I just think privacy is more important with financials. - page 2.

gundala

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Quote from: Yourhomeboy on April 16, 2020, 03:52:15 AM

Posting your Bitcoin address, transaction ID on social media, may not worth it. People can get details of how you spend your money. Using a public address as a public person let's everyone see what you are doing with your money.

But if they is any reason, why u need to post your address or private keys on social media, try to hex code it. Or random people will access your mail. You can hex code with this site www.convertstring.com/EncodeDecode/HexEncode.
~

What is the motivation for someone to do this on social media? show off? or because they want attention so that they use social media inappropriately. Post a private key? are you serious
Well, whatever it is, if you have posted on social media, everyone will know, there is no more privacy. Be wise in using social media, use only as needed to establish communication and find out the latest news. Take care of your privacy, not everyone has to know what you are doing, what you are investing, let alone know your wallet.

Quote from: lixer on April 21, 2020, 11:25:33 AM

Government is able to know the transactions you make when you’re making use of an exchange that is centralized. Centralized exchanges always make reports to the government, but decentralized exchanges has nothing to do with the government and they can never tell what’s happening on decentralized exchanges because they have no access to it and does not control it.

So, if you don’t want the activities you’re into in the crypto community to be known by the government, it would be best that you start making use of decentralized exchanges, if not, then you’re still exposed to them by using centralized ones.

Yes, Centralized exchanges have an obligation to comply with rules related to "exchange businesses" recognized by the government, usually for consumer protection. This choice can not be forced, centralized or decentralized exchange, both have advantages and disadvantages. What is clear, understand the terms and conditions.

Casdinyard

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Quote from: lixer on April 21, 2020, 11:25:33 AM

Government is able to know the transactions you make when you’re making use of an exchange that is centralized. Centralized exchanges always make reports to the government, but decentralized exchanges has nothing to do with the government and they can never tell what’s happening on decentralized exchanges because they have no access to it and does not control it.

That's a fact. Centralized exchanges are submitting to government's demand when it comes to data reading but you don't have to worry if you have nothing to hind or something suspicious linked with your addresses. This is also why I use decentralized to sell my coins or trade because of the privacy I need although I have nothing to hide from anyone I just feel it very comfortable that no one sees what am I doing with my money.

Quote from: lixer on April 21, 2020, 11:25:33 AM

So, if you don’t want the activities you’re into in the crypto community to be known by the government, it would be best that you start making use of decentralized exchanges, if not, then you’re still exposed to them by using centralized ones.

Yeah, also be aware of some decentralized exchanges some of them is under also centralized system where government look for data, much safer with complete decentralized exchanges.

posi

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Quote from: mahilchii on April 20, 2020, 10:01:39 PM

Obviously privacy is a major role when it comes to financial stuffs, this is a big responsibility and you have to work hard to protect your assets. As the technology advances every year scammers are using different techniques too steal it.

Also I believe it depends on the individuals with whom you interact, if things are well and good then you are safe and secured from BTCs point of view.

You're absolutely right but despite the fact that privacy played a huge roles as financial is concerned working hard to protect ones assets is not what's needed because knowledge, researchs and avoiding human errors which may expose ones assets are what needed not tasks. However, majority of people dont know that using a single BTC address twice is not advisable.

lixer

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Government is able to know the transactions you make when you’re making use of an exchange that is centralized. Centralized exchanges always make reports to the government, but decentralized exchanges has nothing to do with the government and they can never tell what’s happening on decentralized exchanges because they have no access to it and does not control it.

So, if you don’t want the activities you’re into in the crypto community to be known by the government, it would be best that you start making use of decentralized exchanges, if not, then you’re still exposed to them by using centralized ones.

leyton11

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This is pretty cool and we can use it to deal with governments that are always negative on crypto. But actually we still have the black market, we trade there quickly and without anyone finding it. I know that you are advertising for Samuraiwallet but you need to give us more of their credibility. because this market has so many crooks creating wallets and we always need the confidence to start a new service. thanks.

mahilchii

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Obviously privacy is a major role when it comes to financial stuffs, this is a big responsibility and you have to work hard to protect your assets. As the technology advances every year scammers are using different techniques too steal it.

Also I believe it depends on the individuals with whom you interact, if things are well and good then you are safe and secured from BTCs point of view.

peggysimmons

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Quote from: Yourhomeboy on April 16, 2020, 03:52:15 AM

Posting your Bitcoin address, transaction ID on social media, may not worth it. People can get details of how you spend your money. Using a public address as a public person let's everyone see what you are doing with your money.

But if they is any reason, why u need to post your address or private keys on social media, try to hex code it. Or random people will access your mail. You can hex code with this site www.convertstring.com/EncodeDecode/HexEncode.

I thought maybe that person was depressed because he lost playing dice and gambling so that he posted a private key on social media,
very funny to see the faces of the hackers lose enthusiasm when they find out the contents of the victim's wallet is up hehe Grin

hey friend don't be stupid to post private keys on social media, and what are the benefits if you post private keys there. Wink

Sadlife

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There's no really safety and privacy if you choose to not post your Bitcoin address in social media websites because this websites crawls your PC and basically monitors you that's how frightening technology are these days.
If installing facebook app compromises security because it has been proven that Fb app is mining data and been selling to the highest bidders for ads.

MCobian

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If we want privacy to be maintained, then don't show our bitcoin address. Because if someone else knows, our transaction can seen
on the blockchain network. Moreover, showing the private key will be more dangerous, the possibility of our wallet can be hacked.
My suggestion for private key is stored in a safe place. And don't let other people know about it. Also avoid exchanges that require
KYC procedures, because of our data can be known by the government. If that happens we lose our privacy.

imstillthebest

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sharing private keys on social medias ? man that was a bad idea to do .

we all know that private keys is verry important to access a wallet so why would you share it publically but sharing transaction details like tx id and hash or crypto addres is fine afaik . for me financial is important but this does not mean that you can carelessly expose your privacy . i still secure my privacy as much as possible but not in a point that i wont share my wallet address .

sheenshane

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Quote from: KrisAlex18 on April 20, 2020, 04:17:31 AM

Quote from: webtricks on April 16, 2020, 08:46:51 AM

I don't understand what are you trying to point out.

Me too, but one thing that hooked me up is the thing he says about posting your BTC address on social media which is really not advisable to do by everyone.

It's okay as long as you didn't use your cold wallet address publicly if you have large transactions. The reason might someone stalking you if they know who really you are. Separate your cold wallet to your hot wallet that you may always use and clean Bitcoin that will always send to your cold wallet.

I don't post any in social media that I'm using Bitcoin nor your Bitcoin address. Because social media is linked to your real personal identity that might put your life in danger from the theft and scammers. Privacy in the crypto world is a must.

KrisAlex18

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Actually, there is no reason for us to post or to show our BTC to wallet in social media because no one cares about it, only hackers will be hooked up because of what you have done, showing up your personal information is such a bad thing to do, it is really not advisable for everyone because always remember your privacy, always keep your personal information because someone can use it for some purposes. They may use it to proceed some transactions using some of your details and once bad things happened, you will be the one that will be responsible for it because they use your personal information

Quote from: webtricks on April 16, 2020, 08:46:51 AM

I don't understand what are you trying to point out.

Me too, but one thing that hooked me up is they thing he say about posting your BTC address on social media which is really not advisable to do by everyone. You may also visit the link that he have said for more details.

buwaytress

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Quote from: ?? on ??

Privacy is highly important, but unfortunately it is becoming less possible in the modern world.

Actually, it is becoming more possible, but it would have to depend on you making very deliberate decisions to keep them. For the regular person living in a developing economy, I'd agree, it's impossible almost be private if you have to interact with the state for taxes and income, for births, deaths, marriages. I believe this is easier in some developed countries who recognise your right to privacy but on the other hand, have increased surveillance.

Whatever our situation, there is technology that helps us become more private. We should start using them.

Reid

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I might hex code my address but never my private keys.
I leave it written in the paper and don't want to be in my computer even if one without internet inserted.

Going old school is still fine.
If you want to share it with your wife then go write her a letter of how she could access your account thru a private key.
Maybe give her also a hard time just for fun. Grin

Gandam23

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Quote from: Lorence.xD on April 20, 2020, 03:02:25 AM

I am happy that you think that privacy is important, this is a disappointing thing to happen, people should realize that privacy overall is important, what if they use your social media account pictures to catfish or fraud people, isn't that important too?
What I am saying is that privacy should be taken seriously even if your finance is involved. Why go so low as to realize that privacy in finance is the most important when privacy as a whole is more important, plus your btc address would be still be spilled when you have a transaction to an individual, it is up to them whether they have ill intent or hopefully none.

Privacy was really one of the biggest thing we need to protect in order for us to protect our inner information so that no one or no other people may be able to use our identity in order to do bad things around us. Always remember that in the world of cryptocurrency anonymity is the most important part in which no one should be able to know your personal information no other than you yourself.

azmirihaque

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Security concern is very much important in dealing with any digital transaction. Specially maintaining privacy of bitcoin accounts is the prerequisite for making safe in crypto market. In such case, sharing of bitcoin address, transaction ID and account information etc. in different site or in social media is totally foolish decision. It may cause different types of lose.

i. Hackers are always active and it may help to try them to hack your account.
ii. People may know your secrete information.
iii. You may fall in some obligations in your country if bitcoin is not permitted by the government.
iv. Some miscreants may misuse the information etc.

If you are bound to share such information in any case, it will be intellectual decision to use code like hex code etc. You should remind that your security is in yours. So you have to maintain your privacy in your own policy.

Lorence.xD

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I am happy that you think that privacy is important, this is a disappointing thing to happen, people should realize that privacy overall is important, what if they use your social media account pictures to catfish or fraud people, isn't that important too?
What I am saying is that privacy should be taken seriously even if your finance is involved. Why go so low as to realize that privacy in finance is the most important when privacy as a whole is more important, plus your btc address would be still be spilled when you have a transaction to an individual, it is up to them whether they have ill intent or hopefully none.

maydna

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I agree that privacy is more important with financials. I think we are okay to share bitcoin or altcoin wallet addresses to the public, but we need to use a separate address that will be shared only on the public. The private keys will still our secret, and no one will know that as long as we don't tell other people, we don't have to worry about safety. I think that is why we need to read as much information as we can so we know how to make our wallet safe, and we can protect the coin that we have.

Besides that, I don't share too much about my personal life in social media because I don't think that is the right place to share something with many people who we don't know.

Wexnident

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Quote from: avikz on April 20, 2020, 12:14:30 AM

Privacy is important. But it is more important to stop illegal usage of cryptocurrency. We have number of incidents lately where cryptos have been involved in various illegal things like Dark Web Silkroad, NZ terrorist attack, money laundering, billions dollar exit scams like MtGox, Plustoken, ransomware etc. They have all taken the benefit of the privacy offered by the cryptocurrency. I am sure the community members don't approve of these incidents. If these were happened within the fiat system, it would have been more easier to brought them under justice! The privacy is probably helping the miscreants more than the common mass.

You can't really help but admit that for the overall good, identifying criminals is a lot better than indulging the concept of privacy. But well, there are various conceptions regarding it honestly, and you can't help but say that both are actually valid commitments. The idea of privacy being ignored probably stems from the fact that other humans see the information instead. If it were, let's say, automated systems, then fear would probably stop stemming out of the idea, though that's basically an impossible idea atm imo. You can't also say that wanting privacy is wrong, after all, a lot of people bs about the news of someone's daily life once they see something wrong with it, even though the context may actually be completely different than what was said.

OrangeII

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because it's better not to post vulgar things about your assets on social media. I prefer silence about this than giving screenshots about anything from my work. Well, I'm not keeping this a secret, but I don't want to get any other business besides my current job. if there is time, I might teach some people about this.

Topic: I just think privacy is more important with financials. - page 2. (Read 732 times)