I really just want enough privacy for people not to know how much money I have and what I have been spending on. I find Bitcoin's anonymity features to be enough for that. I assume most people are basically the same way. If total anonymity were such a huge factor for people, then Monero would be the number one cryptocurrency right now. Despite public perception that Bitcoin users are criminals, I'm pretty sure 99% of us are average joes.
Of course, if Bitcoin's anonymity isn't enough to satisfy your requirements, you could always use Bitcoin mixing services such as Chipmixer.
Topic: How big of a role does privacy play? - page 4. (Read 1032 times)
Security is the most important factor for people to love and invest in crypto, especially bitcoin. Thus the anonymity of bitcoin will always be appreciated. The future of bitcoin is still growing.
I would disagree and say that most people dont want to have "personal security". And what I mean by that, is that people dont want to be responsible for their own coins. Which is why Coinbase has been so successful. I think the level of privacy that bitcoin has is perfect, your identity isnt directly attached to it.
Personally for me privacy isn't much of an issue when making a payment online and it was not one of the reasons I was attracted to bitcoin, for me bitcoins biggest use case is that all transactions are trackable and that they can be quick and cost effective.
Security is the most important factor for people to love and invest in crypto, especially bitcoin. Thus the anonymity of bitcoin will always be appreciated. The future of bitcoin is still growing.
Bitcoin's decentralized that has the feature of anonymity of every user. And I guess it is very attractive to users. And since that you are asking why, in my own experience and opinion privacy makes me feel secure and safe as a user. Safe in the sense that identity is not identified by others, no background checks including age, status, works. And as a student, it gives us the that feeling that we can be involved in such technology.
Though it is hard to tell if the privacy is used more in negative stuffs than positive it still gives everyone an opportunity to work with equity with others disregarding the life status of a person.
Though it is hard to tell if the privacy is used more in negative stuffs than positive it still gives everyone an opportunity to work with equity with others disregarding the life status of a person.
So if privacy means so much, why dont you get a coin like Zcash or Monero? Bitcoin really isnt anonymous.
When it comes to the onion, you want to enter your world either in the forum of the onion and in this, it is for the desire to share and give to know it, I think we can all become big investors of the onion, it is a path to success, and all that is missing, what I hope most is when they have smart contracts, this is from another world.
Bitcoin's decentralized that has the feature of anonymity of every user. And I guess it is very attractive to users. And since that you are asking why, in my own experience and opinion privacy makes me feel secure and safe as a user. Safe in the sense that identity is not identified by others, no background checks including age, status, works. And as a student, it gives us the that feeling that we can be involved in such technology.
Though it is hard to tell if the privacy is used more in negative stuffs than positive it still gives everyone an opportunity to work with equity with others disregarding the life status of a person.
Though it is hard to tell if the privacy is used more in negative stuffs than positive it still gives everyone an opportunity to work with equity with others disregarding the life status of a person.
Privacy is important for me, it's part of the freedom we have. I think Bitcoin has enough privacy if you use it the right way, for example it doesn't limit you to create a certain amount of accounts/addresses, like banks do. Use this feature to give yourself more privacy, don't use an address multiple times for different payments if you want to stay anonymous. Also Bitcoin doesn't require any of your personal information, it's the exchanges and web-wallets that want you to register your personal details. Create a desktop wallet or generate a random address using bitaddress.org, you don't have to be connected to the internet to receive transactions. For extra privacy there is also something called a mixer, it fully anonymizes your transactions and as far as I'm aware of is legal in most countries.
So even though other alternatives exist like monero which are based on your high priority . You are still bullish on Bitcoin?
Well yeah what I have noticed is that people dont want to switch from bitcoin because it is bitcoin. Very high customer loyalty and people are even willing to pay through the high fees.
For me, privacy plays a big role. I am still searching for the best privacy coin, currently on my watch are Monero, AEON, Anoncoin, NAV. Feel free to add one if you think something is missing. I know there is also Zcash and Dash.
Privacy is important for me, it's part of the freedom we have. I think Bitcoin has enough privacy if you use it the right way, for example it doesn't limit you to create a certain amount of accounts/addresses, like banks do. Use this feature to give yourself more privacy, don't use an address multiple times for different payments if you want to stay anonymous. Also Bitcoin doesn't require any of your personal information, it's the exchanges and web-wallets that want you to register your personal details. Create a desktop wallet or generate a random address using bitaddress.org, you don't have to be connected to the internet to receive transactions. For extra privacy there is also something called a mixer, it fully anonymizes your transactions and as far as I'm aware of is legal in most countries.
So even though other alternatives exist like monero which are based on your high priority . You are still bullish on Bitcoin?
Privacy is important for me, maybe even more because I’m from Europe which gives much biger accent to this issue than USA for example. I like the feeling that my privacy is kept and protected and that my data are avilable to everyone. Bitcoin is not anymore anonimous like it used to be and there are many tools available that can help to identify the users and transactions but still you are not completely exposed by using it.
Bitcoin was never anonymous. There are enough safe practices you can follow to ensure that your privacy is protected. Some newbies still don't follow the basics, like not reusing addresses and being careful about linking addresses. It will take some time for safe practices to get ingrained in all bitcoin users.
Well I do think there isn't that much negative role when it comes to the whole idea of bitcoins
In fact the blockchain technology enables us to look at something in a very transparent manner..
It could easily stop corruption and we can look forward towards a better future.
I don't even know why one needs privacy if he is doing something right... Its a question when you are into something shady..thus I think.. I won't mind my privacy being breached .
In terms of transactions ^
In fact the blockchain technology enables us to look at something in a very transparent manner..
It could easily stop corruption and we can look forward towards a better future.
I don't even know why one needs privacy if he is doing something right... Its a question when you are into something shady..thus I think.. I won't mind my privacy being breached .
In terms of transactions ^
I prefer fully private blockchain in bitcoin, but in the reverse, it's fully transparent where any of the people outside can follow our all transactions and transfers. Privacy lovers can go with Monero and zcash if they're rigid for privacy.
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.
Privacy is very important. The government always wants to see how much you make and have total control of your money when necessary.
Anonymous cryptocurrencys protect us from those type of thieves.
How so funny as you stole my account and you talk about thieves...the irony!
If you are very worried about privacy, perhaps you should try currencies created specifically to protect privacy. Although 100% no one can guarantee. Maybe I'm wrong.
Privacy is of course very important i think. The way i see it is, one wouldn't necessarily walk around the streets with a placard with all personal details on. To my mind its a similar thing in crypto and online in general. Its a sort of catch22 situation because, corporations and governments would probably want minimal privacy but the essence of crypto is the opposite in addition to all the other features and benefits it provides.
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.
this does not seem too important.because even if someone knows the transaction from the bitcoin address we have,
but at bitcoin address is not listed our personal data,
so this is not a problem, as long as our data is stored safely from every transaction that we do.
and we still have a sense of comfort about transacting using bitcoins
Privacy is important for me, maybe even more because I’m from Europe which gives much biger accent to this issue than USA for example. I like the feeling that my privacy is kept and protected and that my data are avilable to everyone. Bitcoin is not anymore anonimous like it used to be and there are many tools available that can help to identify the users and transactions but still you are not completely exposed by using it.
Privacy is the main reason that has been not supported by government, in one point and it makes why there is some negative news show up
As crypto becomes more mainstream there will be more demand for privacy coins. Monero and dash are too expensive right now, train has left already. Better off buying deep onion, cheap on the exchanges with huge growth potential next year!
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.
Privacy is very important. The government always wants to see how much you make and have total control of your money when necessary.
Anonymous cryptocurrencys protect us from those type of thieves.
To a certain extent. When you want to cash out and use the money you make off of bitcoins, you are back on the grid. Due to this, I will never consider bitcoin to be completely anonymous, until (if at all) we reach the stage where bitcoin is a closed environment and you don't have to cash it out to use it.
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