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Author Topic: Would you add your physical location to your payment address?  (Read 385 times)
roadmarket
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December 06, 2017, 04:06:02 PM
 #21

yea, but that's also one of the many reasons why it is not legal. popularity as of now is not that huuuuuge. great, but not mass.

things need to change.

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 06, 2017, 05:09:46 PM
 #22

check out my vision statement in detail at https://play.google.com/store/apps/details?id=com.benipal.road

i am making my info fully public because i believe in what i am doing. i definitely want to change how general public looks at bitcoin.

Sukhbir Benipal
Benipal Technologies
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+1 (212) 579-8500

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 06, 2017, 11:19:14 PM
 #23

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

* edited the spam link.

What did you even mean by physical location?
The location where you made your transaction or going nuts all the way and publishing your home address.
Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

How would that make bitcoin more legal?
Who is going to enforce and check those , the government?

Besides the morons in NK (who might enjoy it) I don't see any government being that stupid to propose such thing.

Edit:
Checked you other link.
You're idea is nothing more than the labeling address blockchain.info was doing.


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December 06, 2017, 11:27:20 PM
 #24

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

* edited the spam link.

What did you even mean by physical location?
The location where you made your transaction or going nuts all the way and publishing your home address.
Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

How would that make bitcoin more legal?
Who is going to enforce and check those , the government?

Besides the morons in NK (who might enjoy it) I don't see any government being that stupid to propose such thing.

Edit:
Checked you other link.
You're idea is nothing more than the labeling address blockchain.info was doing.



Thank you. You think my profile is spam and my vision is not much.

I appreciate your point of view. However, you have to think first why bitcoin has the reputation it does so far. And that is because of darknet marketplaces and .onion

The only way to cause serious change, And by serious, i mean mass acceptance, not bitcoin "enthusiasts", is to bring the transaction ecosystem of bitcoin more into the open, more public, not by making it more private.

You have obviously missed the point of me making my entire information public.

Edit: Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

I believe except your SSN, you are already willingly giving that information to FB without asking who is checking it.

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 06, 2017, 11:37:40 PM
 #25

We have bank accounts where they have all our information right?
Why would I want to use crypto if we'd have to go through ridiculous measures like revealing your location.

I might as well use my cc + paypal in that case...

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roadmarket
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December 06, 2017, 11:39:56 PM
 #26

We have bank accounts where they have all our information right?
Why would I want to use crypto if we'd have to go through ridiculous measures like revealing your location.

I might as well use my cc + paypal in that case...

i believe the original idea behind bitcoin was not to hide from the government. but rather to create an alternate reserve currency as a direct result of the financial crisis in 2008, which was caused by a variety of issues, but mostly cheap money.

if you look at the bitcoin architecture from a philosophical point of view, it exactly imitates our mining of gold.

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 07, 2017, 03:05:22 AM
 #27

yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"
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December 07, 2017, 03:06:30 AM
 #28

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

While I don't have anything to hide I would prefer to not do that as it pretty much ruins the purpose.
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December 07, 2017, 03:17:29 AM
 #29

For Services like Coins and Coinbase this should be mandatory in order to make the usability/microtransactions more acceptable by the mass.
For the current holders, it's not a current option but after maturity, being anonymous might be an issue to the authority.

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December 07, 2017, 03:30:29 AM
 #30

No, I am not planning or doing something illegal but I don't like my identity and place of living being exposed, that is the reasons why I am using bitcoin, I afraid somebody can misuse the information, as we know we need to be very careful when we revealed something on Internet


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December 07, 2017, 03:31:15 AM
 #31

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

It will affect BTC anonymity that is one of the BTC good feutures. At the same time BTC could be legal with anonimity feuture enabled

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roadmarket
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December 07, 2017, 03:31:58 AM
 #32

No, I am not planning or doing something illegal but I don't like my identity and place of living being exposed, that is the reasons why I am using bitcoin, I afraid somebody can misuse the information, as we know we need to be very careful when we revealed something on Internet

If you use any social network, you are already doing all that

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 07, 2017, 04:07:00 AM
 #33

Bitcoin is made to be untracked but can be seen, why should there be an address? are you kidding? think carefully before asking.

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December 07, 2017, 04:40:29 AM
 #34

No i would not. This is not what crypto is supposed to be about. It's meant to be freedom of currency moving anywhere in the world. I would like to see some exchanges set up in tax havens sometime so that they can legally continue to do there thing without all these bureaucrats interfering and attempting to stop something that they have no control over.

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roadmarket
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December 07, 2017, 05:40:17 AM
 #35

No i would not. This is not what crypto is supposed to be about. It's meant to be freedom of currency moving anywhere in the world. I would like to see some exchanges set up in tax havens sometime so that they can legally continue to do there thing without all these bureaucrats interfering and attempting to stop something that they have no control over.

i don't think any real tax havens exist anymore after FATCA

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 07, 2017, 05:44:40 AM
 #36

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

"mass acceptance" of bitcoin is partly because it is providing a good level of privacy and the design is in a way that you don't give any information more than you need to.
change that and you will eventually end up with something that has nothing interesting over usual payment methods and fiat! then why should we even use it then?

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December 07, 2017, 07:07:50 AM
 #37

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

"mass acceptance" of bitcoin is partly because it is providing a good level of privacy and the design is in a way that you don't give any information more than you need to.
change that and you will eventually end up with something that has nothing interesting over usual payment methods and fiat! then why should we even use it then?

there is no mass acceptance. not even remotely.

Sukhbir Benipal
https://benipal.com/Benipal.html
roadmarket
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December 08, 2017, 07:00:32 AM
 #38

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.

Yea, i don't see it being part of the protocol itself. More on the services that it is used for. That needs to be more public.

Sukhbir Benipal
https://benipal.com/Benipal.html
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December 15, 2017, 04:16:40 AM
 #39

bump

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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December 25, 2017, 01:05:24 PM
 #40

bump

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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