Topic: What does privacy mean to you? (Read 546 times)

When we say privacy, privacy can be of various forms either
Personal Privacy that is individual, Family Privacy and others ,and so it depends on the one which you want to operate on. As an individual am sure there is someone which you will want to confined in no matter the situation and who you are, some persons prefer a non family members than a family, which is very dangerous nowadays, because if the person is a family member it's still better because your asset still remains within the family and no matter how harden that  family member would be, the family bond will still speak within than an outsider.
Privacy does not necessarily mean that everything should be kept to yourself alone, what about documenting these informations and details on how you go about whatever documented information given.
Privacy means selected good person or persons that can be able to keep secrets and not talking too much or anytime you are being questioned you should know what to say and when not everyone.

People who value security need to seriously understand that it has to be protected by all means not everyone knows this, one of the things that are not supposed to be joked with is not more than private keys because that is like what controls the entire wallet and that is like the purpose of having a wallet for security purposes so if it's better, and people have not still gotten understanding about how important this seed phrase is and people don't want to take it seriously and no matter how close I know people that I can share my seed phrase with not everyone and the place you keep it matters a lot.

A lot of people have been robbed just because of how they have left there seed phrase openly for people to want to steal your funds and this is because of how some people just don't want to learn but if they eventually steal there funds they should learn and they will be an example for people to actually take this things seriously because I don't know why people still take this issue of security to be a joke untill they are the one that is affected. People prefer to learn the hard way.

“Just holding my coins anonymously” there is the answer that summarizes everything, self custody is the right way to giving your bitcoin and yourself some privacy but you need to make sure you’re putting other things in place as well.. how you connect you wallet to exchanges matter and it could reveal your identity but that’s if someone is really after getting your identity, you can reveal your identity online through address as well , exposing multiple addresses online could lead you to exposing a channel to your source addresses (main addresses
) unknowingly but once again these can only be done by someone who’s truly after getting your identity by all means as it isn’t a easy process to identify. Hence, just embracing self custody and other precautions is enough for your privacy.

Perhaps privacy in terms of bitcoin or crypto might be in alignment with your definition of privacy but in my own opinion, it's all about how well we keep or activities on the internet not necessarily our bitcoin or crypto activity as bitcoin is not as private as it use to be back in the days hence its in our disposer to define what exactly privacy should mean to us.

Some people for some reason prioritise their investments over relationships that are live long, so goes to the extent of saying that they do not trust their family members to an extent that not even one person would have a clue of what they are doing or what they have in asset, thus I disagree with this vision of privacy and employe us to keep family close to the extent of disclosing some vital things to them in case of unforeseen circumstances.

Those who are aware of the security and privacy of their Bitcoin or other digital assets. They do not want to share their private keys and seed phrases with others, because they are the key to their assets. But "if you do not trust your family or other members of your relationship, how will you give them information about your assets or investments?" Privacy is actually the process by which an individual or group protects their own information. Where they can choose which information to share and which to keep secret.
Through this, they need to establish a kind of control over how their personal life or information is revealed and how others can use it.

Privacy is a process in which a group or a person to protect themselves or information about themselves, and thereby express themselves selectively. Privacy in the second hand means the art of staying alone with any distractions.
It is also the process of keeping a raw data save from the reach of any individual or group of persons with personal password attached to it.

Well na only your spouse or your pikin na you for fit trust but even the wife sef coma dey because of what the society has turned into and infact the possibility of she understanding the concepts of what you have given her sef dey although you go put her through but Omo like you talk coma still dey bro because e go dey too bad sey person come discover say all him hard work don go because of say e try to think ahead when the time to leave the world reach.

Let me answer you in a short based on the threads title.
Privacy to me is a sequence by which I'm self custodial to my bitcoin with no third parties included to have access and no requirements as the KYCs my the exchanges to have me and my transactions on tracks.
Just holding and my coins anonymously with no form of reveals of my treasures as bitcoin

The problem for plenty people na who dem go share am with? Remember say if you give person your seed phrase or show am where you keep am, you gats trust that person like crazy, and no be everybody get that trusted person. I dey always talk am, e better say you hodl your funds to yourself oh, than to lose am when you still dey alive because you dey try pass am down to an heir; that one no go make sense oh.

In nature, privacy is something you keep concealed from others. Keeping your items private is critical since many people are only waiting for opportunities to hurt you and gain access to your finances. However, in the times of crypto, you must keep your private key hidden from everybody. so that know one will have access to it. But they must find someone in whom you have complete faith with, such as your wife, children, or mother. And you must disclose your secret with them so that if anything happens to you, they will have access to your wallet when you are no longer more. But if you think you won't tell your loves once about what you are doing, I think you are just investing on something that you won't benefit from it for long and your people won't still get any benefit.

Nobody knows what will happen the next day, therefore you should choose one or two individuals in your life who you can absolutely trust, because you can't says that anyone in your life is untrustworthy is impossible. Op, I believe those who stated that they had not shared their private key with anyone were referring to friends and relatives. But they will undoubtedly share with their wife or children so that they may benefit from it one day, because can said your wife will touch your wallet while you are living.

Anything we are doing we need to be thinking wisely, so that we won't regret it. People are very difficult to truest sometimes because you won't know what they are  planning against you, and they will be smiling and respectfully to you, but when you are in a difficult conditions that is when you will notice a good person that you can share your things with and he will definitely keep it secret. And now that the country is not going smoothly like before anymore, you will see different people in life there goals is to just get money in any way and they can cheat you and run away. so is good to keep many things secrets in life because is very difficult to have trusted person that will keep your things Private without cheating.

This topic na very interesting topic and we don discuss am plenty times over the years way I don dey the forum and everybody dey always get different opinions on the matter. Trust na very big thing, to earn trust especially when it involve money no easy. I go say if you fit trust person enough to marry her, share your bed with am every night, let her cook your food without supervision and have your children, you suppose don build a level of trust with that person to fit involve them for your business and finances. Na my $0.02 be this on the topic.

Before I share my opinion on this matter, let's look at the meaning of Privacy and Trust,with the help of a Cambridge dictionary.Privacy means someone's right to keep their personal matters and relationships secret while Trust means to believe that someone is good and honest and will not harm you, or that something is safe and reliable.
In the crypto space private keys and seed phrase are meant to be kept as a secret, people have different perspective in terms of not revealing their private keys and seed phrase to their loved ones.Most persons trust nobody but the funniest part of it is they don't trust themselves either.Keeping your asset credentials private doesn't stop you from telling your loved ones,most politicians have multiple investment and their wives and children aren't aware of them, don't you think that's more than a private life.Even if they aren't aware of all the investment at least one or two should be known by them.Life can be so unpredictable,no one would ever wish for the unavoidable to happen,so one can as well create awareness about Bitcoin to whoever he/she trust or if possible create a multi-sig wallets.

I'm not married yet but I have live to understand how how marriage work in this century. Today's as they called it Genzes, the way they do their relationship nowadays is transactional which means money is involved in any relationship that you know whether it's true love or fake love, there will be a transaction in that relationship otherwise it will not last. You need money to spice it up no matter how good you are in it and this is why one has to be careful of how yiu share investment in your relationship.

I personally will share my investment plans with my wife but I will not tell her the exact amount so I can see every character in her, she wouldn't fake it and she wouldn't want to spice it up because of the money. It's better that way so as each day goes by, I will see their true character and as for the children, I wouldn't tell them even if I have it in their name, I will like to see the man in them and when he time is right, I will share them my ideas of investment that I have on ground.

Privacy, to me, means the right to control one's personal information and to have autonomy over how that information is shared and used.

More so, It encompasses the idea that individuals should have and  the ability to make decisions about some sensitive  aspects of their lives and how it's shared with others.

However it's advisable to share some Private life like our assets and confidential information Incase if the person is no more, for continuity.

You've a point from what you've said so far, but I think everyone has their own way of defining it. Maybe we are not longer discussing about privacy or private keys again, but Trust and personal relationships with close ones, because taking a look at what you've written, it's more of seeing/picturing who to entrust things with. Let me actually speak from a general view. I think at some point, some Bitcoin hodlers will end up telling a trusted person (doesn't have to be a family member by the way), while others won't. I think it's just a common practice for everyone to keep their private keys to themselves especially at that very early stage, but after sometime, few might see the need to inform a Trust party about it.

I don't support the idea of keeping your assets private from everyone including your spouse's or loved ones. We can all agree that keeping your seed phrases and passwords private are important but just like you asked what if something happens? If no one else knows all these it means that your assets would just be wasted because nobody would have access to them. Sharing these informations with people are very risky but you must make sure that they are people you trust. Privacy is very important to everyone but for the sake of having a back up plan share it with someone you can trust.

I understand say you dey talk as e suppose be concerning keeping our coins away from third party, yes. But at the same time we also need to consider looking the other side incase something go wrong like, in the case of death or person lose him memory and off course can't recognise things of the past. I don watch movies like that where person get accident and dey find am difficult to recognise people around am even their lovers. Na so the case fit also be when we just isolate our privacy regards to seed phrase or password from everyone.

We suppose look beyond sometimes and let people wey we fit trust know about the phrases or password to our wallets. Off course to trust no easy and couples too fit no dey live fine, so e go dey difficult in such instance. Worse worse, we fit get book where we dey write certain things like those password or email password down so that at all at all, person fit stumble on dem when we no dey again.

Death no dey give sign as things like this don happen plenty times with bank accounts. Some husband get plenty money for bank without the wife or children knowing about am and once death come everything don go except na grace of God wey dem fit take trace dem. Or person fit write will down and include those password.

when I see comments like this from people it becomes so weird to me because I'm from a different background of training hence we do of have different perspectives of humans. having the mindset that someone who you trust is going to wish you death in other to acquire your assets is something I wouldn't expect to happen though we are in a cruel world where everything is now possible but at least the ones we call love ones are not supposed to be in this category of people.

I like the fact that your still have the convection that it's worth sharing in case you're under any circumstances that may not be able to upscale you one more time.

I agree with you 100 per cent and I think such mindset should be abolished, even though we love privacy, secrecy shouldn't be used in place of privacy. when you are supposed to do things with family knowledge you keep them to yourself and one day you're found no more and your whole assets is not inherited nor used for any tangible reason rather it has turned into a contribution to the network which you in your condition will have no awareness whatsoever it's used to do in the network.

And that's what brought me to still remind the community because we live in a part of the world where things can happen at anytime, life expectancy doesn't really work here that much so it's best we keep our love once close and give me knowledges that can keep them even you're not there.

We have lots of them, even hefty bank account owners who their intimate family has little or no knowledge of the funds in those banks, leaving everything at the mercy of their lawyers. When their lawyers are dishonest, they can collide with bank managers to swindle the funds since the family is not even aware such funds are owned by their family member. It is totally wrong.

Some people who have good quantity of bitcoin have died without anybody being able to recover their wallets or even know that they have such digital wealth, such are lost forever and it is quite a very big error. Satoshi calls it a contribution to the network, but it a terrible loss to the family concerned which could've been enriched and assisted with those funds upon the investor's demise.

At least a trusted family member should be in the know of your investments both in fiat, assets and crypto, you can do well to place it beyond their reach while you are alive, but it should be within their reach when you are gone so you don't labour in vain.

Some people really have trust issues, no matter how close you are they will never tell someone anything that will lead them to touch their assets. Some individual might even tell you that you should wait for the day wey something bad will happen to them or the day they will be no more. Op, you asked better question because what if someone is no more and he or she do not trust anyone with their privacy key, does that mean all the assets is gone? That kind thought they always come my mind as well, because e go dey very hard for people to get access to the assets when they are no more there.

I don't know how some people take they take the private life that serious, because there must be someone we sincerely have to trust, regardless of how trust issues you may have had. It feels good that I don't have any troublesome siblings who make it necessary for me to keep everything about myself hidden from them. I don't see the point in hiding anything from my brothers because I have no idea waiting tomorrow may brings.