Privacy should be fought for

[yhiaali3]

The problem is not with Bitcoin I think but with third-party services, governments are trying to eliminate privacy by forcing third-party services to demand KYC or even freeze some people’s accounts, here is the basis of the problem, unless the need for third-party services is eliminated We will not obtain the required privacy. We know that Bitcoin started out as a peer-to-peer payment method without the need for third-party services.

[GreatArkansas]

(....)
We know that Bitcoin started out as a peer-to-peer payment method without the need for third-party services.

This is clearly one of many examples of why Bitcoin's essence is starting to get lost because of government is interfering.
What decentralized becomes centralized based on them, that's not how Bitcoin works at the beginning.
Overall, in the future, they will realize that they cannot totally control Bitcoin and they will look for some alternative to lessen some criminals or illegal doings using Bitcoin.

[m_nief]

Except with third party like Bank we need another alternative ways how keep safety and privacy about transaction fund withdrawing from Bitcoin or altcoin, many time withdraw amount above $200,000 in Bitcoin to bank next few days later have investigate from the bank about our money credit. Just one way how keep privacy with Bitcoin if have been legal currency transaction and we don't need third party for withdrawing Bitcoin or Altcoin fund to the bank. Need more than several years later if want to see Bitcoin or cryptocurrency have been legal transaction payment currency.

[yazher]

This is why P2P platforms shall be more entertained as compared to exchangers. This is the only thing that can save bitcoin or other coins from getting disturbed with government banishments.

Unfortunately, Some governments do ask P2P platforms as well to get their users strictest KYC and share the data during taxation.

May be being public ledger we are little on downside of its use case. But preferring P2P platform is closest thing towards winning this platform.

We need to push this idea because the more they update their rules, the more they are being hostile to us. I mean these exchanges are getting more and more strict when it comes to their rules. Not long ago I keep praising our local exchanges for their convenience but in their last updates, comes the unexpected surprise where they finally check every single detail on where your BTC came from and I got banned because of their stupid regulations. If this won't be fixed in the upcoming years, we won't be surprised if they have full control of our money again.

[danherbias07]

How?
You buy Bitcoin, you use your bank account or your favorite exchange. All of them now has KYC glued into them to be able to buy at higher amounts.
You sell, you go the same way.
I think Mixers are the only way to prevent them from easily tracking you.
Having privacy is a joke now. We are dealing with the government that doesn't want you to be invisible so they could easily take from you whenever you are in debt. Bitcoin is not the problem, it's the steps before you purchase and sell.

[BlackHatCoiner]

There's also TradeOgre (no KYC needed) if you wanna exchange XMR for BTC or vice versa.

If you're trading BTC for ALT, you should use a DEX. Bureaucratic-free and private. For XMR <-> BTC there's implemented atomic swap, but I haven't tried it to see how it works.

Not to mention, they're not as easy to use as you think they are. With the introduction of CBDCs, governments will become more invasive than ever.

And that very moment, we will witness the recognition of DEX. Unless of course you're indulged to report the destination of each of your transactions.

[Hamza2424]

My views are very clear about it Web 2.0 was especially designed to spread myth that data is private that not the fact in Web 3.0 things can be different but for now its myth for the all internet users that Privacy is in their hands they wven don't own what they have ( Content ) its always manuplated by the Market Capturers as Google

[ChiBitCTy]

Completely disagree.  Don't get me wrong I am a big privacy advocate. I use signal as often as I can, I'm a big fan of Monero etc.  But if you make bitcoin a truly anonymous coin, it's going to face far harsher scrutiny from governments and a sizable amount of governments will simply ban it for that alone.

Think about it this way, some countries allow for zero freedom of speech, women who cant vote, drive, or show their face in public, etc etc... you think they are going to allow for a monetary system that they absolutely can't track and regulate what so ever? The answer is no.

[uneng]

Total privacy is utopia and in fact, it is being more and more restricted each new day as governments advance their regulations in order to watch closely the finances of all their citizens.

Blockchain is a two edge sword: at same time it gives adopters the opportunity of privacy, it can be also used by governments as a tool to restrict individual freedom even more through their CBDCs.

Also, it is a matter of time until governments stop mixing services which in theory allows the aimed privacy, as it happened to Tornado Cash already.

[livingfree]

The problem is not with Bitcoin I think but with third-party services, governments are trying to eliminate privacy by forcing third-party services to demand KYC or even freeze some people’s accounts, here is the basis of the problem, unless the need for third-party services is eliminated We will not obtain the required privacy.

Yes.

It's on them and that's why KYC is being enforced to these services for them to have a trace whoever is using their service. But even they do that, when the majority in the community starts to act together and just does transactions directly to each other/p2p, they can't stop that madness.

We know that Bitcoin started out as a peer-to-peer payment method without the need for third-party services.

And we will back on that beginning when things becomes worst from these regulators and service providers.

[SirLancelot]

The fact this isn't talked about much even more so after Canada froze bank accounts watching people tx bitcoin and ETH addresses tied to other ETH addresses are being black listed / banned is really bad.. 

BTC will fail or much much much worse become the money of enslavement if privacy is not added.. Unbreakable privacy..

Actually issues like this with the banks are always being talked about here in the forum. We are always being reminded of how important it is to use a crypto more than the banks because they can do restrictions about your money. There are really banks which are allergic to cryptos and I think they will warn that dealing with crypto transactions using your bank is not allowed.

Maybe those banks users still continues. That could be one of the reasons on why they got banned. Btc won't fall for that reason but it will more pump instead because bank users are going to transfer here if that issue arises. Btc's default privacy is already enough but there's still a way to make it more private.

[stomachgrowls]

The fact this isn't talked about much even more so after Canada froze bank accounts watching people tx bitcoin and ETH addresses tied to other ETH addresses are being black listed / banned is really bad.. 

BTC will fail or much much much worse become the money of enslavement if privacy is not added.. Unbreakable privacy..

Actually issues like this with the banks are always being talked about here in the forum. We are always being reminded of how important it is to use a crypto more than the banks because they can do restrictions about your money. There are really banks which are allergic to cryptos and I think they will warn that dealing with crypto transactions using your bank is not allowed.

Maybe those banks users still continues. That could be one of the reasons on why they got banned. Btc won't fall for that reason but it will more pump instead because bank users are going to transfer here if that issue arises. Btc's default privacy is already enough but there's still a way to make it more private.

We should always bare up into our minds that once we do touch up these institutions or something which is regulated or centralized then expect that privacy is never been part of it thats why you should really make yourself aware about these stuffs if you do really give importance about anonymity.
This is why cryptospace did really get soo much interest and support due into this manner.We could really have option whether on making ourselves dealing with centralized services or things
or would opt out on the other side.
We do have our own will and we arent that blind on not to see on whats available and how to dealt up with it.

[BITCOIN4X]

Actually I cannot withdraw fiat to my bank account from trading bitcoin or other altcoins including ETH without a centralized exchange with KYC. Honestly I'm glad my country's government doesn't ban trade, they regulate it and make a rule that we have to pay tax for every trade. Yes it is good for both parties as we can trade it legally although KYC remains the reason why we have no privacy.

Of course privacy is important but nevertheless I don't think it should be hiding anything legal though I don't know how secure my personal data is on that centralized exchange. For years I trusted that centralized exchange with my personal data, so far no problem but there is always a risk of data leakage, for sure.

[BTCat]

Just be carefull where you expose yourself. If you don't really have much to hide then you do not need to worry all that much.

The internet is not the safest place to put personal information on for others to look into.

I bet the new generation has a totally different mindset since they do not know better then that there is internet. They can not
imagine a world without it. But a bit older people have awareness of when the television got introduced and later the birth of the internet.

[Welsh]

The problem is not with Bitcoin I think but with third-party services, governments are trying to eliminate privacy by forcing third-party services to demand KYC or even freeze some people’s accounts, here is the basis of the problem, unless the need for third-party services is eliminated We will not obtain the required privacy. We know that Bitcoin started out as a peer-to-peer payment method without the need for third-party services.

You can still technically use Bitcoin without third party services. The only thing you would be required by law to do was to file taxes. If you're doing that, then there's no reason why you can't just use Bitcoin without any other third party.

You can use peer to peer exchanges. The only limitation would be when it comes to escrowing funds, usually that's required by a lot of users here. There's no easy way around that either. Although, at least with that you, and the other trading partner can decide what escrow among you, and you aren't forced into one. For example, using exchanges is usually limited to your geographical area to some extent.

[ultrloa]

Just be carefull where you expose yourself. If you don't really have much to hide then you do not need to worry all that much.

The internet is not the safest place to put personal information on for others to look into.

I bet the new generation has a totally different mindset since they do not know better then that there is internet. They can not
imagine a world without it. But a bit older people have awareness of when the television got introduced and later the birth of the internet.

Well I guess you don't need to worry much around if you are regular person without doing anything wrong so exposing yourself is kinda fine with that. But if you do something illegal maybe for sure you doubt about providing since you will get caught for doing something that can expose your identity.

Internet is not the safest place so we need to be more careful on platforms we go and to the people we meet online.

[Cookdata]

The fact this isn't talked about much even more so after Canada froze bank accounts watching people tx bitcoin and ETH addresses tied to other ETH addresses are being black listed / banned is really bad.. 

BTC will fail or much much much worse become the money of enslavement if privacy is not added.. Unbreakable privacy..

There may still be some bitcoin wallet addresses that are incorrectly blacklisted from that protocol even though they have never transferred bitcoin to an exchange and their owners are unidentified. They might not have done anything wrong, but the fact that they are unknown indicates that they maintained their privacy to a degree that prevented anyone from tracing them. What exactly am I saying? What are some users trying to accomplish when they transfer mixed bitcoin to centralized exchanges where they are verified and claim to need privacy?
Avoiding centralized exchange is the first step in preserving privacy because that is where government trained security agents first threaten to obtain user information prior before arresting them.

Bitcoin isn't a very secretive private network, but no matter how hard they try, the satoshi path will continue until it is completely unreliant on anyone.

Privacy is a must.

[spazzdla]

No. What we should be fighting against is the blacklisting nonsense. There are ways to protect yourself from trivial de-anonymization, even if the majority doesn't utilize them. The problem doesn't lie on privacy techniques, but on users who are confident with accepting arbitrary rules to pass from entities that don't want their good, and that rely on irrational mechanisms such as blacklisting every coin that comes from a mixer.

And we should fight for privacy protection, of course. The Lightning Network is a significant on-going update for those who value privacy.

We are so few.. code is the ONLY tool of power we have.. the only one.

[spazzdla]

Privacy of some sort on the protocol level will be very difficult and will take a lot of time(assuming it would actually occur someday). Also, I'm pretty sure privacy is frequently being talked about even before this incident you're referring to. Safe to assume that adding privacy(regardless if on other layers or on the main layer) is simply just not that simple to be implemented in a few years.

Without it hell will become earth..

Everything we do tracked.. everything. (the future) To much meat did you by this week? no gas for your car or house...... (current times) disagree with the top political party .. Canada.. entire bank accounts frozen, still to this day for donating against JT...

[spazzdla]

Adding a privacy feature to bitcoin is a good idea but on the other hand there is already a privacy coin called monero and the exchanges are banning it left and right… What do you think would happen to bitcoin if it was also fully anonymous? It would probably get banned from the exchanges too. Without the support from the exchanges bitcoin adoption would take a huge hit. Most crypto activities are happening on the exchanges and that’s pretty sad imo.

I know of monero, I have used it and do use it.

Bitcoin is the future..

Again... Bitcoin will free or enslave humanity.... 

We will die to what future do we leave..... 


All mixing services at this point I assume have been destroyed...

El salvador is a glimmer of hope in the darkness.. be but a small one..