Post
Topic
Board Bitcoin Discussion
Re: Privacy in Bitcoin
by
kryptqnick
on 29/03/2020, 15:41:13 UTC
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.
I think the main ideas have been mentioned in the thread already, but I will try to summarise:
Bitcoin never aimed at anonymity. If it did, there would not be a blockchain where every transaction is available to anyone, it just doesn't make sense. However, it does not mean Bitcoin has nothing to do with financial freedom, it's just that this freedom can be understood in a different way. Namely, financial freedom can be freedom from the authorities that centralize and regulate money. And this decentralization is definitely the goal of Bitcoin.