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Topic: How big of a role does privacy play? - page 5. (Read 1032 times)

legendary
Activity: 1927
Merit: 1004
November 28, 2017, 02:48:11 PM
#11
+1 for deeponion. wit hthe planned features it will be the best choice for full privacy. we need privacy in crypto and in the near furture i think the anonymous coins will be the ones to use. that why i'm heavily into deeponion.
 i'm not shilling i just believe in it. look at it for yourselves and make your own minds up. some anonymous coins in your portfolios is a must imo. get some deeponions
sr. member
Activity: 582
Merit: 250
An Impressive Purely Anonymous Currency.
November 28, 2017, 02:47:09 PM
#10
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.
sr. member
Activity: 586
Merit: 255
November 28, 2017, 02:43:58 PM
#9
I agree privacy is very important especially when it comes to assets. That's why I have been spending time investing on DeepOnion, as I feel it has lots of potential to beat Monero and Dash in the near future with all its upcoming features. This is just my opinion though and would suggest others do research before investing large amounts of money like me.  Smiley
newbie
Activity: 15
Merit: 0
November 28, 2017, 02:42:50 PM
#8
Privacy is important to me. I think thats why cryptocurrency was introduced in the first place. DeepOnion is an interesting coin using the tor network to guarantee anonymity, very interesting stuff!
full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 28, 2017, 02:37:54 PM
#7
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 ^



Like I have said, it can put a target on your head. If I know you have $100k in BTC then I could try put more phishing attempts at you, or could rob you.
hero member
Activity: 1862
Merit: 830
November 28, 2017, 01:46:23 PM
#6
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 ^

full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 28, 2017, 01:39:10 PM
#5
I'm not buying illegal goods, or even gambling, so I'd have to say I'm not all that concerned about people knowing my bitcoin address.   Cash is still the most anonymous form of currency--but as long as no one can link an address to a real person, bitcoin is pretty anonymous.  At least enough for most people.  

And yet somehow the feds end up catching criminals like the Silk Road posse.  I don't know.  I'm sort of indifferent.

That isnt the only reason though. If I know that your address is X and X has $100k in it, I can work harder at phishing you or even robbing you. Well even if law enforcement or another entity cant fully track people and their bitcoin address. New technology is making advancements and soon or later it will become easier.
legendary
Activity: 3332
Merit: 6809
Cashback 15%
November 28, 2017, 01:34:46 PM
#4
I'm not buying illegal goods, or even gambling, so I'd have to say I'm not all that concerned about people knowing my bitcoin address.   Cash is still the most anonymous form of currency--but as long as no one can link an address to a real person, bitcoin is pretty anonymous.  At least enough for most people.   

And yet somehow the feds end up catching criminals like the Silk Road posse.  I don't know.  I'm sort of indifferent.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 28, 2017, 01:27:42 PM
#3
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?
sr. member
Activity: 518
Merit: 268
November 28, 2017, 12:51:34 PM
#2
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.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
November 28, 2017, 12:36:25 PM
#1
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.
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