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Topic: BTC Needs A Privacy Layer - page 4. (Read 814 times)

newbie
Activity: 7
Merit: 8
May 21, 2021, 11:25:01 AM
#1
https://www.msn.com/en-us/money/markets/the-us-treasury-wants-every-crypto-transfer-larger-than-10000-to-be-reported-to-the-irs/ar-AAKcIRu

https://www.msn.com/en-in/money/topstories/why-government-shouldnt-delay-cryptocurrency-regulations/ar-AAKeI1V

Bitcoin is the greatest form of money humanity has created.  It has a monetary policy second to none.  But it is missing this one crucial component that is an essential human right and even more necessary today than it was a decade ago, privacy.  I'm curious if privacy can be done in a way such that it protects the identities of the transactions (both in terms of btc address and personal identity) while still preserving the open-ness and transparency of the current system?  Also what is the consensus of the BTC community on implementing this?  I've generally heard the commumity/devs don't find it necessary.
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