As a beginner using Bitcoin, I believe privacy is crucial because it helps keep my personal and financial information safe. When I use Bitcoin, my transactions are recorded on a public ledger, which means others can see what I'm doing. To protect my privacy, I should take steps to safeguard my identity and transaction history.
To do this, I can use privacy-focused cryptocurrencies or special tools in my Bitcoin wallet that make it harder for people to trace my transactions. I should also be careful about sharing my personal information online, as it can be used to connect my online identity to my Bitcoin activities. I must also remember to follow the rules and laws in my area, as some places may require me to share certain information when using cryptocurrencies. Balancing privacy and compliance is important for me as a beginner in the world of Bitcoin.
True, the data that you have sent may not necessarily be signed out even though we have decided to opt out of the platform. Yes, the terms and conditions apply and we have checked them when doing so even though as said the day after tomorrow or things may change and if that feels burdensome we have to look for options that make us safe in the end.
My thoughts too, and with cryptocurrencies going mainstream and the major players being centralized... I honestly think we have given up this card called "privacy" as this is beyond our control as third parties are calling the shots on this unfortunately... Privacy today is somewhat out of our control unless you are a pro user.
Especially in financial investments and one more thing regarding transactions, where Privacy is a very necessary thing where we can choose what and with whom we will transact and be protected from people who have no interest in disclosing our financial history.