Quote from: philipma1957 on Today at 05:23:53 PM

Quote from: friends1980 on Today at 01:09:41 PM

Quote from: lightfoot on Today at 12:15:41 PM

Quote from: friends1980 on Today at 11:11:45 AM

One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....

Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause.

So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.

I wonder if there could be a way to turn this whole KYC and ID thing to our advantage. For instance, what if we would simply post all of our private data on the net? If we then were accused of something that leads back to us, we could simply answer: sure, but that could have been anybody, because my data is publicly available anywhere. (let's be honest, government security has more holes than a sieve anyway, so our info probably is up for grabs already...)

Most of your data would work. Just not your wallet keys.

Good suggestion Cool

Most of the other so-called "private" date are invented by government and corporations anyway: SSA number, national registry number (or whatever it's called in countries all over the world), addresses and numbers, account numbers etc.

Shouldn't complain though. At least our parents got to pick our first names freely.