Topic: The blockchain breaks the privacy laws (?) (Read 4800 times)
If you are wooried about GDPR or similar legislations I think blockchain can be extremely helpful. Personal data (pII) cannot be stored on the chain because general data protection clearly calls for data erasure. Former CRUD (create, read, update, delete) operations must turn to CRAB(create, retrieve, append, burn). In order to be privacy law compliant consent must be stored off chain and interact w blockchain via oracles. I personally think current GDPR rules are very heavy handed it only makes google and facebook even bigger monopolies.
what do you mean ?
simplythe blockchain holds no personal data about you (the human being), and anyone that links the blockchain data to a human being is to blame for any privacy laws you wish to impose. not the blockchain itself
what do you mean ?
blockchain does not reveal your birthname, homeaddress or anything else. thus privacy is not violated.
secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
Trying to play devils advocate......what if you were to trade with someone privately your identity would be linked to that transaction and both the change address and the sending address. Couldn't the person you traded with leak this information? secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
couldnt you do a credit card transaction and the merchant(other party) then release your personal details and your credit card number. should you blame the credit card company that has not publicly released personal data, or the merchant(other party).
the answer is that you would say the person you transacted with is in breach of privacy, not the credit card company
unless the credit card company or the blockchain themselves hold and release a persons name, address of a person. its not a breach of privacy.
everyone knows the blockchain its a public ledger, just like its expected that you cannot blame a bank over privacy if you choose to use the ATM balance/mini-statement, and then leave it on a public street. it contains no name/home address. if you or another party links a bank balance or transaction list to your name. then that party that has linked your name is to blame.
blockchain does not reveal your birthname, homeaddress or anything else. thus privacy is not violated.
secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
Trying to play devils advocate......what if you were to trade with someone privately your identity would be linked to that transaction and both the change address and the sending address. Couldn't the person you traded with leak this information? secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
blockchain does not reveal your birthname, homeaddress or anything else. thus privacy is not violated.
secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
secondly, by linking a bitcoin address to your forum username is not breach either, as your forum username is not your real life birth certified name
thirdly if you doxx yourself by revealing your details which can then be linked to the forum name and or the blockchain.. transactions. then this is your fault
I think that it's illegal and it's not fair that somebody has the right
to record the transactions, but it's also true that the sender and
buyer would know in advance that the blockchain is public information.
This is how bitcoin operates. One of it's selling points is that everything is transparent to everyone else. The fact that every transaction is recorded on the blockchain is how any and everyones "balance" is known and can be verified. to record the transactions, but it's also true that the sender and
buyer would know in advance that the blockchain is public information.
I think that it's illegal and it's not fair that somebody has the right
to record the transactions, but it's also true that the sender and
buyer would know in advance that the blockchain is public information.
to record the transactions, but it's also true that the sender and
buyer would know in advance that the blockchain is public information.
I believe that the blockchain breaks the privacy laws. Do you agree?
What is your reason for making this opinion? i haven't problems with Blockchain , so i dissagree I think as long as the "average" user of bitcoin does not do things that are illegal nor reckless then there is little chance that his identity will be revealed as few people would have the interest to do so. Even though all of his transactions are public, there would be very few people that would want to dox one random person out of millions of people.
With blockchain analytics companies being set up, I am not sure for how long this will remain true.
If a hypothetical John Smith were to use coinbase to puchase bitcoin, send the bitcoin through a mixer for privacy and then purchased some household goods on overstock.com then it may be in theory to link his original coinbase purchase with his coinbase purchase, but since he not not broken any laws and the amount in question is very small, anyone who tries to link his identity to his used addresses would not gain anything from being successful.
It would be easy for criminals to target people with large bitcoin holdings.
Currently, I doubt if it would be possible to get this kind of information from banks.
I think as long as the "average" user of bitcoin does not do things that are illegal nor reckless then there is little chance that his identity will be revealed as few people would have the interest to do so. Even though all of his transactions are public, there would be very few people that would want to dox one random person out of millions of people.
With blockchain analytics companies being set up, I am not sure for how long this will remain true.
If a hypothetical John Smith were to use coinbase to puchase bitcoin, send the bitcoin through a mixer for privacy and then purchased some household goods on overstock.com then it may be in theory to link his original coinbase purchase with his coinbase purchase, but since he not not broken any laws and the amount in question is very small, anyone who tries to link his identity to his used addresses would not gain anything from being successful.
It would be easy for criminals to target people with large bitcoin holdings.
Currently, I doubt if it would be possible to get this kind of information from banks.
I think as long as the "average" user of bitcoin does not do things that are illegal nor reckless then there is little chance that his identity will be revealed as few people would have the interest to do so. Even though all of his transactions are public, there would be very few people that would want to dox one random person out of millions of people.
With blockchain analytics companies being set up, I am not sure for how long this will remain true.
If a hypothetical John Smith were to use coinbase to puchase bitcoin, send the bitcoin through a mixer for privacy and then purchased some household goods on overstock.com then it may be in theory to link his original coinbase purchase with his coinbase purchase, but since he not not broken any laws and the amount in question is very small, anyone who tries to link his identity to his used addresses would not gain anything from being successful.
I think as long as the "average" user of bitcoin does not do things that are illegal nor reckless then there is little chance that his identity will be revealed as few people would have the interest to do so. Even though all of his transactions are public, there would be very few people that would want to dox one random person out of millions of people.
With blockchain analytics companies being set up, I am not sure for how long this will remain true.
if you receive only, you aren't breaking any privacy, also you can do it with a smartphone i guess, so even if the localization of your transaction is displayed, you can just move away
A transaction is something personal. You can't publish it. We are not living in a police state.
I believe that the blockchain breaks the privacy laws. Do you agree?
If bitcointalk.org does not violate privacy laws by publishing your comments, the blockchain does not violate privacy laws by publishing your transaction.
Thanks! If you are really looking for privacy, there are so many other options for you to explore.
True. There are efforts one has to take to ensure that one's online identity is not revealed.
This is one of the first things that we learn while reading about bitcoin.
I don't agree, you need to explain your point way more and with actual details and even facts. Also anybody can choose if they want to use Bitcoin nobody is forcing them against their will to use it.
With paper, silver or gold money you can make a transaction and nobody will knows it. With digital money you can't do that. The digital money is like to live in a police state.
I believe that the blockchain breaks the privacy laws. Do you agree?
If bitcointalk.org does not violate privacy laws by publishing your comments, the blockchain does not violate privacy laws by publishing your transaction.
Thanks! If you are really looking for privacy, there are so many other options for you to explore.
True. There are efforts one has to take to ensure that one's online identity is not revealed.
This is one of the first things that we learn while reading about bitcoin.
I believe that nobody has the right to record the transactions of the people. It is illegal.
I believe you are right. You should sue bitcoin.
Also don't forget to sue the internet. It records not only transactions but practically everything you do online. What you see, what you hear, with whom you talk...
I agree. The whole internet is illegal. People must sue the engineers of the internet.
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