Topic: WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY. - page 4. (Read 789 times)
Nowadays, protecting our privacy is becoming harder. Centralised organisations think those who want to protect privacy are involved in illegal business. It's regrettable that even centralised exchanges are not accepting funds from those who mixed their coins in various ways. Someone informed me a few days ago that Binance asked him to show them where the transaction came from. That fund actually came from a mixer, and Binance flagged it. I am just curious why centralised exchanges even need to bother with where funds came from if there are no hacking stories related to them. Cryptocurrency is becoming centralised day by day, making it hard to protect our privacy.
Why do people think that coordinators, mixers, coinjoin software, etc. have something to hide?
Would you sow anyone your bank account transactions just because they want to see? Is it any of their business?
People are not taking their blockchain privacy seriously enough. It wasn't too long ago that FTX users' financials were exposed in a hack!
(And follow me on X/Twitter
)
There are still many people who don't want to know the importance of maintaining privacy in everyday life. There are people who prefer to show off what they have, even by posting things that are not recommended to be posted on their social media, just because they feel proud of their assets or achievements. There are also people who are very curious about other people's privacy, who ask repeatedly and ask for explicit and clear evidence about something that should be kept secret. And in this case, whether these people understand what they are commenting on or not. It seems that this really does not comply with the principle of the importance of maintaining privacy. And that's what some parties really like regarding privacy, which really doesn't need to be shared. Would you sow anyone your bank account transactions just because they want to see? Is it any of their business?
People are not taking their blockchain privacy seriously enough. It wasn't too long ago that FTX users' financials were exposed in a hack!
(And follow me on X/Twitter
)The government has the authority to look into anyone's financial rights that doesn't mean we have to be completely open and let everyone know what we are doing that is the difference between privacy and anonymity. Due to the evolution of social media these people also become numb to spill out their sensitive information just to see everyone hust for the sake of publicity called likes.
Not long ago the concept of banking secrecy still existed, so if a government wanted to check your financial records at a bank they will need to have some sort of probable cause and a legal order for a bank to agree to this, and if not then they could reject the request, and I think most people would agree that such model was fine as it was a nice compromise between privacy and law enforcement, but it seems we are moving away from that model and governments want to ask whatever they want and banks have to agree with it, it is why this market is now being subjected to such attacks as governments these days seem to hate any level of privacy. 
This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
if you do want to preserve your privacy, better not use these social media platforms or not share any of vital personal transactions. in most cases, it is the user himself subjecting himself to potential threats of scamming and the likes.
and they will only be cautious once they have been a victim of online fraud.
It's just that I still feel it's about how we behave because after all, things like this are the attitudes and traits we have. If in the end we like to make ourselves seem glamorous or show the assets we have even though they don't play social media, there must be another situation that makes them show off that they are part of a bitcoin investor with a large portfolio.
I have encountered quite a few people I know like this where they don't even hesitate to show themselves and the portfolios they have just to attract someone's interest to look at them.
Privacy seems to be non achievable day by day due to a lot of factors but an average Joe who lives paycheck to paycheck doesn't take it seriously because even if someone finds their identity they have nothing to lose from there.
Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.
Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.
We can blame governments for this. They've spread false propaganda, making the public believe privacy is a very bad thing. When you hide your financial activity, it could bring suspicion. That's why most people don't care about privacy, often claiming they "have nothing to hide". A pity, because this will lead crypto towards more centralization in the long run.
Governments will not only be able to see your entire financial history, but also be able to determine which transactions go through and which get frozen due to suspicious acitvity (via centralized exchanges). If we had privacy, this would've been almost impossible to achieve. It seems to me that crypto/Blockchain tech is heading into a dark future. You can see what I mean with the recent crackdown of centralized mixers. Who knows if privacy ends up being abolished by mainstream governments in the long run?
Privacy seems to be non achievable day by day due to a lot of factors but an average Joe who lives paycheck to paycheck doesn't take it seriously because even if someone finds their identity they have nothing to lose from there.
Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.
Also, Ignorance and Influence lead to a myth that if someone is trying to hide something means it's related to illicit/unlawful activities among the people.
We can blame governments for this. They've spread false propaganda, making the public believe privacy is a very bad thing. When you hide your financial activity, it could bring suspicion. That's why most people don't care about privacy, often claiming they "have nothing to hide". A pity, because this will lead crypto towards more centralization in the long run.
Governments will not only be able to see your entire financial history, but also be able to determine which transactions go through and which get frozen due to suspicious acitvity (via centralized exchanges). If we had privacy, this would've been almost impossible to achieve. It seems to me that crypto/Blockchain tech is heading into a dark future. You can see what I mean with the recent crackdown of centralized mixers. Who knows if privacy ends up being abolished by mainstream governments in the long run?
This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
if you do want to preserve your privacy, better not use these social media platforms or not share any of vital personal transactions. in most cases, it is the user himself subjecting himself to potential threats of scamming and the likes.
and they will only be cautious once they have been a victim of online fraud.
People have a platonic "love" with security and then they get confused in that idea with their privacy, they are very different concepts that the banks have been in charge of "mixing" (without commercial allusion), then after years of a wrong idea in When it comes to privacy, they tend to feel it is normal that banks maintain a link between their banking information and governments, sometimes not directly, but in some way indiscreet, since the privacy of your finances is lost in the process, when just you open your bank account, but the bank sells you a feeling of security.
So, even though the crypto environment is "infected" by these old financial tools/troubles, there are options that users should know about, thoughts the gap continues to close..
So, even though the crypto environment is "infected" by these old financial tools/troubles, there are options that users should know about, thoughts the gap continues to close..
This is quite interesting but more and more we are actually losing our own privacy and anonymity that we always discussed just because of some factors such as wanting to be proof and prestige or maybe a trend to show that we are an investor or bitcoin holder.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
I think there are some things that are bound to happen, especially when we play social media and want to boast about the achievements we want to do for self-satisfaction where it is not uncommon that we show off assets or maybe discussions related to our identity as one of the holders of bitcoin which makes the discussion about anonymity or privacy actually a nonsense because it is we ourselves who expose it clearly.
with miners censoring transactions is like a centralized platform and they chose to do it because someone is using Coinjoin. seemingly this is where we are going already especially because mining companies are now owned by big institutions.
all because a user is using Coinjoin, they already concluded the transaction to be a crime. there have to be miners out there who can pick transactions from Coinjoin.
all because a user is using Coinjoin, they already concluded the transaction to be a crime. there have to be miners out there who can pick transactions from Coinjoin.
Well, I don't know the reason why they are not taking it seriously but here's my thought or you can say my guess or maybe others will call it opinion that they will take it seriously when something bad will happen. I have seen cases like that in real life when they are not taking something seriously after something bad had happened. It may be because of censorship that they want to know even though privacy means something and it also doesn't mean that they are hiding something but I guess some people do hide something that shouldn't be hidden.
Well, luke jr is already compromised, so there is that. He should not remain a part of development team, I said this before, we are seeing the signs of collapse. this is just a start though, we don't even know what happened with Luke, and the rest of them, well they I don't care much.
when re-branding eligius to ocean(mummolin). they filed with the SEC. and SEC regulations now apply to that service
https://disclosurequest.com/form/mummolin-inc./0002002263-23-000001
before this year
eligius was not registered with the SEC it was just a business name registered with just state business registry. where only state business policy applied
but now they are operating as a financial business(financial security(asset) offering/facilitator) so the rules they need to follow has changed
Well, luke jr is already compromised, so there is that. He should not remain a part of development team, I said this before, we are seeing the signs of collapse. this is just a start though, we don't even know what happened with Luke, and the rest of them, well they I don't care much.
I think that you may be confusing privacy for anonymity. Bitcoin is as private as you want it to be. But Bitcoin is meant to be a public ledger. An anonymization service like a mixer never was meant to be part of Bitcoin, and Bitcoin transactions were never meant to be anonymous. So it makes absolutely no difference other than to those who enjoyed a Bitcoin-based service that is no longer possible.
Anyone who wants to keep their anonymity has many options to do so.... TOR, VPN, Monero...
Anyone who wants to keep their anonymity has many options to do so.... TOR, VPN, Monero...
an average Joe who lives paycheck to paycheck doesn't take it seriously because even if someone finds their identity they have nothing to lose from there.
This one is I think the most plausible reason, people who doesn't have anything to lose wouldn't even care if their identity or bank account were exposed, that's the least they need to worry. And I think we all can agree that most of the population is an average Joe who has more think to be worried about than just their privacy. I am telling the truth when I say that I know some people who even sell their ID to get our one week salary, and some people verifying exchange account with their ID to just get small bonus. What I meant to say is that They aren't taking their privacy seriously, because there are more serious problem than just their privacy
Your privacy is yours to keep. If you can't keep it safe, others will always take advantage of it. Once you are under the radar, it is hard to get out because the internet is a vast place. Every single step you take here will always get recorded in some place and if that is compromised, your privacy should be compromised too.
We just ignore the fact that privacy is something when we are browsing the internet. Yeah, most of the time you don't face the consequences instantly. But trust me, when the time comes it will haunt you for the rest of your life. If those platform has something to hide, maybe they have some reason behind it. Maybe it's for their own safety. If not, they won't hide it in the first place. When it to understand it from their point of view too.
We just ignore the fact that privacy is something when we are browsing the internet. Yeah, most of the time you don't face the consequences instantly. But trust me, when the time comes it will haunt you for the rest of your life. If those platform has something to hide, maybe they have some reason behind it. Maybe it's for their own safety. If not, they won't hide it in the first place. When it to understand it from their point of view too.
Certainly, I understand the importance of addressing privacy concerns in the crypto community. It's crucial for individuals to realize that financial privacy is a fundamental right. Just as you wouldn't share your bank account transactions indiscriminately, it's wise to prioritize the confidentiality of your blockchain activities. Recent incidents, like the FTX hack, highlight the need for heightened privacy measures. Stay informed, use reliable privacy tools, and make conscious choices to protect your financial data.
I just have to agree it’s quite worrying when people actual ask this questions of what someone has to hide. To me privacy is more of a security measure to protect one from potential attacks. look at bitcoin it’s transactions are public but yet the advice to use different addresses every-time for new transactions is always given, not because you’re are criminal but with proper anonymity hackers won’t trace you, kidnappers won’t come for you. We have read tweets of people getting kidnapped or either their family just because the flaunt there wealth on social media. An anonymous person doesn’t face this challenges and asking them not to take this measures his like asking them to expose themselves to this threats.
This is understandable, but it does not explain why some people go out of their way to advocate to people not to use any sort of privacy technology for your coins. You can even see this with ad-blockers, which is completely different from crypto: The FBI posted a recommendation for people to use one to avoid malware, then Youtube blocks you from watching videos until you turn it off.
i wouldnt say people are advocating for people to not use any sort of privacy tools... just the ones that can get users in more trouble for using stupid obvious ones
decades ago i knew satoshi dice was just a mixer for silkroad users. everyone knew it but no one talked about it in those words so publicly. no one had issues with the "mixing" but only the dust spam it generated
but now regulators are specifically targeting services termed "mixers" we have idiots promoting "mixers" and even have userguides into how the funds are split into known quantity amounts and how they function making it easy for any analyst to then make patter recognition tools to then tag mixer users.. thus playing into regulators eye-line
people need to get smarter
Notice what a typical post Bob has in the picture with the correspondence in the tweet. According to him, everyone who hides or tries to hide their transactions are criminals and do it only for criminal purposes. It never occurs to him that some people value their privacy and confidentiality. Of course, there is nothing criminal or criminal in this (in a desire to maintain privacy), although all sorts of Bobs are trying to convince us of the opposite with their cheap rhetoric.
I like Ali’s answer in their conversation and I think that with his post he put an end to that discussion. Sorry, Bob, but shouldn't you go in that very famous direction with your phrase "What do you have to hide". The point is not that people have or need to hide something, but that everyone has the right to privacy by default. If Bob wants to publish information about his bank accounts and transactions, then let him do it, but there is no need to force it on everyone else, as if this is how it should be and this is normal.
I like Ali’s answer in their conversation and I think that with his post he put an end to that discussion. Sorry, Bob, but shouldn't you go in that very famous direction with your phrase "What do you have to hide". The point is not that people have or need to hide something, but that everyone has the right to privacy by default. If Bob wants to publish information about his bank accounts and transactions, then let him do it, but there is no need to force it on everyone else, as if this is how it should be and this is normal.
What do you say? As of today, only El Salvador and the Central African Republic have bitcoin as legal tender. In the rest of the countries it has been regulated as a financial asset.I don't see how you can conclude anything about privacy from that, which is false.
Actually only El Salvador has Bitcoin declared as legal tender, CAR supposedly had it for a while and then they gave up on it, because who the hell cares about BTC when 90% of people in that country don't have access to the internet.
As for privacy when it comes to Bitcoin, I believe that most people are not even aware that there are services like mixer, and besides, I don't think most people really need it, because they invest in BTC exclusively for profit and have nothing to hide. Also, some still think that Bitcoin is actually a private online payment method and we can see that by the fact that many so-called hackers sooner or later end up behind bars.
Privacy is almost impossible to achieve these days anyway, especially in the online world - from the devices we use to the pages we visit and the software we use, everyone is spying on us in some way. Those with powerful surveillance tools can very likely find out anything they want about any individual anywhere in the world.
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