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Author Topic: Would you add your physical location to your payment address?  (Read 316 times)
roadmarket
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December 06, 2017, 03:16:27 PM
 #1

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

Sukhbir Benipal
https://benipal.com/Benipal.html
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Stianyd
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December 06, 2017, 03:33:13 PM
 #2

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.
Renr
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December 06, 2017, 03:33:42 PM
 #3

crypto currency being non traceable and all
Usine
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December 06, 2017, 03:34:03 PM
 #4

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.
You are badly misinformed
Kesecer
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December 06, 2017, 03:34:23 PM
 #5

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"
Amial
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December 06, 2017, 03:34:51 PM
 #6

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"

Well, it defeats the purpose, I wouldn't do it, we already live in a surveillance state, a worldwide one.
Bamel
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December 06, 2017, 03:36:03 PM
 #7

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"

Well, it defeats the purpose, I wouldn't do it, we already live in a surveillance state, a worldwide one.

but wouldn't the fact that you could use bitcoin or whatever at your local stores and shops just like regular currency be a pretty good argument otherwise?
Rludd
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December 06, 2017, 03:37:30 PM
 #8

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"

Well, it defeats the purpose, I wouldn't do it, we already live in a surveillance state, a worldwide one.

but wouldn't the fact that you could use bitcoin or whatever at your local stores and shops just like regular currency be a pretty good argument otherwise?

An good argument for what? im not tagging my bitcoin wallet addresses with my physical address, wtf
Aneelal
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December 06, 2017, 03:38:09 PM
 #9

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"

Well, it defeats the purpose, I wouldn't do it, we already live in a surveillance state, a worldwide one.

but wouldn't the fact that you could use bitcoin or whatever at your local stores and shops just like regular currency be a pretty good argument otherwise?

An good argument for what? im not tagging my bitcoin wallet addresses with my physical address, wtf

i would. maybe i'm just looking at this whole situation differently.
Giric
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December 06, 2017, 03:39:25 PM
 #10

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.

Are you stupid?
Stianyd
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December 06, 2017, 03:40:01 PM
 #11

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.

Are you stupid?

no. if you want some form of legal adoption, you would need to make sure that majority usage is legal. right.
Renr
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December 06, 2017, 03:40:22 PM
 #12

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.

Are you stupid?

no. if you want some form of legal adoption, you would need to make sure that majority usage is legal. right.

Why would BTC usage be illegal without your street address/other personal info being tacked on?
Usine
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December 06, 2017, 03:41:23 PM
 #13

I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.

Are you stupid?

no. if you want some form of legal adoption, you would need to make sure that majority usage is legal. right.

Why would BTC usage be illegal without your street address/other personal info being tacked on?

as of now it's sort of in a grey zone the world over. neither legal, nor having been declared explicitly illegal / banned. At your own Risk kinda thing.
I mean, if you went to the cops and told them someone robbed you of your BTC, they would just look you up and down.
Opquar
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December 06, 2017, 03:43:02 PM
 #14

No freaking way. Doing this would be putting a giant target on your back. You received 5 bitcoins? Let me check your physical address real quick so I could mug you. Yeah, no. Never going to happen.
roadmarket
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December 06, 2017, 03:44:01 PM
 #15

yea. but the fact that you can have multiple addresses. so you would use one just for your day to day sales and purchases.

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

Sukhbir Benipal
https://benipal.com/Benipal.html
pedrog
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December 06, 2017, 03:47:01 PM
 #16

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

There may be a use case for what you're talking about, but I don't see it useful to be added to the protocol, maybe in a third party service, like Coinbase.

roadmarket
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December 06, 2017, 03:50:46 PM
 #17

the reason i am starting this thread is because i believe in this. truly.i am putting my full and complete information out there in order that others may see my point of view.
My android app is live on Google Play Store at https://play.google.com/store/apps/details?id=com.benipal.road

I wrote a vision statement on the play store description that talks more about how i view this. My only issue is that moving forward bitcoin might not be the currency i end up using, because of the low transaction volume allowed by design. Perhaps something tracking the main index.


Sukhbir Benipal
https://benipal.com/Benipal.html
BingoDog
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December 06, 2017, 03:56:42 PM
 #18

In this situation when bitcoin is not regulated and in some countries is more illegal than legal but general in some grey zone I don't think how clever this could be. I don't think that information like this could lead to biger adoption. Location itself without other data doesn't mean anything.
But I disagree that bitcoin is not traceable. Bitcoin has lost quite a part of anonimity and today there are some techniques and methods to identify the user.

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roadmarket
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December 06, 2017, 03:58:44 PM
 #19

traceable, yes. but takes substantial effort.

my thought is that by making everyday sales and transactions public, say for example, buying coffee or a sandwich, merchants and stores feel more comfortable in accepting it. and that leads to lower volatility.

Sukhbir Benipal
https://benipal.com/Benipal.html
drunkcoin
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December 06, 2017, 04:02:58 PM
 #20

No way. What's the point? Crypto is popular also due to its anonymity.
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