coinnumber
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December 11, 2018, 07:32:22 PM |
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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[/quote I think its will not be ideal for potential investors to add location to their wallet address for security and privacy beside this is a decentralized system and I have not see any were its been request to add location to wallet address. Is better not to give such information if someone request for it.
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Wingo
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December 11, 2018, 09:48:32 PM |
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Do you know why bitcoin was made? It is meant to offer decentralization and complete anonymity. Putting your location on the payment address destroys the purpose of anonymity that Bitcoin is offering to its users. Yes it may be a way to legalize Bitcoin but it just kills the concept of decentralization. It does not make sense. There are other currencies aside from Bitcoin that can be used for this type of transaction.
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Peashooter
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December 12, 2018, 04:34:02 PM |
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I think adding your physical location might be a good idea but somehow it is also not a good idea especially if you huge amount of holdings or cryptocurrency. Aside adding your physical location we can still make good idea which help to promote bitcoin and then might have massive adoption.
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UmerIdrees
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December 12, 2018, 05:31:24 PM |
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Bitcoin is decentralize and i do not want to reveal my location so i will not be interested to reveal my location. I think this is nothing to to with mass adaption of bitcoins as it is not a requirement and no one is forcing you to give your address when all the payment is online through bitcoins.
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Peacemaker1994
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December 12, 2018, 05:37:01 PM |
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Well this might be a helpful security measure but it can be false any one can put any fake location so it quite unimportant you can still make safe payment without adding your location
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Tnt1971
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December 12, 2018, 05:51:12 PM |
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No I don't add my physical location to my payments address. I will add my physical location to my payments address later . Thanks to remember me .
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jointherevolution
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December 12, 2018, 06:13:03 PM |
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No. I would not want for this to happen and I don't think it legitimizes Bitcoin. What does it matter and how it convinces people that Bitcoin is legit? My physical location validates nothing.
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aoluain
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December 12, 2018, 07:36:51 PM |
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No.
We dont need bitcoin to be legal and we want to remain anonymous! As a payment system bitcoin works just fine without identities.
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GunsLair
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December 12, 2018, 07:47:09 PM |
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No, I wouldn't want to. Firstly, it is very unsafe. You become an excellent target for robbers. This is the same as writing your address to Facebook or Instagram, and then indicate the location that you are now on the beach in a hot country. "Guests" will not be long in coming.
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Harkorede
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December 12, 2018, 07:47:33 PM |
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Of course I would not mind adding a location to a bitcoin address if it is a business bitcoin address then adding a location isn't such a bad idea and could prove that your business is genuine. However, it will not be advisable if it is a personal address for safety and security reasons.
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bitbunnny
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December 12, 2018, 07:59:23 PM |
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I don't think so. I come from Europe and in Europe we care about privacy very much and personaly I don't like to disclose my personal data when that isn't necessary or important condition for some services. Adding your location could be misused and could have some implications like becoming a target for different illegal activities. I realy don't think this is necessary and I also think that on that way I could lose more than I could get, so no, I wouldn't do that.
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arnelandvik
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December 12, 2018, 08:25:00 PM |
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It seems to me that with the introduction of this feature, privacy takes a back seat. I mean there is no sense in allowing to determine your location when the anonymity is one of the main advantages of crypto trading. The authorities keep on pushing the crypto world to that, introducing these waves of sanctions and all stuff like that to pull the plug and take cryptos under control
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acholagi
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December 12, 2018, 09:23:52 PM |
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without showing physical location, the government already knows that we have or use bitcoin, it is strongly proven that they have data about bitcoin users in the world this can be used as a benchmark for the government in following up on matters relating to bitcoin in the community in general
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olubams
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December 12, 2018, 09:52:15 PM |
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Of course a lot of people would argue that simply doing that would mean letting go of the anonymity that is attached to bitcoin or crypto currency use but lite did they know that every transaction that goes through most exchange sites is location attached whether specifically stated or not. The reason is because the KYC rules which majority if exchange sites who didn't think about it one year ago have now made it a compulsory endeavor.
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TopT3ns
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December 12, 2018, 09:55:44 PM |
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I never do anything bad, and in my country there is no problem to hold bitcoin so i will say yes for it. If that can help bitcoin to mass adopted, i think people will gladly to do it too because it can give benefit for them.
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Bountyhonter
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December 12, 2018, 10:53:38 PM |
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Many people loves cryptocurrency because of it's anonymity and wouldn't agree to the idea of adding physical address to their Bitcoin address but if you're a business owner then adding your business address is a good move for you
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HidenJonathan
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December 13, 2018, 03:54:53 AM |
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i think the bad time of market right now. so i don't do anything with this
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