WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY.

[Blitzboy]

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?

In their pursuit of transparency, governments routinely violate privacy rights. They portray financial privacy as suspicious, implying that "nothing to hide" negates privacy. Crypto now faces centralization issues. Crackdown on centralized mixers? A red flag warns of a future without privacy.

Dont underestimate Bitcoin's resilience. It began with a desire for financial independence and freedom from monitoring. Yes, the trip is rocky, but Bitcoin is decentralized at its core. Cryptocommunity must promote this principle. The war for privacy is both internal and external, to educate and redefine the narrative. Privacy is the right to regulate what we reveal and to whom. This conflict isnt done; its changing.

[1715444581]

1715444581

[Bureau]

In their pursuit of transparency, governments routinely violate privacy rights. They portray financial privacy as suspicious, implying that "nothing to hide" negates privacy. Crypto now faces centralization issues. Crackdown on centralized mixers? A red flag warns of a future without privacy.

Dont underestimate Bitcoin's resilience. It began with a desire for financial independence and freedom from monitoring. Yes, the trip is rocky, but Bitcoin is decentralized at its core. Cryptocommunity must promote this principle. The war for privacy is both internal and external, to educate and redefine the narrative. Privacy is the right to regulate what we reveal and to whom. This conflict isnt done; its changing.

I agree with you that the government routinely violates our privacy as do big companies like Google, Meta, and Bank. What I do not agree with you about is financial privacy as using it terrorists, rouge nations, and politicians are busy creating a world where the life of every human is at risk. The creator of Bitcoin allowed transaction transparency but the lust for fiat made us part of the KYC campaign of CEX.

Mixers are not that solution and they cannot be as the only option as per my understanding is to make Bitcoin a people's money. Only a few countries are available where vendors accept Bitcoin and only one country has now made Bitcoin a legal tender. Do you think a person living in El Salvador would need a mixer? Your suggestion does not make sense if you are a true believer in Bitcoin.

[arabspaceship123]

Mixers aren't a solution but privacy coins like XMR could be if they aren't removed from centralised exchanges. Where's El Salvador standing on mixers?

If ppl continue to use those companies they're allowing their info to be given. Are you going to propose solutions because we know we're facing a losing battle against big companies. It doesn't stop ppl from using them that's unacceptable but they do it. Where's their info being sent?

I agree with you that the government routinely violates our privacy as do big companies like Google, Meta, and Bank. What I do not agree with you about is financial privacy as using it terrorists, rouge nations, and politicians are busy creating a world where the life of every human is at risk. The creator of Bitcoin allowed transaction transparency but the lust for fiat made us part of the KYC campaign of CEX.

Mixers are not that solution and they cannot be as the only option as per my understanding is to make Bitcoin a people's money. Only a few countries are available where vendors accept Bitcoin and only one country has now made Bitcoin a legal tender. Do you think a person living in El Salvador would need a mixer? Your suggestion does not make sense if you are a true believer in Bitcoin.

[Shamm]

People don't care about privacy, as simple as ABC.
Today you'll see people who post on their facebook when they eat, where they eat, with whom their eat. They also post other their activities, what they watch, where they plan to go. You can see that millions of people post that on public. Then there we have Instagram where people post their almost nude photos, some of them even post their nude photos and upload their private intimate lives. So, tell me why do you expect from people to take care of their privacy when they use bitcoin for making transactions? Majority of bitcoin users don't even use it for the purpose of getting rid of 3rd parties and improving privacy, they use it because it's a good and cool way to earn money.

Nowadays some of us posted some of our private informations on social media as we all know that it's too risky when we are posting where we  usually hangout with our friends . Cause if scammers  know all our information and all the places where we usually find then there's a  big chance that scammer will copy some of or identity then scam many people using our profile and we will shock that why other people complain about indentity.

[darkangel11]

I heard that on a number of occasions. Show us your bank statement, inside of your house, browsing history, shopping history, hard drive content... That's unless you have something to hide. Only criminals have, so if you don't want to be called a criminal you better cooperate. Fuck that.

Mixers aren't a solution

Why? They work pretty good, whichj is why they're being attacked.

but privacy coins like XMR could be if they aren't removed from centralised exchanges.

That's right "if." If I had a doctorate, I would have been a doctor...

[taufik123]

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.

Such show-off illnesses are called narcissistic so they feel proud to tell what they have even if dealing with their privacy.
They want to always be praised for their accomplishments, so they tell them how much money they have and so on.

It is easier to get crucial information through social media, and this will threaten its users.
But they never realize, especially with many crypto assets will certainly always be targeted for spamming,
phishing and other methods so that they fall into the trap and lose the crypto assets.

[Davidvictorson]

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

The folks who are in this category are more of those who haven't had an experience with an attempted or an actual security breach on their wallets. Which is why when we tell them to avoid, address reuse, they ignore us. When we tell them to avoid centralized exchanges because of the KYC requirements and identity exposure risk, they ignore us. With regards to CoinJoin, although they provide a degree of privacy, it is not sufficient. There's a need for further advancements like zero-knowledge proofs and confidential transactions to encrypt payment amounts and enhance privacy.

[Z-tight]

Mixers aren't a solution but privacy coins like XMR could be if they aren't removed from centralised exchanges.

I am having a hard time understanding this sentence, Monero is surely great for privacy, but anything you do in a centralized exchange is not private. Centralized exchanges are data farms, so they have your data and you have no privacy when you use them.

Where's El Salvador standing on mixers?

BTC is a legal tender in El Salvador, so they aren't going to have any problem with mixers, but it does not matter because that is not where the 'market' is for mixers. Mixers have a bigger market in the U.S. and the government is hostile to privacy solutions.

[arabspaceship123]

It's true there's many examples of rich ppl who haven't flaunted wealth in social media they don't have showing off illnesses but some ppl try to get fame when they don't have talent or money. I'd say if you'll put enough info in the open ppl with bad intentions are going to cause tough damage. If ppl keep private lives away from showing it online they'll have less chance of harm by baddies. If you're telling ppl about how much crypto you've got you're inviting scammers to get to you.

Such show-off illnesses are called narcissistic so they feel proud to tell what they have even if dealing with their privacy.
They want to always be praised for their accomplishments, so they tell them how much money they have and so on.

It is easier to get crucial information through social media, and this will threaten its users.
But they never realize, especially with many crypto assets will certainly always be targeted for spamming,
phishing and other methods so that they fall into the trap and lose the crypto assets.

[panganib999]

[the all caps is just to get attention, this is not a rant.]

In case you missed the news, Ocean Mining ran by Jack Dorsey, luke-jr, Giacommo Zummo and some other folks are refusing to mine Samourai whirlpool transactions. But this thread is not about that. This thread is about this tweet:



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 )

While I share your sentiments regarding this mixer issue, since I've been in the industry for years now and have been an enjoyer of such services in the past. I think the crackdown on mixers right now is a little on the extreme even if they were being used by hackers/scammers to clean their money and all that shit, since at the end of the day all that they really do is make sure that your money is untraceable, to keep those same nosy people from ever having a hold of your information.

The ban on mixers in this forum doesn't help either. I just wish something amicable is taken so mixers are still able to advertise themselves in this forum, especially long running ones who have proven time and time again that they are not on the side of those that break the law.

[franky1]

The ban on mixers in this forum doesn't help either. I just wish something amicable is taken so mixers are still able to advertise themselves in this forum, especially long running ones who have proven time and time again that they are not on the side of those that break the law.

the forum has no choice in the matter

what you dont realise is this forum is a service in the US jurisdiction meaning US law
when there are regulations involved. these cannot be ignored. as it can involve court orders, and if ignored.. court dates, fines, prison for not complying

what i believe to have happened is the Mixer owners that purposefully and in full knowledge processed sanctioned/illicit funds for a fee and got caught and charged, triggered regulators to want to gather any and all evidence about that charged suspects activities, and with them having a account on this forum promoting mixers, the task force then requested any and all information on this forum about that account holders activity..
(well thats what logic and common sense would suggest as natural chain of events of a mixer operator being caught and charged for facilitating illegal funds)

secondary to this any private or public communications or commissioned promotions with other users would then trigger those other users details to need to be investigated and collected too.. and so on

so to avoid all these legal orders requesting data on users.. its simple and much better to not advertise things that have legal ramifications

[abel1337]

As new crypto users come, it seems that people  doesn't care about one of the characteristic of cryptocurrency which is privacy. They only comes here to earn profits and not care about the privacy they should have by using crypto. It's alarming to see people who use crypto that normalize KYC procedures, as they think it is the way it should be, just like what banks do all over this years. I like privacy and I also like having the convinience along with it.

To be honest, I submitted KYC on some platforms that I used but it doesn't mean that I like it, if there's a chance of finding alternatives or not submitting entirely, I would definitely choose it.

I just don't like the idea of normalizing the KYC stuff, we don't submit KYC years back and today, the major platforms are now requiring KUC.

[franky1]

As new crypto users come, it seems that people  doesn't care about one of the characteristic of cryptocurrency which is privacy. They only comes here to earn profits and not care about the privacy they should have by using crypto. It's alarming to see people who use crypto that normalize KYC procedures, as they think it is the way it should be, just like what banks do all over this years. I like privacy and I also like having the convinience along with it.

To be honest, I submitted KYC on some platforms that I used but it doesn't mean that I like it, if there's a chance of finding alternatives or not submitting entirely, I would definitely choose it.

I just don't like the idea of normalizing the KYC stuff, we don't submit KYC years back and today, the major platforms are now requiring KUC.

KYC for currency was normalised DECADES ago.
bitcoin 2009-2013 was not a currency it was deemed private property which made it feel different to fiat currencies.. however being declared a currency in 2013 meant the fiat rules are applied to crypto services.

just because the bitcoin network does not ask for ID it does not mean the businesses that operate in the US become immune to US law.
note the difference between the bitcoin network which laws cannot snap apart. vs businesses which law enforcement can snap handcuffs on business operators breaking the law.

business operators are not default immune from the law simply by using bitcoin. so they need to think smarter. learn the law then learn the loopholes to.. not evade(illegal) but legally avoid the law traps

bitcoin users are not by default anonymous/ghosts simply by holding bitcoin, their activities off the network can link them to certain things. people need to think smarter. learn the law then learn the loopholes to.. not evade(illegal) but legally avoid the law traps

[wallet4bitcoin]

[the all caps is just to get attention, this is not a rant.]

In case you missed the news, Ocean Mining ran by Jack Dorsey, luke-jr, Giacommo Zummo and some other folks are refusing to mine Samourai whirlpool transactions. But this thread is not about that. This thread is about this tweet:



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 )

Not showing their balance is actually entirely upto them as a people and might be their culture or their business idea or whatever that sounds sacred to them but again, the chain in which they exist doesn't entirely have that feature.

If they feel like they want to enjoy true privacy while still on a blockcain solution, they should consider using privacy blockchain as it solves a whole lot of problem.

[blckhawk]

To answer your rant/title, is probably because and I do believe so that privacy is such a tiring chore and that taking the serious measures and having a presence of mind when it comes to your security takes up a lot of time for so many people and we are living in a fast paced world that wants us to do more in a 24 hour timeframe so maintaining and keeping an eye on something that can just work without your supervision is a waste of time for some people. Or a lot of us have surrendered our right to privacy and our private lives that we don't care anymore, this is probably the easiest answer to that rant.

I feel like Ocean Mining has the right to choose who they are going to work with if they deem fit or something like that because if we are not free to do that then what is the point of having these freedom that we have, I just don't like the idea that some people are attacking them or something like that. And to answer the question about the bank transactions, I definitely would show it to them if they have the warrant to check it out.

[crwth]

This is definitely not about one person's privacy but the importance of many. If you think about it, many people get scammed and their money has been transferred to a wallet and will be mixed or any of that "shady" "hide" stuff that you are talking about. To prevent that and have a hope to return it, it should be transparent and can be seen on the blockchain, which is the "decentralized" part of cryptocurrency. It's not just about "not hiding" but to be transparent is to let others know that you have nothing to hide.

This is not for selfish reasons, but for the many, I think.

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

Of course it is a different thing to show your transactions in a "BANK" but don't you think that the essence of cryptocurrency is that it's decentralized? It's transparent. If you use it, it should be accepted that it will be transparent. Do you want to go back into the fiat system where banks are in charge and it's important that you are the client? I think you're missing the point of crypto being decentralized.

[pinggoki]

This is definitely not about one person's privacy but the importance of many. If you think about it, many people get scammed and their money has been transferred to a wallet and will be mixed or any of that "shady" "hide" stuff that you are talking about. To prevent that and have a hope to return it, it should be transparent and can be seen on the blockchain, which is the "decentralized" part of cryptocurrency. It's not just about "not hiding" but to be transparent is to let others know that you have nothing to hide.

This is not for selfish reasons, but for the many, I think.

Totally, that's should be the point of all of this stuff, there's a reason why bitcoin's got a public ledger so why hide something when a lot of people can benefit from not hiding and as you've said already, scammers are taking advantage of these features that many crypto offers, there's not a lot of people that I know that are happy or hyped up about the privacy that crypto wallets or mixers offers and I do agree with that statement, if you have nothing to hide then why be scared? No one can tamper a transaction that's already been done already and I think that if mixers and wallets that hide transactions cooperate with stuff involving money laundering and criminal activities, they might be able to keep their businesses but at the core of it all, it breaks the principle of privacy so a lot of people are still divided about this to this day. Sometimes the good of the many is what matters and in the case of this one, the people that will benefit from transparency is larger than those that won't benefit.

[Odohu]

Wether we accept if or not, it is a matter of time before privacy will be dead I regards to Bitcoin and cryptocurrency in general. The recent developments have already shown that anything that has privacy attached to it will either be taken down tagged a bad name like "dark net". The authorities want to see everything and they will stop at nothing to achieve that, we don't have a choice other than to comply like we are already doing.

Maybe they have to find a new meaning of privacy,  like privacy provided by the authorities or controlled by them.

At the moment, we might still feel there can be privacy in the digital space but soon we will come to term with reality that nothing is and will be really private

[kentrolla]

That's the sad reality and people rarely bother about their privacy and end up regretting later. I don't understand why do we have to be transparent ? Crypto is not made for that and we need our own privacy but due to the recent crackdown on mixers people has started thinking that if they use mixers then they are committing a crime or getting into something illegal which isn't the reality. We have right to have privacy on every single thing let it be crypto or any other details just like our bank balance and account details or secret pins and password.

We need to understand one thing that unless we do something illegal or go against law we don't have to justify or feel pressure about as this is an psychological game played to make crypto a decentralized and open source stuff so that they can have more control over our finances.

[Abiky]

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

That's sad because it gives governments more power/control over people's lives. With privacy/anonymity, it's hard (if not impossible) to get ahold of your entire life. Most people have nothing to hide, so they don't care about privacy at all. This will slowly but surely lead us into a future where privacy-preserving techniques will be banned by mainstream governments for good. Hiding your utmost sensitive information from the government, will raise nothing more than suspicion.

When you see governments attacking mixers and no-KYC exchanges, it means they hate privacy. Now there's a situation with a BTC mining pool censoring transactions linked to Samourai wallet's "Whirlpool" privacy-preserving technique. For the average Joe, this is nothing. But for hardcore crypto and privacy enthusiasts like me, this is alarming news. Hopefully, privacy will prevail on the long run. As long as there are people defending their right to privacy, nothing else matters. Just my thoughts