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Author Topic: Anonymity & Bitcoin - do we really need it?  (Read 2678 times)
AnonyMint
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December 09, 2013, 11:47:28 AM
 #21

Privacy. I don't want anybody looking into what, where and when I spend my money, like banks are doing nowadays.
That's a lost cause. Just like you don't write "private" matters on postcards or in emails, you shouldn't expect private online transactions, be it with credit cards, wires, or bitcoins. Sure, you can make it hard to tie your identity to a transaction with any of these, but not impossible. The only reason Bitcoin offers a significant degree of anonymity today is that it is still  a new, obscure technology.

Rather than obsessing over the impossible, we should note that Bitcoin brings in the possibility of public audits. Unlike todays surveilance society, where access to complete information is exclusive, asymmetric, and therefore unfair, Bitcoin can win the battle to make acess to financial information fair. The citizens' transactions are monitored by the State and corporations, ay the same time these entities harras, imprison, and even murder citizens who try to do the same. Bitcoin can be a path to a more transparent, accountable government and corporate sector.

The bolded text is fantasy and delusion.

The public ledger will enslave the 97% but the 3% will be entirely anonymous, because only they control the means (NSA, packet sniffing on all networks, etc) with which to break anonymity regularly.

I see so much of this stoopid delusion among the Bitards:

https://bitcointalk.org/index.php?topic=363852.msg3889591#msg3889591

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December 09, 2013, 11:59:11 AM
 #22

Its good to have the choice.

But as adoption becomes mainstream, the wider public has shown that they don't mind their privacy being compromised - e.g. cookies ads tracking on their browsing or street cameras - provided they get a better price, convenience, or there is some element of security or safety reassurance.

People may not like the fact that once their identity is known, their purchases could be tracked by the blockchain. But that can be relatively easily dealt with, its more upfront perception than anything else.

Many people that like Bitcoin do so because of its anonymity features. There are some that are trying to make it more decentralised, less prone to government intervention and more secretive by encouraging the use of peer-to-peer exchanges.

So again, its nice to have the choice, but cash still offers the ultimate anonymity. It should be outlawed.

AnonyMint
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December 09, 2013, 12:06:07 PM
 #23

What choice? What anonymity?

Me thinks you are naive.

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December 09, 2013, 12:47:01 PM
 #24

i think bitcoin will go more mainstream and will be less anonym and Zerocoin will be for libertarians and other businesses.

https://bitcointalk.org/index.php?topic=362468.msg3878992#msg3878992

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December 09, 2013, 11:33:33 PM
 #25

If we go into a Madmax world where the governments are bailing-in all the bank deposits, they are instituting negative interest rates to charge you money every month for having money, and the IMF's proposed net worth tax, etc...

Then all those who have wealth will want anonymity. And all those who don't have wealth and suck the tit of government, will not want anonymity.

Which one of those categories applies to you?

Do you think that Madmax outcome is not coming before 2020?

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