Topic: Do you think privacy is important for a beginner? - page 2. (Read 730 times)

In my opinion, privacy is important, whether for beginners or experienced users. Both need to be constantly updated regarding the safest terms of use.
Here I am not talking about the field of crypto only, but rather about preserving the principle of privacy in all digital uses, which has never been an easy matter and may become more difficult with the tremendous technical progress that occurs every day.
The big problem with beginners is that it takes them some time to understand the concept as a whole, since the culture of centralization is prevalent in our societies and economies, which does not take into account the principles of privacy in any way. Experienced people have to stay awake all the time in order not to miss privacy-invading technology updates, and to learn the latest ways to avoid this.

For a newbie, privacy is especially vital. Since he recently started, he could not be very familiar with security procedures, but he should learn to take appropriate privacy precautions.

Privacy is meant for everyone to enjoy regardless of being a beginner or not, we can desire to have it as long as we wish to, but how do we now get his privacy achieved, we should know that this does not comes from government or any centralized exchanges and institution, privacy is what we can by our own self get through the way we live our daily live when we have control and decision to make about them on our own self, this begins with the freedom we first wanted which wasn't given by government than in decentralized network, therefore if you want this same privacy, don't expect it coming from the government than how you could achieve it by yourself.

Privacy protection is different from security protection. In the aspect of the thread content I think we are to talk more about the importance of privacy protection in the life of crypto beginners.

Over to the OP, Privacy is among the reason why crypto was introduced for the first place but currently I can say the opposite as the current generation don’t care about what information others have about them and their holdings, it’s only those who know the true importance of privacy that have tried to make it vital in keeping it hidden. It will actually go a long way if every beginner is to know so much about privacy why they should remain anonymous and all of that but no one should be force to do it anyways.

Everyone have the right to what they really want if knowing the importance and as a beginner you choose to neglect it then that’s to the individual own detriment Whats important is for them to know what decision they take afterward is on them.

Yes, Security is paramount for newcomers in the crypto world. Inexperienced users are often targeted by scams and hacks. Safeguard your investments with strong, unique passwords, use reputable wallets and exchanges, enable two-factor authentication, and educate yourself about common threats to ensure a safe entry into the crypto universe.

I feel when it comes to anonymity, there shouldn't be boundaries to that... Anyone can be scammed remember?? Being a newbie to the crypto world doesn't mean they don't have some shares capital or funds in Thier local banks..
Anonymity isn't a feature that should know boundaries since it's actually the essence of crypto. It's never an option to know people personally behind hotwallets or P2P transactions - but unfortunately, KYCs have ruined the original purpose.

Sandra 🧑‍🦰

Privacy is very crucial for everyone especially for beginners. Just because cameras are everywhere and KYC is becoming a trend, that’s not enough reasons that we should lost track of our privacy. No matter what happens, we should still stick to our privacy because it’s the only left for us so we won’t fall into scams and any form of fraudulence. But if we’re weak enough and easily lure to what’s in front of us, when privacy is being robbed, I guess it would be hard for us to recover it and expect the worst scenarios to happen once we do things without caution.

Well, Satoshi, apart from being much more tech-savy than us, was aware that he had created a currency that he devised as an alternative to legal tender, and that he could spend a lot of time in jail if he neglected his privacy. Today it is different, I think, because in the end bitcoin is used more as an investment and it is clear that it is not going to compete with the dollar or the euro to replace it in day-to-day payments. In addition, a lot of shitcoins have appeared, created by people with names and surnames for this very reason, because they are created more as an investment, although they also function as currency (a separate case would be that of stable coins, but I don't want to dwell on this here, as it would be off topic).

Our case is not remotely similar, although it is better to try to take care of privacy as much as possible.

You're right Mr. Peter, although I was thinking more about a phase when you learn as a newbie and make the unavoidable mistakes almost all people make, and then, when you have learnt enough create a new anonymous persona in the internet. I'm thinking in the forum for example: Satoshi was well aware about privacy, this is why his identity is still unknown, but I wouldn't say the same for most active members, me included. It could be a good idea to create a new alt account when you learnt enough to keep it private, for example.

Add to that the fact that we have a generation of young people who are used to the opposite: to broadcast their lives step by step through social networks. Most of them are approaching bitcoin for purely economic reasons and do not care about privacy in the slightest, which can be dangerous.


The problem is that once you have given away your privacy, it is very difficult to get it back.

There might be exceptions, but in my opinion it is very difficult for beginners to keep personal privacy, not only because of other members have said about data leakages and the recopilation of information to be sold to third parties, but because we live in a constantly changing landscape where, even if you knew today how to keep privacy, tomorrow things may change and no one will tell you.

So newbies will carry out actions that will unfailingly lead to the transmission of personal data, and most of them will learn little by little. But, again, even the most experimented ones must keep recycling themselves if they want to keep acceptable levels of privacy.

As you can see that privacy is important to everyone because even when you are trying to stay private,there are some people who is after your imformation unknownly to you. As long as money is involved to give out information people are ready to collect peanut to give out anyone's information.

Try to keep your information private by using only one site that uses KYC,so that there will be a lesser risk at your side because one can't keep 100% of himslef private as long as we are online.

Privacy is a necessity.
Without CBDC banks already need verification before you can have an account with them. They know everything you do with your money and everything you pay for. An institution shouldn't have that much power over any individual. They can freeze your money at any time and give some lane excuse about it.
What's worse is they are controlled by the government and the government can use it as a tool to tighten their grip on people's throats. This happened openly in my country about 3 years ago.

A lot of people don't care about privacy. Some people have said I'm overreacting or being unnecessarily paranoid. Some would say you're a conspiracy theorist.
A lot of innocent young people who called out the government on their injustice in my country suffered and most of their suffering came through the banks. They had all their money in the bank. A lot of them had no single Bitcoin in their wallets, that's if they had any wallets at all.
This single action showed me how much of a pawn we are in the hands of the government.
To an extent, you can't stay out of the prying eyes of external bodies completely, but to an extent, you can control how much they see and know and you can also control how much control they have over you, this would not have been possible without Bitcoin.

Not only for beginners, privacy is very important to be maintained by all forum members who store crypto assets. Privacy needs to be maintained by each individual and should not be spread haphazardly, especially on social media and generally on the Internet. Although privacy cannot be fully maintained in general, it is also necessary to consider which party the important data is shared with. Like when going through the KYC verification process to register on Exchange or things that require attaching privacy, I don't think it's a problem as long as the party has the legality to protect your privacy.

I'm sure, people who are already known in the Crypto world or whose names are often found on the internet and social media can still maintain their privacy. they never reveal their identity and the amount of their assets to the public because it would seriously endanger their safety. Because of that, the main originator of Bitcoin, known by the pseudonym Satoshi Nakamoto, has never revealed his identity to the public because of many things that he considered, rather than his life being insecure like getting lots of terror and threats, he chose to remain anonymous.

There is no need to flaunt large amounts of wealth or Bitcoin on the internet, many extreme incidents have occurred as a result of flaunting a number of assets on the internet. As happened to a Goldman analyst who was found dead some time ago.

Source:
JUST IN: Missing #crypto millionaire found dead and chopped up in suitcase.
Body of Goldman Sachs Analyst John Castic Found In NYC Waters

What is hard in learning about how to go private with bitcoin when there are alternatives to achieve that, are people relunctant to learning how they can go about it or what? Do we really needs a legal approval for privacy? Some that feels like bitcoin is not the way forward will not even use it talkless of adopting and going for it privacy.


You cannot compare physical and personal privacy together with bitcoin privacy because they are different and varies, bitcoin was not created on the context to solve our personal life privacy in the environment we live in, the target is on bitcoin privacy in our financial daily living.

Privacy isn't a necessary for every to do or to make but a choice for a person to decide because some people are okay with not having a good privacy like for example, where their name is known by people, net worth, background and other information while the others wanted to have some privacy the way they want for some reason that only that person knows or taking their privacy seriously even though a person won't be able to have 100% privacy as what you can read on Charles-Tim's post which I agree with . Anyway, as you can read from mk4's post that some people can't take privacy seriously which supports what I said about why it is a choice for a person to have a privacy as good as it can be.

Depends on what you want. But take note that we are accepting the "Accept terms of use" blindly and our whole internet life. We are not longer holders of privacy. Most important is knowledge and study a lot. Do not invest blindly

First thing, you shared your Location publicly on your forum profile, so I don't know maybe you missed this one, you might consider changing it.
I do agree that sharing anything to RANDOM people online is stupid thing, but I think no one is that stupid to share anything to just RANDOM people. People wouldn't just share their personal information without any purposes, and that definitely not to random people.

what is feared may be related to a new project that is making sales and asking for our KYC documents. or exchange platforms that ask for KYC then they go bankrupt. Of course, there are concerns about our privacy. but as long as we do KYC on a site or platform that has a good reputation, and indeed we use it all the time, not just to claim bonuses. I think it's okay to do KYC.
what is worrying is when people participate in airdrop and bounty campaigns. but when they want to claim the reward, they are asked to do KYC. and they didn't think to detail everything.

In my opinion; i do not think there has ever been privacy in crypto currency or tech; either you buy bitcoin or altcoins; or you practice designing or stuffs as such; theres not a time you have been private. Our mobile phones gives out ip address; browser with caches history gives out your chat information; btc transaction gives out ip too. And even some cex sells data out to government or private agencies.

The only difference is that many individuals are now well informed about their data and privacy being exposed; compared to before. Data privacy in crypto or tech is an haux.