Quote from: o_e_l_e_o on July 26, 2021, 08:19:35 AM

Quote from: tyz on July 25, 2021, 12:47:54 PM

The idea is that everyone has to know each other's identity when sending a cryptocurrency. That means you would have to know my identity if you want to send me Bitcoin. This is complete nonsense.

I think the idea is that the government knows everybody's identity. You can still give me your wallet address and I can still send you some bitcoin without either of us knowing anything else about the other, but the government want to know who is sending and receiving those transactions, even if the people doing the transacting don't.

Yeah it's the government, not people. I understand that government needs to know who sends money to who, that "sort of" makes sense, obviously it is not good for privacy and some people are very much against it, but I at least can understand it a bit.

What I do not understand however is that why people bother with it so much, are you hiding something? My government knows exactly how much I own and how much I made and I paid taxes based on that, it is not even about them sending me any information, I did it all with my accountant, I do it every month.

This includes every single thing I spend as well, since I am a freelancer I have the luxury to even claim food as expense since my home is my office so I eat at my office while eating at home, so they know basically EVERYTHING, like literally to the garbage bag level, to what I eat every day level. I do not mind, since.. like why would I care if they know it? Why would it matter if government knows I ate a bagel this morning?