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Author Topic: Would you add your physical location to your payment address?  (Read 818 times)
Tonestra
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January 04, 2018, 02:23:02 PM
 #41

Not at all. This is the beauty of Bitcoin. Total anonymity. I hope it remains so for some time to come. we should all be grateful that the bitcoin protocol provides us with the privacy we require in our financial operations.
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January 04, 2018, 02:36:24 PM
 #42

wouldn't do it, because what i like from bitcoin is it's anonymity, and it is benefit of bitcoin than other digital currencies. even some country make it legal, they wouldn't ask to people's location

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January 04, 2018, 03:39:34 PM
 #43

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

Well that defeats the part where btc transactions are supposed to be amonymous right? And wouldn't that also compromise the security of your transactions as well? I think its better left as it is for now.

 
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January 06, 2018, 04:45:25 AM
 #44

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

Well that defeats the part where btc transactions are supposed to be amonymous right? And wouldn't that also compromise the security of your transactions as well? I think its better left as it is for now.

anonymity is one thing. but greater public acceptance is another. have to trade off.
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January 06, 2018, 04:56:09 AM
 #45

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.
Why do people need to see you bought a sandswich from store? Does it benifit people to see someones personal info? May be, but everything is different here and bitcoin was specifically made to be utilized without restrictions. I would never prefer to be controlled and watched by legal parties like we are watched by governments when we transfer a huge amount of funds.
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January 06, 2018, 05:09:13 AM
 #46

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
That could be a dangerous thing, and you might expose your position, and if you have a lot of bitcoins, your personal security may be under threat.

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January 06, 2018, 05:13:18 AM
 #47

If you add your physical location to your payment address then what's point in Bitcoin being anonymous and stuff. How is it gonna be anonymous when all the people know whom they are having a transaction with. You might as well use your cash to buy coffee and sandwich and who's gonna pay the transaction fees?

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January 11, 2018, 09:53:12 AM
 #48

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.
Why do people need to see you bought a sandswich from store? Does it benifit people to see someones personal info? May be, but everything is different here and bitcoin was specifically made to be utilized without restrictions. I would never prefer to be controlled and watched by legal parties like we are watched by governments when we transfer a huge amount of funds.

Nobody will know that you bought a sandwich.
They will just know that you have bought something from company x.
Even if you use a credit card do you think that you have all your purchases recorded in the transactions?
Do you know how visa servers would look on Christmas and Black Friday ?

But even with this, still a pretty stupid idea.

If you add your physical location to your payment address then what's point in Bitcoin being anonymous and stuff. How is it gonna be anonymous when all the people know whom they are having a transaction with. You might as well use your cash to buy coffee and sandwich and who's gonna pay the transaction fees?

As stated many times before.
Bitcoin is not fully anonymous!!!!!!

anonymity is one thing. but greater public acceptance is another. have to trade off.

Weird. Credit cards and debit cads payment have reached almost 60% here in my country and nobody is able to see my purchases.
How did it work for them?

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January 11, 2018, 10:02:59 AM
 #49

nope, I dont want to add it. Imagine spending big amount of money then someone can see it, even those bad guys. they can have the information on where you are located then they might to to your location and do something bad to you. This is a matter of security so I won't do it
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January 11, 2018, 10:12:22 AM
 #50

Nope. Why should I ? It is supposed to be anonymous.

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January 11, 2018, 10:37:29 AM
 #51

In our country Bitcoin is not legal nor considered illegal, the government is not oppose on it but the bank is. So, my opinion it is not wise to tag your physical location, for which if someone wants to rob those who have bigger holdings of bitcoin then you are broadcasting that you should be a target. There are many means of robbing your holdings, even if you put it in an encrypted folder there is always a way to decrypt it by others. They can also resort to taking your laptop and phones if they can't hack your account. Also, in our country, the bank would then know who will they try to convince not to use bitcoin.

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January 11, 2018, 12:49:22 PM
 #52

I don't understand...

Why would you share your location? What is the point?

Bitcoin (and other crypto) allows you to be anonymous and still have guaranteed, verified transactions. Why would you bother giving a piece of information like this? If someone ask you this, you should not give him your address. there are many other ways of securing transactons that does not recquire personnal information.

Keep in mind that bitcoin is a wonderful tool... but that it can also be used for scams.  Shocked

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January 12, 2018, 04:37:32 AM
 #53

If the address is needed then I would not mind adding it to my payment address. However btc is known to be untraceable so that isn’t needed.
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December 09, 2018, 06:58:02 AM
 #54

bump
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December 09, 2018, 07:23:27 AM
 #55

I think location as in Country is still fine. You can have specific wallets that you're fine with revealing that info?
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December 09, 2018, 08:10:32 AM
 #56

Of course yes why would you not add your personal location to your payment address? There's nothing to hide about it as long as it's legal.
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December 09, 2018, 11:36:14 AM
 #57

I will gladly add my location address to my Payment wallet address.
This comes as the best way to help the world fight off criminal activities such as scammers and then money laundering, terror sponsoring and drug trafficking.

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December 09, 2018, 07:52:32 PM
 #58

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

I wouldn't include my location as it is against the purpose and mission of the Blockchain Technology. Anonymousity of users and location is key thus I wouldn't dare input my location.

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December 09, 2018, 08:32:53 PM
 #59

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.

That's true, but then again, that would somewhat defeat the purpose of cryptocurrency transactions which is supposed to be in anonymity and with privacy. Maybe if you are a business or enterprise that engages in the sale or offering of goods and services and accepts cryptocurrencies as payment, then it is no question that you have to add your physical address, but if you are the buyer or the customer who transacts with cryptocurrencies, I think there is no need to do that since you can still do your transactions perfectly without disclosing such information.
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December 09, 2018, 08:46:26 PM
 #60

No, I would not. The reason I'm using cryptocurrencies is I like my anonymity. I don't share my location, my name, and any other personal details in the Internet. You won't find my picture anywhere in the web, I don't have a facebook account or any other social media stuff. I also don't give away my telephone number. I'm sure there's more people like me and I hope that there will be even more as people are waking up and starting to protect their privacy.

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