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Topic: Crypto Currencies Privacy - page 2. (Read 249 times)

hero member
Activity: 2436
Merit: 503
Cryptocasino.com
October 07, 2022, 07:17:10 PM
#7
The War of crypto has begun um so in my opinion I think anonymity and privacy online should be highly valued and practised by anyone to the best of ability who is interacting with cryptocurrencies.
No, it's not always working like that. Sometime privacy is very valuable and in another case anonymity just helping out so many scammers to steal your money. you may not the victim from such case but what about when your money got stolen by hacker?If you are really valuing anonymity and then you shall never use cex caused by it's centralized. Just try to think the best way to cash out your money without cex then
sr. member
Activity: 1372
Merit: 348
October 07, 2022, 05:38:53 PM
#6
Anonymity and privacy online should really be valued but you cannot push your stance of not submitting your personal information if the government abiding CEX and legit platforms asked you to submit KYC if you are using the platform and have your funds in it.

hero member
Activity: 3038
Merit: 634
October 07, 2022, 04:37:18 PM
#5
We value our own privacy but the big businesses/exchanges, we can't do nothing against them if they're implementing such policies. Yeah, there are the other decentralized exchanges where we can trade freely.

But it is that, we have our own preferences and some may say that they don't like it and they're more comfortable using services that compromises their privacy like the usual thing we encounter, KYC.
staff
Activity: 2436
Merit: 2347
October 07, 2022, 04:06:22 PM
#4
It doesn't work that way, you'll have to choose one thing. If you want privacy for all crypto-users, welcome to the underground. Unrecognized coins, use only on the darknet or among themselves, low prices, low distribution, but all private and anonymous.

If you want adopsion, distribution of cryptocurrencies, high prices, widespread use and the ability to pay with cryptocurrency in many services and stores, then welcome to regulated space, where there will be AML, where there will be KYC, where there will be oversight and regulation. You can't combine anonymity and ubiquitous use, it's too utopian a vision, alas.
hero member
Activity: 1344
Merit: 540
October 07, 2022, 02:08:13 PM
#3
there are a lot of people in crypto now who don't understand the importance of censorship resistance and who don't care that crypto should be for everyone they think criminals should be punished they think that they should be sacrificing their privacy and everyone's privacy for the sake of trying to punish criminals exist everywhere.

The War of crypto has begun um so in my opinion I think anonymity and privacy online should be highly valued and practised by anyone to the best of ability who is interacting with cryptocurrencies.

Of course, everyone still value our anonymity and privacy. That's why we still uses Tor or mixing services. However, Tornado Cash was hunt down and put down for good. But there will be others going to replace it. And we still have bitcoin mixer that we can used so that no one can trace us.

Not sure about the criminals though, for ordinary crypto enthusiast, we really have to think on how to be private in this crypto world. Maybe privacy coins and just like what I said, mixers as well.
hero member
Activity: 3038
Merit: 617
October 07, 2022, 01:30:32 PM
#2

We have not seen a user yet in the forum who personally has crypto frozen in his wallet. If for instance, this happens, we can be assured freezing his tokens is specifically aimed at this user.

Probably, for now, we can only say keeping privacy is just us being too paranoid but if the government actually controls one big major exchange and can dig your data from the exchange, they probably can target each one. Yup too paranoid I guess.  Grin
newbie
Activity: 28
Merit: 2
October 07, 2022, 01:17:20 PM
#1
there are a lot of people in crypto now who don't understand the importance of censorship resistance and who don't care that crypto should be for everyone they think criminals should be punished they think that they should be sacrificing their privacy and everyone's privacy for the sake of trying to punish criminals exist everywhere.

The War of crypto has begun um so in my opinion I think anonymity and privacy online should be highly valued and practised by anyone to the best of ability who is interacting with cryptocurrencies.
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