Why do we need anonymity?

[MiguelCryptoss]

Much more in reality we need anonymity and stay anonymous because of some certain things that happen around us or.even in our neighborhood. Imagine you be known as a Bitcoin holder and the price hit $30k tomorrow, what do you think will happen to you as the holder who has no anonymity or.stay anonymous? We need to be frank with each one of us and say the truth, we need anonymity along transparency.

[1715085082]

1715085082

[jhongzjhong]

Explained well OP, still fresh in my mind and it depends what you mean by anonymity. If you mean simple atomicity while still being able to do stuff, then yes you can do it hiding behind and not being transparent. Anonymity also is protecting us from possible hacking once they know that we have our own personal money and deposit in the bank instead.

[qwertyup23]

Anonymity is not a solution for sure, rather we need transparency!! A see a lot of bitcoin maximalists people raising their voice for anonymity to sideline the banking and governance route! But that very idea will land bitcoin in big trouble. A majority of the nations are already skeptical about cryptocurrencies in general only because of its anonymous nature! More push for anonymity will harm cryptos beyond measures!

Rather, it's always better to held our heads high with pride to show we have nothing illegal. That change in outlook is needed for us to survive and thrive amidst all surveillance and regulatory concerns.

Respect and acceptance is what we need because these can gradually make the situation better for us. Revolution can stay in our hearts.

Fully agree on the statement that everything is about transparency. What the blockchain advocates is the transparency of transactions being in public to all people. No person can EVER omit, change, or add to the transactions to manipulate the people.

I listened to a discussion on TEDtalk about the basics of the blockchain and it discussed about its application on a practical perspective on products. Not only it applied a practical aspect but it also talked about the future application in processes in a business!

[drumamat]

The more we people become transparent the less chance for the governemtn to controll us- transparency will end governements, olicitcs and religion

I can’t understand. It’s about those who mock dogs or dishonest government?I fully agree with The first option.Anonymity is needed ,to put it mildly, not quite honest people.But the second option drove me into a stupor.What kind of transparency do You talk about when you mean the government (no matter whose country)? No state in the world will conduct a fully transparent policy.It's a priori impossible.And what does the expression ,,put an end to public policy,? If this is the case, then who will govern the countries? The crypto community? Aliens?Maybe I deviated from the topic, but the basic meaning of your desire is clear to me and, in principle, I agree with him. If everything is absolutely transparent, then life will really become happy for everyone. But I can’t even imagine what needs to be done to implement this plan.

[Oilacris]

Anonymity obviously has good and bad things behind it

Its like a double edge sword where it do give out protection and also does give out the risk on involving yourself into online fraud or your personal info is being sold out.

This is why crypto market becomes too popular because of anonymity features.People do really love to be on private but due to government regulations we do always being tied up with verification requirements.

[pixie85]

I think the solution to a better world is if everything(yes everything, every fart) is on the blocckchain.
Currently, most peoples that live in big cities dont even know their neighbor so you dont even know who is living next to you.

OP wants to know neighbours and be aware of every fart I imagine his neighbors don't share his passion.

Do you want everyone to know everything about you? Doesn't this give a lot of rope to hang others on? You know that your neighbour is buying gold so he must be rich and maybe has some gold at home. Now not only you know that but also half of the city.

[adzino]

Let me tell you a story about our neighbor, she was working on a beauty salon with a salary enough to feed her family. She had another source of income, selling viands to her customers (home made). She go to the wet market every 3 am to collect the ingredients and one morning there were two guys who robbed her, she was nearly killed but it was a miracle for her to be alive. The robbers stabbed her and stoned her enough for her one eye to gouge. She was dragged to the seashore, but the culprits did not knew that she as still alive at that time, Did you know what was the amount of money that was robbed that nearly cost her life? 30 dollars and an old phone that she was using. Imagine if someone knew you had some kind of money that robbers may take interest on them, what would they do to leave no evidence? Kill you of course, and that is the reality. So in some ways we need anonymity, and at some point we need it in a good way.

Things like this happen. No matter how much anonymous you are, if you are unlucky to fall in their hands, there is nothing you can do to avoid that situation. You see, those robbers found only 30 bucks on her and beat the hell out of her. The same thing would have happened to a person carrying 1000 bucks. Instead of hiding, isn't it better to take proper steps (by the people/government) to eliminate those crimes/robbers?

[Oceat]

I doubt bitcoin will ever get anonymity features, it takes too much agreement for it to happen and exchanges would probably be forced to take it off due to the government.

Talking anonymity and transparency seems to have their pros and cons and i agree that anonymity might get the crypto market to be in big trouble in the long run. Certain transparency for someone's belonging is enough to judge that they don't have any illegal activity behind on their properties.

[Periodik]

You are making things too complicated and suffer a headache out of it. You are creating a big problem out of nothing and then worry about it too much.

What has Bitcoin anonymity got to do with torturing dogs and kids? My god! Are you one of the victims? For your information, the anonymity that Bitcoin has as a feature refers to transactions. Transactions on the Bitcoin blockchain do not bear any personal information of the parties involved.

And talking of transparency, it is also what the blockchain is very proud of. Everything could be verified by anyone. It is open to all, each and every single transaction is public.

[Janation]

Of course, anonymity has many negative sides, but we can not say that it is bad. Just many do not want someone to know about their income and expenses and they want to dispose of their funds on their own, without control from the outside.

We just want freedom, that is just it.

I've been using fiat for a long time and there are a lot of protocols to be followed, a lot of rules we should know and follow and that sometimes block us to what we should do. The payments that should be easy and quick became long and so annoying that is why cryptocurrencies are the best with its decentralization and anonymity to back that up.

[fiulpro]

We need it for the countries where the bitcoins is banned , where people are not allowed to hold their digital assets and it is often , this is something that makes you sell your bitcoins right before the new law is supposed to be passed , what I think is in those countries this matters , because there is no clear evidence that who this person is .. who is using bitcoins .
Those ridiculous laws makes it completely unreasonable for the people to actually do something.
I think this helps to ...spread bitcoins even when there is no hope.

[Janation]

it is true that what is sought is freedom in cryptocurrency. but the obstacle that must be overcome is the government. many governments still consider it, for various reasons, including money laundering, corruption, illegal trade, etc. hopefully there is a solution soon

Even without cryptocurrency, they can still do this.

A lot of cases of money being laundered and they are not using cryptocurrencies. Corruption is so popular to every country, still without the use and being legal of cryptocurrencies. Illegal trade and any other illegal acts can still be done without cryptos so I don't think we should have a problem with that. The only problem the government faces is how will they be able to put a tax on these cryptos.

[Argoo]

Anonymity in cryptocurrency is financial freedom of choice. Many are tired of the almost complete control of us by governments, which became possible due to the high level of technological progress. The Internet, mobile phones, computers, video cameras at every step, create the ability to practically control every step we take. If we still do a KYC check on almost every transaction, there is practically nothing personal left in us and many disagree with this. People should still have the right to choose. You can not suspect all people of criminal acts and monitor everyone. This humiliates us. Therefore, certain anonymity should be, including in the financial sector.

[BlackFor3st]

Anonymity is a double edge sword, most of us who really loves bitcoin or crypto currencies really likes anonymity as we can do almost all the things that we like without being monitored by someone or by the government.

In this case, we can enjoy the use of crypto currencies to it's fullest without worrying. But in the other hand, anonymity is also an advantage to all shady transactions especially those illegal doings which is not good also.

[MonsterV]

~snipp

On the other hand if these guys were known or exposed they won't be doing such stuff.  Being anonymous makes this guys do what they wanted.  Since, if they commited a crime and no one knows the identity of the perpetrators then they will just do it again and again just like what the government official do.  Due to the non-transparent transactions, they can steal how much they wanted to take.  If it is transparent then this corrupt official won't even dare to steal a single cents from the government funds that suppose to go to the development of the country.

Well I know that anonymity is very important to us, but we also need to know that high anonymity is also not good. And it is true that high anonymity makes way for a criminal to continue to commit their crime. But on the other hand there is also truth in what the OP is saying, when anonymity gets higher then there is no more opportunity for the government to regulate us and regulations could be useless.

I think anonymity is OK, as long as we know what we have to anonymize. Actually not everything we have must be anonymous, for me, I will transparency what is not my privacy. Likewise the government does not need to do full transparency, but only what is needed.

[bitbunnny]

Many people don't want anyone to know how or way they do their business with cryptocurrencies. That is why they need anonimity. And I agree that is good to have possibility not to reveal identity unles you want to.
Still anonimity could be misused and some people hide their bad intentions and illegal activities and that is the reason why anonimity should be kept under certain control.

[Spaffin]

Recently, you need to maintain anonymity to everyone who works not only in the crypto-currency market, but also earns good money with the help of another business. Time is now wrong, especially in the countries of Central and Eastern Europe. I'm not talking about Asia, because there is a cost more difficult. Anonymity for the cryptoval training users is primarily their security.

[builonguyen688]

how can you help someone if you ask him how are you and he tells you good while in reality he feels like shit

[FanEagle]

I think this message goes more to the authority because they are the ones that are being too secretive about everything that they do and we really need transparency in our country, it is this anonymity that has made lots of countries producing corrupt leaders that are just making money out of their citizens by stealing from them through the anonymous system they all claim they operate on in the power house.

It is Time to really embrace and push for decentralization, even the government must make sure that all their system are fully decentralized from even the voting system so that everything can be transparent, but the issue is who would push for this decentralized system? Expect we keep pushing it in the little way it has been which take lot of years before it will can creep into government system.

[Gi01]

About 80% of people in the crypto ecosystem believe that anonymity is the best option for financial transactions on a decentralized system due to the fact that anyone can easily monitor and track every transactions made on the network. But me personally, I don't see anything useful with anonymity.  I don't really think the crypto space needs it.