The blockchain breaks the privacy laws (?)

[Mr Tsoutsounopaiktis]

I believe that the blockchain breaks the privacy laws. Do you agree?

[KriszDev]

Why? 'Cause everybody store all tx? Or the keys?

[ScreamnShout]

I would disagree. It is known what exact information that is stored on the blockchain. Most privacy laws require that users should not be told that information will not be shared, but then the entity goes ahead and shares the information anyway.

[Malin Keshar]

What laws?

Who would be the victmins? The people that use blockchain, or all people because blockchain do no requires or warranty any way of identify the users?

[Mr Tsoutsounopaiktis]

I believe that nobody has the right to record the transactions of the people. It is illegal.

[Sindelar1938]

Every transaction recorded on the ledger is the result of somebody's sovereign decision to engage with the btc protocol
They are implicitly waiving any right to privacy (in that narrow sense), in my book anyway

[jjc326]

What privacy laws are you even talking about?  That's the first question.

Most "privacy laws" only deal with certain information such as name, address, SS#, etc., stuff like that.  The fact that you're engaging in BTC transactions means you probably agree to have your "information" broadcasted on the blockchain.

[blumangroup]

What laws?

Who would be the victmins? The people that use blockchain, or all people because blockchain do no requires or warranty any way of identify the users?

The victims would be the people that send and receive bitcoin.

Most privacy laws would not apply because both the sender and receiver would know in advance that the blockchain is public information.

[cocos]

What privacy laws are you even talking about?  That's the first question.

Most "privacy laws" only deal with certain information such as name, address, SS#, etc., stuff like that.  The fact that you're engaging in BTC transactions means you probably agree to have your "information" broadcasted on the blockchain.

It is still illegal. It doesnt matter if you agree or disagree.

[zetaray]

Transactions are just moving numbers from an address to another. No names or addresses disclosed, how does it violate privacy laws?

[cocos]

There is no anonymity on internet. If you have ip you have name and address.

[runam0k]

Every transaction recorded on the ledger is the result of somebody's sovereign decision to engage with the btc protocol
They are implicitly waiving any right to privacy (in that narrow sense), in my book anyway

^ This.  To send bitcoins, you literally publish a transaction.  It would be a bit like posting a picture on the Facebook and then claiming your privacy was breached by Facebook displaying the photo.

[Este Nuno]

It's a completely different system at play here so I don't think we can apply those laws.

Plus, it's a voluntary act. Using Bitcoin that is.

[51percemt]

Plus, it's a voluntary act. Using Bitcoin that is.

This is the most important fact in the conversation. Since consumers voluntarily provided their transaction data to the blockchain (when they sent the TX), knowing that the information would be public they have no standing to sue over privacy laws.

[keithers]

It's a completely different system at play here so I don't think we can apply those laws.

Plus, it's a voluntary act. Using Bitcoin that is.

I think this is true, I would say that you sacrifice your right to privacy by choosing to use BTC.   If you were forced to use BTC, then maybe you would have a case

[Razick]

I believe that the blockchain breaks the privacy laws. Do you agree?

Why? If you believe that, then post reasoning to explain yourself. I mean no offense, but a post like this with no explanation does no good. If you have  no idea, then word it as a question.

[Mobius]

It's a completely different system at play here so I don't think we can apply those laws.

Plus, it's a voluntary act. Using Bitcoin that is.

I think this is true, I would say that you sacrifice your right to privacy by choosing to use BTC.   If you were forced to use BTC, then maybe you would have a case

It is not possible to force someone to use bitcoin. Once you control an address, no one can force you to sign a TX that spends your coins.

[jjc326]

What privacy laws are you even talking about?  That's the first question.

Most "privacy laws" only deal with certain information such as name, address, SS#, etc., stuff like that.  The fact that you're engaging in BTC transactions means you probably agree to have your "information" broadcasted on the blockchain.

It is still illegal. It doesnt matter if you agree or disagree.

It's called waiver and yes sometimes it does matter if you agree or disagree, as you put it.  In any case my first line still stands - you need to say what laws you think the blockchain violates.  "privacy laws" as you put it is not a law or something you can point to in court.

[bornil267645]

You need to set your priority right. I mean I still haven't found any faults. Can you specify it please?

[botany]

I believe that the blockchain breaks the privacy laws. Do you agree?

If bitcointalk.org does not violate privacy laws by publishing your comments, the blockchain does not violate privacy laws by publishing your transaction.