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Author Topic: Bitcoin being anonymous is a bad thing.  (Read 757 times)
joepie91
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August 04, 2011, 06:42:55 AM
 #1

No, it's not.

Bitcoin being anonymous (no, not untraceable, I stick to the same definitions I have always sticked to) is actually just a property of it.

It appears there are more and more people that say "it's a shame that Bitcoin is X and Y". These people do not appear to realize that strength is in variety. That Bitcoin is not like other currencies (in that it, for example, has methods to track back fraud), does that mean it's bad? No. It means it's different. It's up to you whether you want to use Bitcoin or not. It has its own properties, its own pros and cons. It means you have a choice.

It is completely pointless to aim at everything being the same, and Bitcoin being anonymous is not a 'fault' that has to be solved - it's a main property of the concept. Stop trying to say "Bitcoin is bad because it doesn't provide any anti-fraud measures". It's not. It's different.

It's a bit hard to put my idea into words, but I hope you get what I mean. Bitcoin is what it is. There is no need for it to have the exact same pros as everything else, if it offers different pros that other currencies or methods do not offer. It's freedom. It's a choice. Stop complaining about it.

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I just can't wait for fall/winter. My furnace never generated money for me before. I'll keep mining until my furnace is more profitable.
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wumpus
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August 04, 2011, 07:15:29 AM
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Yeah it's funny. A lot of people complaining either that bitcoin is too anonymous or not anonymous enough...

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
ctoon6
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August 04, 2011, 07:20:26 AM
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the problem is people giving their money to some random person they do not know.*cough* mybitcoin *cough*

joepie91
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August 04, 2011, 07:22:10 AM
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To possibly clarify what I mean:

Why would being anonymous be a bad thing for a currency that is supposed to be anonymous? I'd say it meets the specification.

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Quote from: hawks5999
I just can't wait for fall/winter. My furnace never generated money for me before. I'll keep mining until my furnace is more profitable.
Fizzgig
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August 04, 2011, 07:23:32 AM
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Then why does your topic say that bitcoins being anonymous is a bad thing?

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joepie91
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August 04, 2011, 07:49:21 AM
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Then why does your topic say that bitcoins being anonymous is a bad thing?
Because otherwise probably only those who already agreed with my viewpoint would read it, which is not my intended target group.

That's why the first line in the post is there in bold Smiley

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Quote from: hawks5999
I just can't wait for fall/winter. My furnace never generated money for me before. I'll keep mining until my furnace is more profitable.
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August 04, 2011, 07:57:22 AM
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Then why does your topic say that bitcoins being anonymous is a bad thing?

Clever marketing..to get your thread noticed in this busy forum you have to resort to bait and switch tactics Wink


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