How big of a role does privacy play?

[TimtheYoutuber]

How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.

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[Aura]

Privacy is important for me, it's part of the freedom we have. I think Bitcoin has enough privacy if you use it the right way, for example it doesn't limit you to create a certain amount of accounts/addresses, like banks do. Use this feature to give yourself more privacy, don't use an address multiple times for different payments if you want to stay anonymous. Also Bitcoin doesn't require any of your personal information, it's the exchanges and web-wallets that want you to register your personal details. Create a desktop wallet or generate a random address using bitaddress.org, you don't have to be connected to the internet to receive transactions. For extra privacy there is also something called a mixer, it fully anonymizes your transactions and as far as I'm aware of is legal in most countries.

[TimtheYoutuber]

Privacy is important for me, it's part of the freedom we have. I think Bitcoin has enough privacy if you use it the right way, for example it doesn't limit you to create a certain amount of accounts/addresses, like banks do. Use this feature to give yourself more privacy, don't use an address multiple times for different payments if you want to stay anonymous. Also Bitcoin doesn't require any of your personal information, it's the exchanges and web-wallets that want you to register your personal details. Create a desktop wallet or generate a random address using bitaddress.org, you don't have to be connected to the internet to receive transactions. For extra privacy there is also something called a mixer, it fully anonymizes your transactions and as far as I'm aware of is legal in most countries.

So even though other alternatives exist like monero which are based on your high priority . You are still bullish on Bitcoin?

[The Sceptical Chymist]

I'm not buying illegal goods, or even gambling, so I'd have to say I'm not all that concerned about people knowing my bitcoin address.   Cash is still the most anonymous form of currency--but as long as no one can link an address to a real person, bitcoin is pretty anonymous.  At least enough for most people.   

And yet somehow the feds end up catching criminals like the Silk Road posse.  I don't know.  I'm sort of indifferent.

[TimtheYoutuber]

I'm not buying illegal goods, or even gambling, so I'd have to say I'm not all that concerned about people knowing my bitcoin address.   Cash is still the most anonymous form of currency--but as long as no one can link an address to a real person, bitcoin is pretty anonymous.  At least enough for most people.  

And yet somehow the feds end up catching criminals like the Silk Road posse.  I don't know.  I'm sort of indifferent.

That isnt the only reason though. If I know that your address is X and X has $100k in it, I can work harder at phishing you or even robbing you. Well even if law enforcement or another entity cant fully track people and their bitcoin address. New technology is making advancements and soon or later it will become easier.

[fiulpro]

Well I do think there isn't that much negative role when it comes to the whole idea of bitcoins

In fact the blockchain technology enables us to look at something in a very transparent manner..

It could easily stop corruption and we can look forward towards a better future.

I don't even know why one needs privacy if he is doing something right... Its a question when you are into something shady..thus I think.. I won't mind my privacy being breached .
In terms of transactions ^

[TimtheYoutuber]

Well I do think there isn't that much negative role when it comes to the whole idea of bitcoins

In fact the blockchain technology enables us to look at something in a very transparent manner..

It could easily stop corruption and we can look forward towards a better future.

I don't even know why one needs privacy if he is doing something right... Its a question when you are into something shady..thus I think.. I won't mind my privacy being breached .
In terms of transactions ^

Like I have said, it can put a target on your head. If I know you have $100k in BTC then I could try put more phishing attempts at you, or could rob you.

[eazy-e]

Privacy is important to me. I think thats why cryptocurrency was introduced in the first place. DeepOnion is an interesting coin using the tor network to guarantee anonymity, very interesting stuff!

[Morchid]

I agree privacy is very important especially when it comes to assets. That's why I have been spending time investing on DeepOnion, as I feel it has lots of potential to beat Monero and Dash in the near future with all its upcoming features. This is just my opinion though and would suggest others do research before investing large amounts of money like me.  

[24core]

How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.

Privacy is very important. The government always wants to see how much you make and have total control of your money when necessary.

Anonymous cryptocurrencys protect us from those type of thieves.

[vectisitch]

+1 for deeponion. wit hthe planned features it will be the best choice for full privacy. we need privacy in crypto and in the near furture i think the anonymous coins will be the ones to use. that why i'm heavily into deeponion.
 i'm not shilling i just believe in it. look at it for yourselves and make your own minds up. some anonymous coins in your portfolios is a must imo. get some deeponions

[kueyen]

How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.

Privacy is very important. The government always wants to see how much you make and have total control of your money when necessary.

Anonymous cryptocurrencys protect us from those type of thieves.

To a certain extent. When you want to cash out and use the money you make off of bitcoins, you are back on the grid. Due to this, I will never consider bitcoin to be completely anonymous, until (if at all) we reach the stage where bitcoin is a closed environment and you don't have to cash it out to use it.

[ukloon]

As crypto becomes more mainstream there will be more demand for privacy coins. Monero and dash are too expensive right now, train has left already. Better off buying deep onion, cheap on the exchanges with huge growth potential next year!

[barabut]

Privacy is the main reason that has been not supported by government, in one point and it makes why there is some negative news show up

[bitbunnny]

Privacy is important for me, maybe even more because I’m from Europe which gives much biger accent to this issue than USA for example. I like the feeling that my privacy is kept and protected and that my data are avilable to everyone. Bitcoin is not anymore anonimous like it used to be and there are many tools available that can help to identify the users and transactions but still you are not completely exposed by using it.

[Rinsend]

How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.

this does not seem too important.
because even if someone knows the transaction from the bitcoin address we have,
but at bitcoin address is not listed our personal data,
so this is not a problem, as long as our data is stored safely from every transaction that we do.
and we still have a sense of comfort about transacting using bitcoins

[llyfee4u]

Privacy is of course very important i think.  The way i see it is, one wouldn't necessarily walk around the streets with a placard with all personal details on.  To my mind its a similar thing in crypto and online in general.   Its a sort of catch22 situation because, corporations and governments would probably want minimal privacy but the essence of crypto is the opposite in addition to all the other features and benefits it provides.

[TorbiK]

If you are very worried about privacy, perhaps you should try currencies created specifically to protect privacy. Although 100% no one can guarantee. Maybe I'm wrong.

[new24core]

How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.

Privacy is very important. The government always wants to see how much you make and have total control of your money when necessary.

Anonymous cryptocurrencys protect us from those type of thieves.

How so funny as you stole my account and you talk about thieves...the irony!

[kriptotr]

Well I do think there isn't that much negative role when it comes to the whole idea of bitcoins

In fact the blockchain technology enables us to look at something in a very transparent manner..

It could easily stop corruption and we can look forward towards a better future.

I don't even know why one needs privacy if he is doing something right... Its a question when you are into something shady..thus I think.. I won't mind my privacy being breached .
In terms of transactions ^

I prefer fully private blockchain in bitcoin, but in the reverse, it's fully transparent where any of the people outside can follow our all transactions and transfers. Privacy lovers can go with Monero and zcash if they're rigid for privacy.