overreacting or being unnecessarily paranoid. Some would say you're a conspiracy theorist.
A lot of innocent young people who called out the government on their injustice in my country suffered and most of their suffering came through the banks. They had all their money in the bank. A lot of them had no single Bitcoin in their wallets, that's if they had any wallets at all.
This single action showed me how much of a pawn we are in the hands of the government.
To an extent, you can't stay out of the prying eyes of external bodies completely, but to an extent, you can control how much they see and know and you can also control how much control they have over you, this would not have been possible without Bitcoin.

As you can see that privacy is important to everyone because even when you are trying to stay private,there are some people who is after your imformation unknownly to you. As long as money is involved to give out information people are ready to collect peanut to give out anyone's information.

Try to keep your information private by using only one site that uses KYC,so that there will be a lesser risk at your side because one can't keep 100% of himslef private as long as we are online.

There might be exceptions, but in my opinion it is very difficult for beginners to keep personal privacy, not only because of other members have said about data leakages and the recopilation of information to be sold to third parties, but because we live in a constantly changing landscape where, even if you knew today how to keep privacy, tomorrow things may change and no one will tell you.

So newbies will carry out actions that will unfailingly lead to the transmission of personal data, and most of them will learn little by little. But, again, even the most experimented ones must keep recycling themselves if they want to keep acceptable levels of privacy.

Add to that the fact that we have a generation of young people who are used to the opposite: to broadcast their lives step by step through social networks. Most of them are approaching bitcoin for purely economic reasons and do not care about privacy in the slightest, which can be dangerous.


The problem is that once you have given away your privacy, it is very difficult to get it back.

You're right Mr. Peter, although I was thinking more about a phase when you learn as a newbie and make the unavoidable mistakes almost all people make, and then, when you have learnt enough create a new anonymous persona in the internet. I'm thinking in the forum for example: Satoshi was well aware about privacy, this is why his identity is still unknown, but I wouldn't say the same for most active members, me included. It could be a good idea to create a new alt account when you learnt enough to keep it private, for example.

Well, Satoshi, apart from being much more tech-savy than us, was aware that he had created a currency that he devised as an alternative to legal tender, and that he could spend a lot of time in jail if he neglected his privacy. Today it is different, I think, because in the end bitcoin is used more as an investment and it is clear that it is not going to compete with the dollar or the euro to replace it in day-to-day payments. In addition, a lot of shitcoins have appeared, created by people with names and surnames for this very reason, because they are created more as an investment, although they also function as currency (a separate case would be that of stable coins, but I don't want to dwell on this here, as it would be off topic).

Our case is not remotely similar, although it is better to try to take care of privacy as much as possible.

Privacy is very crucial for everyone especially for beginners. Just because cameras are everywhere and KYC is becoming a trend, that’s not enough reasons that we should lost track of our privacy. No matter what happens, we should still stick to our privacy because it’s the only left for us so we won’t fall into scams and any form of fraudulence. But if we’re weak enough and easily lure to what’s in front of us, when privacy is being robbed, I guess it would be hard for us to recover it and expect the worst scenarios to happen once we do things without caution.

I feel when it comes to anonymity, there shouldn't be boundaries to that... Anyone can be scammed remember?? Being a newbie to the crypto world doesn't mean they don't have some shares capital or funds in Thier local banks..
Anonymity isn't a feature that should know boundaries since it's actually the essence of crypto. It's never an option to know people personally behind hotwallets or P2P transactions - but unfortunately, KYCs have ruined the original purpose.

Sandra 🧑‍🦰

Yes, Security is paramount for newcomers in the crypto world. Inexperienced users are often targeted by scams and hacks. Safeguard your investments with strong, unique passwords, use reputable wallets and exchanges, enable two-factor authentication, and educate yourself about common threats to ensure a safe entry into the crypto universe.

Privacy protection is different from security protection. In the aspect of the thread content I think we are to talk more about the importance of privacy protection in the life of crypto beginners.

Over to the OP, Privacy is among the reason why crypto was introduced for the first place but currently I can say the opposite as the current generation don’t care about what information others have about them and their holdings, it’s only those who know the true importance of privacy that have tried to make it vital in keeping it hidden. It will actually go a long way if every beginner is to know so much about privacy why they should remain anonymous and all of that but no one should be force to do it anyways.

Everyone have the right to what they really want if knowing the importance and as a beginner you choose to neglect it then that’s to the individual own detriment Whats important is for them to know what decision they take afterward is on them.

Privacy is meant for everyone to enjoy regardless of being a beginner or not, we can desire to have it as long as we wish to, but how do we now get his privacy achieved, we should know that this does not comes from government or any centralized exchanges and institution, privacy is what we can by our own self get through the way we live our daily live when we have control and decision to make about them on our own self, this begins with the freedom we first wanted which wasn't given by government than in decentralized network, therefore if you want this same privacy, don't expect it coming from the government than how you could achieve it by yourself.

For a newbie, privacy is especially vital. Since he recently started, he could not be very familiar with security procedures, but he should learn to take appropriate privacy precautions.

In my opinion, privacy is important, whether for beginners or experienced users. Both need to be constantly updated regarding the safest terms of use.
Here I am not talking about the field of crypto only, but rather about preserving the principle of privacy in all digital uses, which has never been an easy matter and may become more difficult with the tremendous technical progress that occurs every day.
The big problem with beginners is that it takes them some time to understand the concept as a whole, since the culture of centralization is prevalent in our societies and economies, which does not take into account the principles of privacy in any way. Experienced people have to stay awake all the time in order not to miss privacy-invading technology updates, and to learn the latest ways to avoid this.

Privacy is important not just to a beginner, but for everyone. So is security. Without these, you are vulnerable to losing your data, your identity, things about you and what you do...all of which is completely covert if you aren't secure. The only time you know your security and privacy is compromised is when you lose your Bitcoin....however what people don't realize is that losing their data to hackers, governments, corporations, spying/tracking, is a business that exploits you without you even knowing it or until it's too late.

I and many other community members have discussed why Cybersecurity & Privacy is important for everyone here (https://bitcointalk.org/index.php?topic=5434404.msg61581530#msg61581530). There is also a community vote running to add the board here (https://bitcointalk.org/index.php?topic=5462155.msg62650130#msg62650130).

Anyone who wants to see Cybersecurity & Privacy discussed on BitcoinTalk in one central board, should visit these threads and support the cause,

As a beginner using Bitcoin, I believe privacy is crucial because it helps keep my personal and financial information safe. When I use Bitcoin, my transactions are recorded on a public ledger, which means others can see what I'm doing. To protect my privacy, I should take steps to safeguard my identity and transaction history.

To do this, I can use privacy-focused cryptocurrencies or special tools in my Bitcoin wallet that make it harder for people to trace my transactions. I should also be careful about sharing my personal information online, as it can be used to connect my online identity to my Bitcoin activities. I must also remember to follow the rules and laws in my area, as some places may require me to share certain information when using cryptocurrencies. Balancing privacy and compliance is important for me as a beginner in the world of Bitcoin.

When I got on to the crypto boat a few year back, I was more concerned about security than privacy as we are dealing with money and naturally you want to protect your home bank! Same scenario applied to beginners, if cryptocurrencies were introduced to someone for the first time and you told them this is as good as your local currency,  I have no doubt that they will be more interested in the security side of things than privacy!! Privacy concerns are to be expected from pro users who know the pros and cons of the technology and not from beginners.

My thoughts too, and with cryptocurrencies going mainstream and the major players being centralized... I honestly think we have given up this card called "privacy" as this is beyond our control as third parties are calling the shots on this unfortunately... Privacy today is somewhat out of our control unless you are a pro user.

True, the data that you have sent may not necessarily be signed out even though we have decided to opt out of the platform. Yes, the terms and conditions apply and we have checked them when doing so even though as said the day after tomorrow or things may change and if that feels burdensome we have to look for options that make us safe in the end.


Especially in financial investments and one more thing regarding transactions, where Privacy is a very necessary thing where we can choose what and with whom we will transact and be protected from people who have no interest in disclosing our financial history.

Privacy is sometimes underrated, especially for beginners who care less about it as long as they can satisfy their own greed. But when CEX made them start losing, that’s when they realized that privacy is still crucial and we should still keep and prioritize our privacy first more than any matters. However, with KYC, it’s a different story. Giving your KYC does not mean disclosing everything about you. You are just giving some of your personal information, and it’s up to you if you’ll give your real identity details or provide a fake one but always be ready for its consequences later.

They are prone for manipulation and doesn't know about the risk since there mind is full of expectation about possible big profits they can get from the investment they get or those airdrop which requires KYC without realizing the risk. Later on once hacking issues will be experience by them for sure for second time around they will be more careful on giving to any platform they want to go or trying to look after especially on investment and other things they see online.

I believe no matter how hard we try we cannot be %100 in control of our personal data. Lets take for example the CCTV camera that are positioned at strategic locations at banks, shopping malls, hotels, hospitals etc. Some are even hidden that you cannot see them, they take pictures and records of your every movement. When we open bank account we are required to give out our information, when we install some apps on our phones, we give out our contact, location etc. Another tool is CBDC, which is just another version of fiat that's still being controlled by the government, it can be tracked and frozen anytime. It is just impossible to avoid prying eyes. Cryptocurrency like bitcoin can help one to achieve privacy if used properly such as trading on DEX, frequently changing addresses, using mixers and anonymous browser.

If you don't take privacy serious as a biggjnner, you will later regret when you become a pro. As a matter of fact, privacy and security are the very first things every beginner should learn if they must survive the digital space at large.

Check and see how much big techs spend in privacy protection of the data of their users. This will tell you the importance of privacy.

So yes everyone need to take their privacy seriously. Don't grant permission to every applications especially those you don't trust.

I agree with you - privacy is not 100% secure. But maintaining privacy as a crypto user doesn't require you to achieve 100% security. This means you need to maintain the financial privacy of your wallet - don't share balance ownership on social media and don't use centralized services. This is supposed to keep you safe from a financial privacy perspective in the crypto space - but you are never safe from tracking from the government whose services you use such as banks.

Even Google can track and log any activity we do - so some safeguards and precautions need to be taken to prevent users from doing silly things that compromise their financial privacy.

Privacy will always play an important role for everyone of us, regardless if we are newbies or pros in the trading market. It’s just that beginners at some point prefer to easily disclose their private information as long as there is promising profits being at stake. However, I’m not saying it in general since there are still few of the newbies who are still reluctant to provide KYC or not easily give their personal information even if there are promised profits ahead. And I think it’s good to know seeing not all of them are into greed or into selfish desires. Giving some of your private information is not bad, but always do it with caution.

Privacy is not something that comes to a newbie’s mind when he comes into this space. I will use myself as an example, when I first heard about bitcoin, my thinking was focused on ways I could earn more money so I can afford to buy bitcoins, privacy was not a major concern of mine so when I was ready to buy my first bitcoins I didn’t mind about kyc or centralized exchanges. I only learnt the importance of using dex and keeping one’s coins unlinked to their identity.

Security is the first aspect of bitcoin beginners needs focus on and learn about . No matter how risky the exchange wallet maybe most people still use it to trade their bitcoin and other crypto, their are lots of things happening in exchange and beginner that doesn't have idea about exchange can fall into the hands of wrong trader . Having  knowledge on security and how scammers operates should be what beginners must take very serious to know,  because their is no need having bitcoin without knowing security and how scam operates.

And even for old-timers, privacy doesn't really matter but what matters the most is how to earn money from crypto. In fact, exchanges now are asking for KYC, the more it leads to losing our privacy totally. I could say that if we are looking for privacy, it is hard to find it here in the crypto space. For me, privacy is just an option but taking for granted that exchanges are requiring us users to submit our personal identification, I don't know if we still need to think about it but rather prepare to lose it soon.

Privacy is most important to a person, whether it is about himself or others, privacy always serves a person to hide his important things. For example, if we transfer a large amount of money from a bank, there is no privacy, but the bank officials can identify where the money has gone and what it has spent on. But when we use bitcoin digital currency no one can catch this transaction doing a work with complete privacy. We have seen that most of the people use bitcoins for their black money or money laundering to keep their identity hidden so that people can't know and catch their transactions. In that case, if we do any kind of transaction, if we have privacy, it is of the utmost importance to us. It's true that there are many people who don't think about their privacy as a whole, they always think positively about it. But in our society and daily life of course privacy is needed in all areas where keeping oneself secret is most important for one's own safety and well being.

I would say not only for beginners but for all especially when we are dealing in digital currencies which are more prone to hacks as we can easily compromise our privacy unintentionally so need to be extra careful.In bitcoin world privacy is what makes it more important and the more we adapt to it more safety of our funds.You sign up on exchanges and give them their details or exposing your seeds to someone else would easily get you loose control of your wallets and funds in them.There are some extreme and basic security measures on which we should focus but for many privacy is just a normal thing and they have different means for it.

In today's world, it is impossible for any person to hide yourself or protect their privacy. Many organizations take our data and use it without our knowledge. Everywhere is now a camera that looks eyes on us and saves every movement of us. If a person wants to look at us then he could do this even from another continent through hackers. In the case of Bitcoin, it is designed to be anonymous. But their anonymity is not absolute as your transaction is saved in the public ledger and every person can track you easily through this. So privacy is more important in our life and we have to do something about this. In the case of Bitcoin use a mixer and VPN which would make it difficult for others to track you.

Mind you that it isn't easy for just any person to track you using the blockchain, yes the government and blockchain analysis corporations might be able to track you because they collect/request data/KYC from centralized exchanges and other custodial services that the person's coins have touched, but it is impossible for just anyone to get/request this data, so it is practically easy to hide from "ordinary" persons.

Agree. Privacy is necessary whether we are newbies or pros. Private information shouldn't be easy to share although we may get benefits by sharing it. Everyone must know the issue that private data can be sold on the black market. It is not only newbie data, the data of experienced people can be sold as well.  ;D So, everyone must take attention for their private data / private information. As long as it is not very urgent, never share the data for any purpose.

Sure, not all newbies easily share their private data/information. The newbies who understand how important their private data and care about it, they won't share it to anyone whatever the reason is. Yep, even there are newbies who don't want to join CEX because most CEX require KYC. KYC procedure is the hardest thing, it requires to share private data.

Sharing a little, some, or all of data will be always risky. It is not recommended to do whatever the reason is. Unless it is for trusted thing, never try to share private data to anyone.

It's definitely very important. Because privacy does not need to look at beginners or seniors, but privacy is within the scope of all people and all levels, especially in the field of crypto investment, what is certain is that privacy is very important to maintain. Because when we start to join in investing or trading cryptocurrencies. We definitely have to always secure the assets we have so that they are always safe and always maintained. So it is only natural that all investors in crypto must maintain their own privacy.

And this includes beginners too. Because even though they are beginners, there are quite a few who already have a lot of crypto assets. That's why privacy is very mandatory to maintain, even for beginners. In fact, in my personal opinion, it is beginners who should protect their privacy more, because beginners in crypto are more vulnerable to fraud, which can result in their identity being hacked by these fraudsters. So in conclusion, what is called privacy cannot be underestimated or only has to be guarded by some people. Because basically privacy in the crypto realm is very important, because it contains very important information, such as assets.
So investors in crypto, whether senior or beginner, must be more careful in choosing an exchange and wallet to store crypto assets.

Yes I think privacy is a very important factor that helps you build success. Sometimes it becomes very difficult to maintain privacy, but there are some basic things that must be kept private should be protected.But as privacy is important in all important business especially in Bitcoin it is very difficult to protect privacy, but it must be protected.Nothing is private to you and I. There are things about others that we can't keep private even if we want to keep them private.There are many stealth systems available today that can make you 90% if not 100% stealthy To protect privacy we use many elements like glasses etc. With VPN, we protect privacy, and you should protect privacy in case of investment or Bitcoin because many countries are using VPN Bitcoin is very important to protect .Privacy is very important when it comes to Bitcoin investment.Because it is illegal to use Bitcoin in many countries, it is very difficult to work in Bitcoin in those countries Then the secret of Bitcoin is trust because if not, it will be banned, harassed, tortured by the police, etc.It is up to you whether you keep the privacy, but there are some things which you cannot keep confidential like data management in these cases you have to depend on the latter because at any time
Finally, the best thing you can do is to try different elements that you don't have, and that you can protect by different means If you are not a victim, you will be in danger and those who are with you will continue, so it is very important for beginners to protect privacy. Newbies should train themselves to protect privacy by taking advice from elders in forums.