New US presidents are privacy-friendly?

[AicecreaME]

President Joe Biden has frozen all federal regulatory proposals, including former Treasury Secretary Steve Mnuchin's proposed rules on self-hosted crypto wallets, until his new administration can review them.

Just based on the above quote, it looks like Biden is just taking a wait-and-see approach to things he probably doesn't know much about--and remember, he has to unfuck a lot of what Trump fucked up in the country and that's going to take some time.

But privacy?  Sad to say, but it's dying.  Not just in the US but all over the world--look at how many CCTV cameras England has, and how much power the governments of N. Korea and China have over their citizens' data.  Unless people revolt, that trend isn't going to reverse itself, and in order for people to revolt, they actually have to care.  Seems to me like most people don't give two craps about their privacy.  Look at all the stuff people post on FB and other social media sites.  You think the government/law enforcement isn't watching all of that?

I couldn't agree more.

The word "privacy" seems so unrealistic these days unless you're not interested in the technology we have and just living a very simple life and do your things in your own way to stay off the radar. Not only in Facebook where our privacy is at risk, but to other apps as well that ask to grand access to your medias, contacts, etc. that's why as much as possible, I only install apps that I trusted, but I guess you can't trust anyone in this world except yourself.

Hence, since we don't have any choice, we are still risking our privacy, no matter how cautious we are, there are times that our privacy is still at risk and we don't even know.

[Sithara007]

Privacy? Do you even have facebook? Then I guess there’s no such privacy anymore because of so many incidents before and even if Biden wants things to be more private, government will still find its way and of course banks will not let you to become more private. Our only of hope is the cryptomarket which I think can’t be regulated by any government, this is the future.

Cryptocurrency can't be regulated or banned by the government. But at the same time, they are trying really hard to regulate and control related entities such as exchanges and P2P platforms. One alarming development that I have noticed recently is the tagging of personal wallets by some of the exchanges. This was something like the last frontier. At least I was not expecting the personal wallets to be affected by the KYC craze.

[MCobian]

Hopefully, President Joe Biden's policies will be different regarding cryptocurrency, even though it's only now being reviewed, but there is hope
for the crypto community in America. But with regard to privacy friendly, I am sure that not a single country provides this to its citizens. So don't
get your hopes up that president Joe Biden will give privacy to his citizens. Everything now requires documents and CCTV is everywhere, even
some intelligence has tapped the cellphones of their citizens. So forget about privacy friendly, the most important thing is to hope that President
Biden's policies are better than Trump's.

[bits4books]

It sounds like "fish for being caught" do you understand that? Biden and his team are people who approved and almost supported Trump's ban on the Internet, and guys like Google and Amazon are only too happy to please the hand that feeds them.
You will see that you are wrong - Biden will submit changes to the address of cryptocurrencies and other non-classical assets, while at the same time taxing all income from them with huge taxes. If that's what you call privacy protection, then you've already fallen into that trap.

[_Miracle]

the US is very unfriendly to privacy
https://twitter.com/jchervinsky/status/1352048684725317632?s=20
https://markets.businessinsider.com/currencies/news/biden-freezes-new-regulatory-proposals-including-proposed-crypto-rule-2021-1-1029989717

:-) we just all need to email the 4th amendment to each other so our government can finally read it (-:

[SquallLeonhart]

Hopefully, President Joe Biden's policies will be different regarding cryptocurrency, even though it's only now being reviewed, but there is hope for the crypto community in America. But with regard to privacy friendly, I am sure that not a single country provides this to its citizens. So don't get your hopes up that president Joe Biden will give privacy to his citizens. Everything now requires documents and CCTV is everywhere, even some intelligence has tapped the cellphones of their citizens. So forget about privacy friendly, the most important thing is to hope that President
Biden's policies are better than Trump's.

I agree, these nations and governments do not give citizens the privacy rights, not in USA, not in UK, not anywhere in the entire world. If you give citizens privacy and let them do whatever they want, there would be freedom and that freedom would allow more people to rise to power and if more people rise to power that means it would be impossible for governments and politicians to keep their power and they can't handle that knowledge.

They will do whatever they can to monitor every citizen as good as they can, using all kinds of technology they can, just so they can keep a finger on whats going on with the world, if they can do that it would mean that people would be allowed to actually care what governments have to say because they are tied to governments due to not being truly free. Politicians all around the world wants this and they will not give you privacy.

[Yatsan]

Let us all just wait and see if the present President would love it to become privacy friendly since it seems that he is still studying the proposal if will serve long term advantage or not. When it comes to the privacy, it seems very real hard to be attained anymore since governments are most likely want to puppet their people getting to know all about their information neglecting personal space and privacy that must be a right of an individual to possess. May the present president do consider maintaining self privacy although hard to be attained but once being proposed and be served will still give even a little hope for people that privacy is still right up there existing on mankind.

[santiPOGI]

The US is one of the countries with the largest crypto market in the world.  we all know that since the previous president's leadership, the US is very unfriendly to privacy, with the freezing of rules from the previous rule makers as if it is giving fresh breath to businessman and crypto traders. 

President Joe Biden has frozen all federal regulatory proposals, including former Treasury Secretary Steve Mnuchin's proposed rules on self-hosted crypto wallets, until his new administration can review them.

it was written that the new presidential administration will conduct a "review" of the previous policy proposal.  Do you think the new US government has a chance not to implement that rules?

https://twitter.com/jchervinsky/status/1352048684725317632?s=20
https://markets.businessinsider.com/currencies/news/biden-freezes-new-regulatory-proposals-including-proposed-crypto-rule-2021-1-1029989717

If they are in the midst of REVIEW meaning there is no final decision, why not wait for the moment. Because even everyone here will give of their statement, still in the end they will remain speculations due to the decision final will still goes in the hands of the top Superior. So, for now let us not push thing in a hurry.

[AndySt]

Let us all just wait and see if the present President would love it to become privacy friendly since it seems that he is still studying the proposal if will serve long term advantage or not. When it comes to the privacy, it seems very real hard to be attained anymore since governments are most likely want to puppet their people getting to know all about their information neglecting personal space and privacy that must be a right of an individual to possess. May the present president do consider maintaining self privacy although hard to be attained but once being proposed and be served will still give even a little hope for people that privacy is still right up there existing on mankind.

It should be clear to any person that any state always wants to simplify the work of its law enforcement agencies, at times treating privacy only as an annoying hindrance to its activities. Therefore, we need a balance between the interests of the state and the interests of citizens in matters of privacy, another issue is that every politician and every person has their own idea of the necessary balance. Indeed, it is too early to judge what the president-elect will do in this area, but I think that there will be no tectonic shifts in this area, both in terms of tightening and easing. Also, let's not forget that much in this area is classified information and many actions are not advertised to the general public.

[Princejebs]

Hopefully, President Joe Biden's policies will be different regarding cryptocurrency, even though it's only now being reviewed, but there is hope
for the crypto community in America. But with regard to privacy friendly, I am sure that not a single country provides this to its citizens. So don't
get your hopes up that president Joe Biden will give privacy to his citizens. Everything now requires documents and CCTV is everywhere, even
some intelligence has tapped the cellphones of their citizens. So forget about privacy friendly, the most important thing is to hope that President
Biden's policies are better than Trump's.

If you are clean, why do you need privacy. I mean full privacy.
Ideally, we need privacy but do you really think we can full privacy on planet earth? I don't think though we may have some limitations.
Because Joe is love by black and white with the first female vice president doesn't really mean he may want bitcoin, even if he, others may not.
Americans want their fundamental human right observe but I don't think all of them feel the same for Bitcoin and its volatility.

[barbara44]

Eeehm I don’t think that makes them any more friendly to privacy, because what they did is just a normal thing that they are supposed to do, you don’t just go ahead and approve and instate rules that were created by another government when you haven’t reviewed it all to know what it’s really all about.

Don’t forget that the proposed rules by the former Treasury Secretary is not the only rules, there are many of them and when they go through the whole thing they will then decide the ones that they would approve and the ones that they are not. So, it’s best to just chill and wait for when they have approved it, then we will know the direction they are really heading to.

[Sithara007]

I feel like Joe Biden might be more neutral with cryptocurrencies. His economy policy will be against crooked, corporate rich. (Consider his potential of imposing wealth tax) Pretty sure his financial advisors know cryptocurrencies are "for" poors.
But privacy as topic is bit complicated, some people tend to believe privacy coins are used by illegals. I hope Biden's advisors will not plant bad ideas to his mind.

Wealth tax is going to be disastrous for the American economy. Many of the countries which had imposed wealth tax previously had to remove it, because of the damage it did to the economy. The rich are already paying a disproportionate rate of taxation. If double taxation is imposed in the form of wealth tax, then they will just move most of their assets to some other country where the tax laws are more logical. In the end, the overall tax collection will go down. This has occurred in almost all the countries where wealth tax was imposed earlier.