Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: A perspective of the future of Bitcoin..
by
o_e_l_e_o
on 03/05/2020, 08:34:36 UTC
⭐ Merited by amishmanish (1)
Concerns like privacy are in individual's own control.
But that doesn't mean people like me can't lament the general lack of interest in privacy that is growing throughout the population, can't advocate for people to take their privacy more seriously, can't become exasperated at those willing to give up their privacy for the promise of some airdropped garbage.

Privacy is a private matter, sure, but how other people view and treat their privacy affects me too. Because the majority of people don't care about their privacy, they don't care when governments pass ever more draconian surveillance laws, or companies start coding back doors in to their products, or facial recognition technology starts monitoring people as they walk down the street. Because of this, I have to take ever more complicated steps, dedicate ever more time and effort, to protecting my own privacy. I get view with suspicion for doing these things. I get asked such ridiculous questions as "What are you trying to hide?".

Further, we are seeing the bitcoin ecosystem grow to more resemble the fiat one we are trying to escape. Privacy invading centralized exchanges are starting to "police" the space based on their own rules. With several major exchanges, you now can't deposit or withdraw coins to addresses associated with casinos or sportsbooks without having your accounts frozen and your coins seized. They even trace your coins through multiple transactions to see their history. This is antithetical to not giving third parties control over your money. As above, they get away with this kind of behavior because the majority are apathetic.

I'm not going to tell other people what bitcoin is or should be, but I'm also not going to stop advocating that people take their privacy seriously.