WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY.

[nakamura12]

Well, I don't know the reason why they are not taking it seriously but here's my thought or you can say my guess or maybe others will call it opinion that they will take it seriously when something bad will happen. I have seen cases like that in real life when they are not taking something seriously after something bad had happened. It may be because of censorship that they want to know even though privacy means something and it also doesn't mean that they are hiding something but I guess some people do hide something that shouldn't be hidden.

[electronicash]

with miners censoring transactions is like a centralized platform and they chose to do it because someone is using Coinjoin. seemingly this is where we are going already especially because mining companies are now owned by big institutions.

all because a user is using Coinjoin, they already concluded the transaction to be a crime. there have to be miners out there who can pick transactions from Coinjoin.

[Raflesia]

This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.

I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.

[famososMuertos]

People have a platonic "love" with security and then they get confused in that idea with their privacy, they are very different concepts that the banks have been in charge of "mixing" (without commercial allusion), then after years of a wrong idea in When it comes to privacy, they tend to feel it is normal that banks maintain a link between their banking information and governments, sometimes not directly, but in some way indiscreet, since the privacy of your finances is lost in the process, when just  you open your bank account, but the bank sells you a feeling of security.

So, even though the crypto environment is "infected" by these old financial tools/troubles, there are options that users should know about, thoughts the gap continues to close..

[AmoreJaz]

This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.

I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.

if you do want to preserve your privacy, better not use these social media platforms or not share any of vital personal transactions. in most cases, it is the user himself subjecting himself to potential threats of scamming and the likes.
and they will only be cautious once they have been a victim of online fraud.

[Abiky]

Privacy seems to be non achievable day by day due to a lot of factors but an average Joe who lives paycheck to paycheck doesn't take it seriously because even if someone finds their identity they have nothing to lose from there.

Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.

We can blame governments for this. They've spread false propaganda, making the public believe privacy is a very bad thing. When you hide your financial activity, it could bring suspicion. That's why most people don't care about privacy, often claiming they "have nothing to hide". A pity, because this will lead crypto towards more centralization in the long run.

Governments will not only be able to see your entire financial history, but also be able to determine which transactions go through and which get frozen due to suspicious acitvity (via centralized exchanges). If we had privacy, this would've been almost impossible to achieve. It seems to me that crypto/Blockchain tech is heading into a dark future. You can see what I mean with the recent crackdown of centralized mixers. Who knows if privacy ends up being abolished by mainstream governments in the long run?

[jrrsparkles]

Privacy seems to be non achievable day by day due to a lot of factors but an average Joe who lives paycheck to paycheck doesn't take it seriously because even if someone finds their identity they have nothing to lose from there.

Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.

We can blame governments for this. They've spread false propaganda, making the public believe privacy is a very bad thing. When you hide your financial activity, it could bring suspicion. That's why most people don't care about privacy, often claiming they "have nothing to hide". A pity, because this will lead crypto towards more centralization in the long run.

Governments will not only be able to see your entire financial history, but also be able to determine which transactions go through and which get frozen due to suspicious acitvity (via centralized exchanges). If we had privacy, this would've been almost impossible to achieve. It seems to me that crypto/Blockchain tech is heading into a dark future. You can see what I mean with the recent crackdown of centralized mixers. Who knows if privacy ends up being abolished by mainstream governments in the long run?

The government has the authority to look into anyone's financial rights that doesn't mean we have to be completely open and let everyone know what we are doing that is the difference between privacy and anonymity. Due to the evolution of social media these people also become numb to spill out their sensitive information just to see everyone hust for the sake of publicity called likes.

[Raflesia]

This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.

I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.

if you do want to preserve your privacy, better not use these social media platforms or not share any of vital personal transactions. in most cases, it is the user himself subjecting himself to potential threats of scamming and the likes.
and they will only be cautious once they have been a victim of online fraud.

I dont think so because IMO in the end it depends on our intentions and purpose of playing social media because not everyone who plays social media does not mean to show themselves and eliminate their anonymity that has been maintained before.
It's just that I still feel it's about how we behave because after all, things like this are the attitudes and traits we have. If in the end we like to make ourselves seem glamorous or show the assets we have even though they don't play social media, there must be another situation that makes them show off that they are part of a bitcoin investor with a large portfolio.
I have encountered quite a few people I know like this where they don't even hesitate to show themselves and the portfolios they have just to attract someone's interest to look at them.

[Silberman]

The government has the authority to look into anyone's financial rights that doesn't mean we have to be completely open and let everyone know what we are doing that is the difference between privacy and anonymity. Due to the evolution of social media these people also become numb to spill out their sensitive information just to see everyone hust for the sake of publicity called likes.

Not long ago the concept of banking secrecy still existed, so if a government wanted to check your financial records at a bank they will need to have some sort of probable cause and a legal order for a bank to agree to this, and if not then they could reject the request, and I think most people would agree that such model was fine as it was a nice compromise between privacy and law enforcement, but it seems we are moving away from that model and governments want to ask whatever they want and banks have to agree with it, it is why this market is now being subjected to such attacks as governments these days seem to hate any level of privacy.

[lalabotax]

Why do people think that coordinators, mixers, coinjoin software, etc.  have something to hide?

Would you sow anyone your bank account transactions just because they want to see? Is it any of their business?

People are not taking their blockchain privacy seriously enough. It wasn't too long ago that FTX users' financials were exposed in a hack!

(And follow me on X/Twitter )

There are still many people who don't want to know the importance of maintaining privacy in everyday life. There are people who prefer to show off what they have, even by posting things that are not recommended to be posted on their social media, just because they feel proud of their assets or achievements. There are also people who are very curious about other people's privacy, who ask repeatedly and ask for explicit and clear evidence about something that should be kept secret. And in this case, whether these people understand what they are commenting on or not. It seems that this really does not comply with the principle of the importance of maintaining privacy. And that's what some parties really like regarding privacy, which really doesn't need to be shared.

[The Cryptovator]

Nowadays, protecting our privacy is becoming harder. Centralised organisations think those who want to protect privacy are involved in illegal business. It's regrettable that even centralised exchanges are not accepting funds from those who mixed their coins in various ways. Someone informed me a few days ago that Binance asked him to show them where the transaction came from. That fund actually came from a mixer, and Binance flagged it. I am just curious why centralised exchanges even need to bother with where funds came from if there are no hacking stories related to them. Cryptocurrency is becoming centralised day by day, making it hard to protect our privacy.

[Alpha Marine]

Some folks are so nonchalant about this. Somehow, because they feel they have nothing to hide then the whole world should know stuff about my private life.
The fact that you have nothing to hide doesn't mean people are not trying to cause you harm. Hackers are always on the lookout for the next victim and showing the whole world your transaction history just makes it easier for them to choose who to target.

The traditional system has sold the lie of "your funds are safe with us" so well to an extent that people don't even see the need for Bitcoin, its anonymity and privacy
Asking someone who doesn't want the whole world to see their transaction history "What do you have to hide" is such a funny thing.

[arabspaceship123]

It isn't a coincidence privacy in crypto's getting harder.

Why send mixed funds to Binance? Who reads signing up agreements after they've downloaded apps or installed software? If Binance asks customers where their funds came from they've got to be ready for it being flagged so it's better they use other exchanges.

Nowadays, protecting our privacy is becoming harder. Centralised organisations think those who want to protect privacy are involved in illegal business. It's regrettable that even centralised exchanges are not accepting funds from those who mixed their coins in various ways. Someone informed me a few days ago that Binance asked him to show them where the transaction came from. That fund actually came from a mixer, and Binance flagged it. I am just curious why centralised exchanges even need to bother with where funds came from if there are no hacking stories related to them. Cryptocurrency is becoming centralised day by day, making it hard to protect our privacy.

[serjent05]

Why do people think that coordinators, mixers, coinjoin software, etc.  have something to hide?

Because people are fed with conspiracy and lies by the government?  Well, I am not saying that the government is fully wrong on this account, there are indeed transactions that go through mixers and other cryptocurrency processors that are used for bad things, but the government is too biased about this.  Like, it is ok if fiat is used for such kinds of activities but cryptocurrency should not.

Would you sow anyone your bank account transactions just because they want to see? Is it any of their business?

I think it is not like that, we don't show our Bitcoin transactions when someone asks it even though we all know that the Bitcoin blockchain is transparent.

People are not taking their blockchain privacy seriously enough. It wasn't too long ago that FTX users' financials were exposed in a hack!

Have we not talked about privacy for many years now?  If we search the forum about such threads, we can find many...  But mixers and other trace-erasing applications are different things.  These services are okay for us, but in the eyes of the authorities who want to take control of everything, that is taboo.

[btc78]

in today’s age where everyone feels comfortable sharing everything on the internet, it’s no surprise that they would not find sharing their bank transactions online disturbing

people share their names, contact information and addresses everywhere the lack in value of privacy has been significant more than ever in the digital age

[uneng]

Why do people think that coordinators, mixers, coinjoin software, etc.  have something to hide?

Because they allow people who have something to hide to use their services and also profit from them. At same time it's a category of service which benefit common individuals seeking for privacy, it also enables criminals to run their schemes.

Would you sow anyone your bank account transactions just because they want to see? Is it any of their business?

Of course not, but we live in a centralized society where there are rules and regulations to be followed. And we don't have enough power to go against such determinations enforced by authorities. If they want to see our history of transactions, we have to show them or face the consequences for breaking the rules...

People are not taking their blockchain privacy seriously enough.

Total privacy is an illusion. We don't even know what technology governments currently have under their disposal to spy us. The best to do is to have nothing to hide, always! Then, there will be nothing to be used against you!

[arabspaceship123]

It's a fact of life. When ppl start using new tech or when they're becoming normalised they stop worrying about what's normal. If their privacy isn't a priority because other ppl start sharing every part of their life online they do what other ppl do. I don't agree with what they're doing it but it becomes normal.

in today’s age where everyone feels comfortable sharing everything on the internet, it’s no surprise that they would not find sharing their bank transactions online disturbing

people share their names, contact information and addresses everywhere the lack in value of privacy has been significant more than ever in the digital age

[taufik123]

It's a fact of life. When ppl start using new tech or when they're becoming normalised they stop worrying about what's normal. If their privacy isn't a priority because other ppl start sharing every part of their life online they do what other ppl do. I don't agree with what they're doing it but it becomes normal.

That's even above normal, although it doesn't attach importance to privacy, at least there are some restrictions that shouldn't be violated.
When someone shares a bank transaction they make, telling them how much money they have in savings, it's an acute illness because it shows off what no one else really needs to know.

Me and the people around me like to share everything I do every day, but I keep the boundaries about privacy that I can't publish.
It is a boundary that will provide a sense of security from people who have evil intentions.

[justdimin]

if you do want to preserve your privacy, better not use these social media platforms or not share any of vital personal transactions. in most cases, it is the user himself subjecting himself to potential threats of scamming and the likes.
and they will only be cautious once they have been a victim of online fraud.

I dont think so because IMO in the end it depends on our intentions and purpose of playing social media because not everyone who plays social media does not mean to show themselves and eliminate their anonymity that has been maintained before.
It's just that I still feel it's about how we behave because after all, things like this are the attitudes and traits we have. If in the end we like to make ourselves seem glamorous or show the assets we have even though they don't play social media, there must be another situation that makes them show off that they are part of a bitcoin investor with a large portfolio.
I have encountered quite a few people I know like this where they don't even hesitate to show themselves and the portfolios they have just to attract someone's interest to look at them.

I feel like the biggest usage is for that reason, doesn't mean "all" does that, but it's usually that reason and that's the most important part. You may not use it that way, but 99% of the world uses it that way and that means we d olive in a world where privacy is not that much cared anymore. Like I always say, if your privacy doesn't worth anything to you, then others breaching it shouldn't be a problem for you.

Anyone who willingly puts a selfie or group photo at instagram, can't be bothered when they get a spam mail, one is much more privacy oriented then the other, your mail is nothing you are giving away your face for free. This doesn't mean that you can do whatever you want with it, it just means that we are talking about a situation that would be just willing by the people and that's much more important. I get that some people can't understand why others are so freely giving their privacy away, but you also have to see that as the world we live in.

[arabspaceship123]

I won't say it isn't crazy I'd say it's an acute illness when ppl go to tiktok or facebook talking about their savings or publishing their banking. It's a different situation if you're sharing info which isn't plainly private but it's true ppl should keep boundaries or else they'll open themselves to ppl with evil ideas.

It's a fact of life. When ppl start using new tech or when they're becoming normalised they stop worrying about what's normal. If their privacy isn't a priority because other ppl start sharing every part of their life online they do what other ppl do. I don't agree with what they're doing it but it becomes normal.

That's even above normal, although it doesn't attach importance to privacy, at least there are some restrictions that shouldn't be violated.
When someone shares a bank transaction they make, telling them how much money they have in savings, it's an acute illness because it shows off what no one else really needs to know.

Me and the people around me like to share everything I do every day, but I keep the boundaries about privacy that I can't publish.
It is a boundary that will provide a sense of security from people who have evil intentions.