Bitcoin was described as an "ANONYMOUS DECENTRALIZED CURRENCY."
Then downgraded to pseudo-anonymous....
Then I realised....holy fuck.....it's NEXT TO IMPOSSIBLE to buy the things without giving up a hell of a lot of personal info. I signed up to a few exchanges. Had to give them passport photos, bank statements etc.
It's possible to remain anonymous.
I feel like the only person who has is Satoshi.
Some days this feels like an NSA plan.
And obviously, I assume everyone has heard about this recent initiative to "whitelist" coins.
I've ranted about this before, but it's becoming something we are losing site of in our euphoria over the recent rallying.
Priorities people.
The deflationary nature of our currency is great economically, but awful in terms of privacy. We have an endlessly circulating, increasingly tainted network here!
Wow. Just imagine if there were only 21 million phone numbers allowed what that would mean for anonymity.
In the USA, right now, I can send anonymous Money Orders to CampBX in the amount of up to $1000 each day into my account. All I need is an e-mail (which if set up with TOR would be pretty anonymous) and an account at CampBX.
I can then transfer the coins wherever I want to an address that is pretty much anonymous as well. (Anonymous in the sense that, unless someone is REALLY interested in me, they aren't going to know I have bitcoins).