Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: The PATRIOT Act comes to cryptocurrency
by
DooMAD
on 23/10/2023, 15:36:15 UTC
⭐ Merited by o_e_l_e_o (4)
You can't do anything about it until people start learning from their mistakes.
They have to first realize what their mistakes are. Many people don't see using centralized platforms and submitting your documents as detrimental to their privacy.

That's the tricky part.  Once you've lost it, it's often not an easy thing to obtain again.  By the time these people realise, they might not want to put in the required effort to regain their privacy and just lazily continue down the path the government are laying out.  I'd imagine that's exactly what the US are banking on. 

It's unfortunate that we're likely going to end up with a two-tier system.  Privacy for a few, surveillance for the many.  Purely because some people are negligent.