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Topic: Is the society matured enough to handle privacy? - page 4. (Read 655 times)

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I only see both existing  together  with more preference on decentralization  but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it

Matured enough in what sense?

Sometimes when people think of this privacy as something that would work as a bubble surrounding you and nobody can see through it I honestly feel like laughing, forget the whole thing about the Yellowpages where your phone number and address were written for everybody to know and now people freak out when somebody finds them on Facebook. I've just finished reading one of Simenon's novels from the Maigret series, I wonder how the f word would any of those have taken place in a country with fully implemented GDPR and privacy laws, probably all of those have gotten away as you couldn't even ask the concierge the names of people living in the building Grin

But with the insecurity  and economic  crisis hitting the world from all angle is it still safe to agitate for a complete  decentralized  society  ditching  the fiat for bitcoin.

Decentralized society?
You have the perfect example of how a decentralized society will work when you look at the way the EU is not working now.
The moment half of the parents in my kid's class decide the starting hour should be 8 the other half at 10 and the teacher says she will only teach in the afternoon is the moment you realize that even animals have a leader that tells the herd where and when to go and if someone doesn't obey gets left behind.
And if anyone says that the way things should work is by the will of the majority, that's not decentralization, that's democracy.

Second, why the hell do all the bad things in the world have to happen so that we ditch fiat for bitcoin?
I've never understood this obsession with how the collapse of the world economy will be good for us cause people will switch to bitcoin? Do you see people in Mariupol adopting and using BTC?  No, the ones doing so are those who are now in Florida and don't care about spending 2k on a plane ticket, 4 k on accommodation, and a whopping 20k for a whale pass to attend the conference as a VIP.

Bitcoin is money, money and wealth can't thrive during insecuirty and crises.
sr. member
Activity: 333
Merit: 507
Privacy is good and bad at the same time.  And what becomes of it is dependent  on who handles it and how the handle it. 
..
But with the insecurity  and economic  crisis hitting the world from all angle is it still safe to agitate for a complete  decentralized  society  ditching  the fiat for bitcoin.  I only see both existing  together  with more preference on decentralization  but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it

I'd like to hear how others think privacy (outside of crypto) could be preserved. This could be technological or political, like ensuring an internet Bill of Rights.

There's never been a time with so little privacy, and it will only get worse. Right now you use a phone, the internet, satellites, and banking that identifies you very uniquely in many different ways. Granted, in this forum it may be different for the obvious reason, but everyone here is connected to the modern world some how.

Privacy allows individuals to develop uniquely and creates new and interesting ways to push the world into even higher heights, so is a worthy cause.
sr. member
Activity: 966
Merit: 423
Bitcoindata.science
This is an old and tired argument. Fiat has for many years before Bitcoin been a medium for illegal transaction and money laundering and the most popular one at that. Scammers would go after anything of value, from gold to gift cards, this does not mean they fund illegal activities.
About the privacy argument; While Bitcoin is pseudo anonymous, it is very transparent and traceable, so it's possible to trace the trail of a transaction. More traceable than physical cash.

No debate is old as long as it hasn't  solved the issue on ground.  It  only becomes old when there is a  solution. I agree to the fact that  Scammers actually  go for anything  of value but with decentralization  it will  be easy pizzy entry because  every one is a costodian of their wallet.  The ease to tracing bitcoin  transaction  is double of what it  will take to track a centralized  transaction.  Privacy  is good but for a mutured society
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Not sure if you answer on whether privacy is both good and bad. As far as I read, you only say that Bitcoin makes people financial sovereigns of themselves.

but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it
What do you see? Judging by the fact that the majority hasn't yet understood what's self-custody and why you shouldn't leave coins on centralized exchanges I'm going to say a big no, they don't. And most will never do.

But, let cryptocurrencies off the table. The mass, which mirrors society, ignores completely that their privacy is demanded. The mass doesn't care. The mass wants to show everybody what they're eating, when and where they're eating it, if they've gone to a luxurious hotel, if they're at the beach, if they're dressed nicely, if they're looking for a relationship etc.

We've passed the part where they don't care about their privacy. People in current societies want to share the moments which were considered private in the past.
legendary
Activity: 2254
Merit: 2406
Playgram - The Telegram Casino
So far many wants to have bitcoin  ditch  out  fiat not for the intent of  having total control of their funds but for the sake of funding illegal activities  online without  any point of trace,  regulations,  monitoring  or prevention.
This is an old and tired argument. Fiat has for many years before Bitcoin been a medium for illegal transaction and money laundering and the most popular one at that. Scammers would go after anything of value, from gold to gift cards, this does not mean they fund illegal activities.
About the privacy argument; While Bitcoin is pseudo anonymous, it is very transparent and traceable, so it's possible to trace the trail of a transaction. More traceable than physical cash.

But with the insecurity  and economic  crisis hitting the world from all angle is it still safe to agitate for a complete  decentralized  society  ditching  the fiat for bitcoin.
The insecurity is an actual reason to want a decentralized network which gives the user control over their assets. This is accentuated by the poor fiscal policies being made by governments and banks, making banks very prone to inflation and devaluation.
legendary
Activity: 2632
Merit: 2924
🌀 Cosmic Casino
I only see both existing  together  with more preference on decentralization  but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it
Fiat won't disappear anytime soon, that's for sure. Regarding your concerns about the privacy, well, let's say that bitcoin really becomes mainstream, I can totally image several governments making new laws to link your ID to a specific bitcoin address, just like if it was a bank, and for example to buy something at the supermarket you have to show a proof that you're the real owner of that "certified" address. Of course people will continue to use also "non-registered" addresses, but I'm pretty sure the governments will find a way to have way more control over bitcoin transactions.
sr. member
Activity: 966
Merit: 423
Bitcoindata.science
Privacy is good and bad at the same time.  And what becomes of it is dependent  on who handles it and how the handle it.  So far many wants to have bitcoin  ditch  out  fiat not for the intent of  having total control of their funds but for the sake of funding illegal activities  online without  any point of trace,  regulations,  monitoring  or prevention.

I am not disputing  the fact many still have genuine  reason for going private which include bank frustration and restrictions,  withdrawal  limits and declaration  of assets and investment as claim for legal possession  of a certain  amount  of fiat in a local bank.

But with the insecurity  and economic  crisis hitting the world from all angle is it still safe to agitate for a complete  decentralized  society  ditching  the fiat for bitcoin.  I only see both existing  together  with more preference on decentralization  but my concern  is if man is matured enough to handle the innovation or are you also seeing the abuse  of privacy coming along with it
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