Topic: How big of a role does privacy play? (Read 1030 times)
Privacy plays an important role in my life like privacy in information because not all should need to divulge. For me, i need also to be alone so that I can have time to myself .
I respect the feature of privacy and it is important to most people nowadays but it is not important for me because nobody cares about me like they are going to trace about my money so that they can find what do I do with my money how do I earn it. I spend most of my money on my needs and in my education so I do not think I should care about privacy. But let's assume that our government do not want us to use or accept Bitcoin in our daily life then I think we can use VPN or anything else to hide our activity but still we are going to use it because it is no wrong and at that point privacy will be important for everyone in my country.
It would be a problem if you had a "good amount of money" for a thief. Which could literally be $100. If they know where you live because they have linked your identity they could rob you for it. We havent seen any cases of robberies over $100 YET, however we have seen millionaires get robed because their identity was linked.
I respect the feature of privacy and it is important to most people nowadays but it is not important for me because nobody cares about me like they are going to trace about my money so that they can find what do I do with my money how do I earn it. I spend most of my money on my needs and in my education so I do not think I should care about privacy. But let's assume that our government do not want us to use or accept Bitcoin in our daily life then I think we can use VPN or anything else to hide our activity but still we are going to use it because it is no wrong and at that point privacy will be important for everyone in my country.
Many people use bitcoins because of the anonymity that if offers.It would depend on the person on what they share and what level of privacy they are comfortable with.
Even if you use mixers and programs like that, technology is being built to figure out the paths. So to me "privacy" in the community is not a high priority generally, because if it was monero or zcash would be #1.
Many people use bitcoins because of the anonymity that if offers.It would depend on the person on what they share and what level of privacy they are comfortable with.
privacy is very important to all of us especially nowadays...lots of scammer and burglar...you ork hard then in just a blink of an eye your hard earned money is in others hand already..so painful so privacy for me is vey important
Exactly. The sudden and drastic rise in btc value not only attracted investors but people whonhave nothing good to do with their lives. Hackers and scammers are everywhere so we can all.agree that privacy is really essential
privacy is very important to all of us especially nowadays...lots of scammer and burglar...you ork hard then in just a blink of an eye your hard earned money is in others hand already..so painful so privacy for me is vey important
Privacy is very important to me as it is also important to everyone. Although bitcoin is pseudonymous, still the freedom that it is giving is something that we should be grateful enough. We can now be somehow at ease that with our every online transaction, we can be free from third-party entities that are always interacting with every single one of it.
I think that the most important thing about cryptos are the privacy.. and now all the governments are trying to spy into bitcoin transactions or addreses to see if one of they citizens are doing something wrong, they always want to profit from that kind of things.
that is why most times i use to use a mixer.
that is why most times i use to use a mixer.
Most times I don't use bitcoin to pay for goods or use it for any illegal transactions am not gambling, the only thing I use bitcoin for is to exchange it and use the money to support my family financially. Or using bitcoin to send money across to my family as it the cheapest and easiest way now. And this comes with privacy because I don't have to go to the bank or any agent to carry out my transactions.
Privacy play a very important role for me. I feel that by following some privacy rules I can live my life more peacefully. Not following the privacy and constantly worrying about the hackers is worthless .Why not follow the rule and live unworried.
If privacy is such a big part of the community, I would think coins like monero or zcash would have a higher market cap. Would like to hear more about individual privacy.
In my opinion, most transactions being done with Alt coins with 100% Anonymity are linked to criminal actions.
We need a technology that are on par with the anonymity that cash gives us. This is why Bitcoin is Pseudo-anonymous. ^smile^
How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.
Nobody wants to be meddled during making transactions online. We need privacy because it serves as protection of our accounts from outside attacks.
I think complete anonymity might bring us some problems. I support what Monero is doing and i'm all for a minimalist government, but what would happen if everyone held their income and revenue in privacy coins and no one paid taxes? We'd have no roads, hospitals, etc... I think its a complex subject and requires a lot of research and study to see the best approach in practice between anonymity and transparency.
You can still be anonymous if want. You just have to use your imagination. As for me I don't care if that transaction can trace back to me.
Care to share your tips and tricks?
I think if you are really into privacy thing then its better to used other coins such as Monero. But there are really people who doesn't care about privacy, maybe they are not doing anything illegal or they really doesn't care.
As for me, I used mixing services to hide my privacy in the network. It added a additional later and protection on my identify. And I'm not doing anything illegal but I just don't want people tracking my every moved in the blockchain.
You can still be anonymous if want. You just have to use your imagination. As for me I don't care if that transaction can trace back to me.
Privacy is too important to us, it helps individuals maintain their autonomy and individuality. People define themselves by exercising power over information about themselves and a free country does not ask people to answer for the choices they make about what information is shared and what is held close. At the same time, this does not mean that public policy should shield people from the costs of their choices. Privacy over your data is very important to keep from stolen and loss.
I just find it very interesting that for alot of people privacy is very high on there list of needs for crypto. But yet the real "privacy" coins are only a small percent of the crypto currency market cap. With technology advancing, I would not be surprised if governments could just plug in your address and find out who owns it in a matter of minutes. ( Assuming you bought the coins on a site like coinbase, that keeps track of your transactions and requires Identity. )
Thats certainly true, I also think that governments have measures in place to find out who a crypto address belongs to, although I dont think that this thread is representative for the whole crypto space. I think that only a minor percentage is valueing privacy a lot. I guess those people that really want to use privacy coins for the purpose of staying out of the reach of governments wont be so stupid to buy their coins through coinbase etc., there are other ways to obtain crypto than regular centralized exchanges.
How important is privacy for you? In terms of making transactions online. As you know bitcoin is not very anonymous and once someone finds out your address, that can be linked to anything you have every purchased.
Actually privacy is not so important for me. In real.lofe also i always open to everybody.
If someone know my address and linked to anything that i purchase, at least i dont get hacked and thats fine.
We as individual have their own privacy. Privacy very important because it is for our safety and protection from any cheaters and hackers or any possible dangers. We should have security and becareful in every areas of accounts, wallets, before performing transactions especially in onlines.
Jump to: