Bitcoin transactions are transparent to all users while providing some sort of privacy because it's no easy to know which address belongs to who unless they let you know or that person involved in KYC which was not aimed. Blockchain aimed to go anonymous so people would have freedom financially
Privacy provides freedom, but Countries citizen fight against freedom of speech and forgot that speech will not give wealth financially, We Are and must fight against financial freedom in a modern way as Blockchain do until we all involve in Bitcoin and general cryptocurrencies.
Well said mate, there is private thing about the bitcoin transactions because it is really essential thing and those essential things are meant to be secured so they put it in private transactions. It will also gives privacy to the person who has so big amount of money in his or her e-wallet because as we all know those rich people are hackers and scammers want. So if the transactions in bitcoin is not private then the hackers will know who the person behind the big transaction of money which is really dangerous for them. So basically it is a good idea that this thing made to be private.
Privacy provides freedom, but Countries citizen fight against freedom of speech and forgot that speech will not give wealth financially, We Are and must fight against financial freedom in a modern way as Blockchain do until we all involve in Bitcoin and general cryptocurrencies.
Actually, freedom is really important in one country, freedom will make people not to fight against government, because those people who do not experience freedom are tend to think to fight against government.
Privacy is a human right and we should respect each and everyone's privacy. There is a law regarding it and it is what we called "Privacy Law" and it deals with the personal information of an individual, including financial and professional information, address, contact and etc. Every transaction using cryptocurrency must be private because scammers and hackers can use your identity if they enter and know your account's privacy. That's why we need to improve or enhance our security when we are managing our personal accounts. Freedom will make us comfortable and let us live our lives with the use of cryptocurrency. Freedom will give us power to make our own future and destination so that we will have no regrets during our cryptocurrency experience. The importance of privacy is that you will have your own identity and at the same time you can manipulate yourself.