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Author Topic: Privacy isn't an option but a Neccesity  (Read 398 times)
PrivacyG
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December 25, 2025, 11:48:22 PM
 #41

Not all stable coins are centralized, Dai is a decentralize stable coin and can't be seized by anyone, I'm not sure if there has been any complaints of Dai seized by the issuer. They are better than USDC that is back by cycle. I think the worst stable coin of them is USDT, they are very quick to flagged an address if they find you suspicious, that's why most people don't like them, there are many addresses with USDT that are flagged since last bull run and can't be move due to regulation concern.

Stable coins can be bad for privacy but even Bitcoin as an alternative doesn't help you with full privacy with coin control unless you break the link. A simple chain analysis can tell you where an input and output of transaction is coming and going. You need to either use a mixer or coinjoin for compliance. Most centralized exchanges don't like it when transactions comes from mixer due to regulation and fear been a stolen coins.
Using Cryptocurrencies whose Developers or 'teams' have control over removes all the utility of the Cryptocurrency in my opinion.  Then you could simply use PayPal or similar platforms instead, at least they offer some kind of guarantees that Tether does not.

Let us be honest here, Bitcoin coming from Mixers does not make any Centralized Exchange 'fear' that you may have stolen Bitcoin in your Wallet.  Most of them who crack down on such UTXOs are simply B S ing around with your Money because they have this power and because they can.  I imagine a lot of Money is given up by customers who simply do not want to share too much information or shared every thing they could and still can not get the legitimate source of their Bitcoin proven.

 
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SamReomo
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December 25, 2025, 11:55:22 PM
 #42

The ones who're unaware of privacy don't really care much about it but the ones who know its importance understand that it's very important thing. I believe someone with such high transaction history should at least know about privacy and instead of using a wallet with high transaction history he/she might prefer to use different wallets for different clients.

Although, using of CEX will break connections but as we all know that to use a CEX one has to complete KYC first. When there's KYC then there's again no privacy but I guess at least a good CEX won't make life of such high rollers harder because it doesn't show any connections whatsoever.

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MusaMohamed
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December 26, 2025, 04:25:56 AM
 #43

The ones who're unaware of privacy don't really care much about it but the ones who know its importance understand that it's very important thing. I believe someone with such high transaction history should at least know about privacy and instead of using a wallet with high transaction history he/she might prefer to use different wallets for different clients.
Using different wallets and different addresses for different purposes and for deals with different entities are very important. Bitcoin blockchain is not private so Bitcoin users must take care of their privacy by themselves, starting with wallets, addresses, change addresses, UTXOs, and also Tor when broadcasting transactions in deals with other entities, clients or trade partners.

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Although, using of CEX will break connections but as we all know that to use a CEX one has to complete KYC first. When there's KYC then there's again no privacy but I guess at least a good CEX won't make life of such high rollers harder because it doesn't show any connections whatsoever.
There are centralized exchanges with KYC and there are other centralized exchanges without KYC but nowadays, there are less no KYC centralized exchanges to use.

If in practice, through Bitcoin blockchain, we made transactions to centralized exchanges where KYC is a mandate, we will lose our privacy to their exchanges, and it is one of many points for governments to track our money flows.

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December 26, 2025, 11:21:49 PM
 #44

The ones who're unaware of privacy don't really care much about it but the ones who know its importance understand that it's very important thing. I believe someone with such high transaction history should at least know about privacy and instead of using a wallet with high transaction history he/she might prefer to use different wallets for different clients.

Although, using of CEX will break connections but as we all know that to use a CEX one has to complete KYC first. When there's KYC then there's again no privacy but I guess at least a good CEX won't make life of such high rollers harder because it doesn't show any connections whatsoever.
Everybody that's into crypto ought to be intellectual and know exactly what they need to stay upright in the space. Crypto is no space for newbies whole have chosen to be unserious but a space for intelligent minds and watching how these minds will make crypto space a better place to earn good figures. KYC are very important and we know what they mean because it's essential means to keep the private data of a user safe from all these random theft and scams.
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Today at 07:50:42 AM
 #45

The ones who're unaware of privacy don't really care much about it but the ones who know its importance understand that it's very important thing. I believe someone with such high transaction history should at least know about privacy and instead of using a wallet with high transaction history he/she might prefer to use different wallets for different clients.
Those that understand privacy will always say good thing about decentralized asset, because they have experienced positive results from their privacy and they will like to spread the good news to other people to show interest in decentralized asset. The ones that don't know how decentralized asset work will always against decentralized asset, because they don't have the ideas on how to use privacy not to expose their keys to scammers, because the moment you expose all your details to your enemy show that they can have access to your coins anytime without your permission.

Privacy is very important to crypto investors not to mention any amount of coins they have store in their wallets, because you don't know who is who that will turn against you to send some bad guys that will robb all your coins.


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