Privacy is a big and debated topic nowadays, especially for things like bitcoin and digital tech. It's about people having the power to control their personal info, who collects it, how it's used, and how it's kept safe. But when it comes to bitcoin and stuff, privacy isn't easy. There are lots of problems and choices to make, like legal stuff, what's right, how people feel, and the tech side of things.
Getting total privacy might not be attainable currently because the world is fiat driven and living totally on Bitcoin is also impossible in some areas. But for those that value privacy, we have our part to play in it. Using a mixer, avoiding centralized exchanges, and maintaining a private life might be helpful. Everybody must not know that you own Bitcoin, let's learn to keep our mouths shut.
Seems like privacy might not be around much longer. Cameras are everywhere, watching us in public and even private places. There's this new thing called CBDC's that might replace cash and let people keep an eye on our money stuff. Our data is being taken and used without asking us. We have to do things like KYC for bitcoin exchanges, which might make us less anonymous. And they're even taking our biometrics, who knows why.
Using physical fiat to make payment can promote privacy more than CBDCs but I don't think CBDCs will lead to the eradication of physical fiat. The physical currency will still exist for a long time. To avoid KYCs choose exchanges that don't require them and consider using P2P.
People are divided on this. Some think privacy is really important and should be guarded by rules and society. But there are others who don't really mind and think privacy isn't a big deal. So, I created thread to see what everyone thinks about privacy.
People are in the Bitcoin space for diverse reasons. Some people don't care about their privacy so they wouldn't mind giving out their personal information. Someone told me that he doesn't care about privacy because he has nothing to hide. He is just in the sector to make profit and not to seek privacy. The summary is that If privacy is important to you, you will do everything to get it.