Everybody's identity has a price. - page 2.

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: joecooin on May 17, 2014, 05:45:38 PM

Everybody who values their's at 10 USD or less will get a great deal selling it to Circle. What's the problem with that?

And: everybody here wishing for 'mainstream adoption' should be happy as we will then finally have the opportunity to go shopping on Ebay and on apple-thingy-store and all the other beautiful places, which will of course accept Bitcoin as soon as they are being 'de-risked' and 'consumer-protected' and sent by identified users from regulated Circle wallets.

The to-be-adopted masses of shoppers will be happy, Ebay will be happy, Circle will be happy.

And if Circle protects the users from their private keys even the FED will be happy

.

So, happy times ahead all around, maybe except for the to-the-moon-guy on reddit, as he's not gonna get there. But that is a small sacrifice.

Joe

edit: spelling

About you post.

One word:

No.

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: Bit_Happy on May 17, 2014, 07:26:39 PM

Who has an identity that is currently worth more than $10? Shocked

From the reporting on the Target Credit Card breach, I learned that the wholesale going rate is many times your $10 figure.

I don't quite get the ire directed at Circle. It's another model. This is progress. We don't need to abandon the working models. Indeed, one does not need to store all their stash at Circle. One could conceivably use it for their pocket money.

Light

hero member

Activity: 742

Merit: 502

Circa 2010

Quote from: Bit_Happy on May 17, 2014, 07:26:39 PM

How much privacy does "our identity" have left anyway?
The NSA spying/data collecting has been as bad or worse than anyone expected. Also, the IRS was caught taking a close look at the tax returns of people who belong to certain political groups, and people get fired from their job for certain types of donations.

Bitcoin is not anonymous either (despite many "news" stories claiming it is)
I value privacy, but for me it's probably too late to really matter much.
Who has an identity that is currently worth more than $10? Shocked

Last time I checked Google is estimated to make $600 a year from each user based on the the information they get from tracking and analytics. When they can read spending patterns and tailor ads to you it makes your identity rather valuable. I personally prefer companies to know less about me - I value that at a lot more than $10.

I suppose privacy depends on what context your in - you'll pretty much never be anonymous to the government, the taxman tries to know everything so he can hit as hard as possible. But as far as big corporations go I don't feel they deserve my information - they're being paid for a service no need to bloody well data mine on top of that.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

How much privacy does "our identity" have left anyway?
The NSA spying/data collecting has been as bad or worse than anyone expected. Also, the IRS was caught taking a close look at the tax returns of people who belong to certain political groups, and people get fired from their job for certain types of donations.

Bitcoin is not anonymous either (despite many "news" stories claiming it is)
I value privacy, but for me it's probably too late to really matter much.
Who has an identity that is currently worth more than $10? Shocked

darlidada

hero member

Activity: 723

Merit: 503

This is a very good point. But there will be and maybe there is already (see cryptonote technology) a way for the one who wants it to free himself from the tyranny of government and its oppression towards your privacy.

joecooin

sr. member

Activity: 359

Merit: 250

Everybody who values their's at 10 USD or less will get a great deal selling it to Circle. What's the problem with that?

And: everybody here wishing for 'mainstream adoption' should be happy as we will then finally have the opportunity to go shopping on Ebay and on apple-thingy-store and all the other beautiful places, which will of course accept Bitcoin as soon as they are being 'de-risked' and 'consumer-protected' and sent by identified users from regulated Circle wallets.

The to-be-adopted masses of shoppers will be happy, Ebay will be happy, Circle will be happy.

And if Circle protects the users from their private keys even the FED will be happy

.

So, happy times ahead all around, maybe except for the to-the-moon-guy on reddit, as he's not gonna get there. But that is a small sacrifice.

Joe

edit: spelling

Topic: Everybody's identity has a price. - page 2. (Read 1550 times)