Post
Topic
Board Bitcoin Discussion
Re: A treatise on privacy
by
Kakmakr
on 13/07/2020, 09:58:42 UTC
There are a continues fight against privacy from all governments, even against their own Fiat cash. People are absolutely obsessed with Bitcoin's anonymity or should I rather say pseudo anonymity, but they forget that cash is even more anonymous than Bitcoin.  Roll Eyes

Pseudo anonymity is absolutely critical for Bitcoin, because it hides your financial information from criminals. All transactions is transparent on the Blockchain, so it puts us in danger, when those transactions can be traced back to our savings and our wealth.

Satoshi designed Bitcoin to offer pseudo anonymity to protect people's wealth. It is their own decision if they want to void that by using third party regulated services.  Roll Eyes