Topic: WHY PEOPLE ARE NOT TAKING THEIR PRIVACY SERIOUSLY. - page 5. (Read 873 times)

People want transparency however, they completely forget that someone's Private Transactions that are related to Money shouldn't be public. Bitcoin works well in this case, you can have as many public addresses as you want to keep your Digital Identity private however if you look at other services like Ethereum name Service (ENS), people are buying domain names for their addresses which was meant to hide their original identity. Isn't that funny? Paying money to make their profiles public and easy to identify.

Because they want Bitcoin transactions to be public and that's the main reason they are going against the mixers and all those services which are present to add privacy element into the transactions. We all know that it's impossible for anyone to control Bitcoin as the network as grown to huge levels and if the privacy remains the way it is then there won't be any taxes on the investors who have a lot of Bitcoin holdings I guess. There are other reasons which I don't know but I think tax is one of the those reasons and because of that they don't want the users to use tools that would make it difficult for them to see what a user owns.

The YouTube is blocking users who are having ad-blockers because it wants to have as much revenue as possible from the advertisements and now they have started their subscription model and with that model they want users to pay them on monthly basis in order to have ad-free experience. It's all about money and same is the case with Twitter now X. I believe Elon Musk has shown them the way when he introduced fee of $1 on Twitter accounts.

I wouldn't show by bank account history because it's linked directly to my name and I don't want people investigating where I shop, how much and when I spend, etc. But I'm okay with Bitcoin transactions being public because, while people can see the movement of funds, they don't know whose funds are moving and it would be quite hard to investigate every transaction to see where it went.
We live in a world of little privacy, considering how the big companies that own social media platforms operate, the abundance of cameras, as well as various surveillance scandals. It's not great, but it becomes normal and acceptable for most people, to a point where privacy isn't that important.

Because they believed they are the only moet assured means whereby scammers uses them a s a rescue to their financial theft committed, just as thesame way the government are now fighting against these mixers because of same reasons


It's non of their business, just as I cant have access to anyone else financial income or account, they shouldn't have access to mine, this is all about trust, security and privacy which the government refuse to render on every one of use but we got to have them through digital decentralization in bitcoin network, only for the dake of little ones who don't know how they can have this same privacy with blockchain.


Maybe we could say here that experience is the perfect teacher, those that have once been a victim would always wanted to avoid centralized exchanges.

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.

Having a censorship means it's no longer decentralized, if Bitcoin get censored due to their own rule, they're threat to Bitcoin's decentralization.

The funny thing is Jack and Luke Dash Jr who're known Bitcoin developers are censoring Bitcoin transactions, so it's a big problem.

Not a mixer, but one of known wallet that has a privacy tool was start to censor certain Coinjoin transaction, maybe you're looking for this one.

This is going no where as they as miners have their choice. You cannot project them as culprits as they are the ones who are not mining Ordinals. If they are doing something that we don't agree doesn't mean that we should put a negative mouth with what they are trying to achieve.

After two mixers taken down it is clear that mixers are unable to filter out bad money when they are processing transactions. North Korea is not a country it is a land owned by a dictator which is slowly now facing issues with its population. To fund itself they are stealing money globally and using mixers to make it untraceable.

As per my understanding this is how you make use of privacy to the benefit of a dictator. It is an alarming issue and I don't think a topic should have been created to make privacy a top notch priority.

Ugh ... "What do you have to hide"...someone needs to ask this guy, why do we all wear clothes! Is it because we have something to hide? No, it is our choice and right to keep our bodies private and to feel comfortable! Yes, some can argue that no clothes is the natural way but that's a minority opinion based on irrelevant beliefs in the modern age.

Investigating someone's receiving and spending is as bad as asking them to take their clothes of and check their genitals for cleanliness. It's disgusting, but both have the same thing in common - it's invasion of privacy.

I don't know where you got this theory from, but this is not why Theymos is banning mixers on the forum, he is doing that to protect the forum from LE. The government is attacking BTC privacy solutions because they want to deanonymize most BTC users and attack BTC fungibility with bullshit about tainted and clean coins. Theymos does not want the forum to run into trouble with the authorities, that is the reason for the ban on mixers, and not what you are saying here.
The BTC blockchain is transparent because it is a public ledger, it does not give you anonymity, you use privacy solutions to achieve anonymity and better privacy.

Probably because they do, it's services literally designed to cover your trail and obscure data. " For privacy"
If these services where used for fiat it would probably get chalked up to money laundering or racketeering.
After the last few days I'm pretty sure mixers are mainly used for bitcointalk users to hide funds of their purchased alt accounts  signature campaign earnings before they hit main wallets.
This is probably the real reason for the ban of mixer stuff here. JK but it's a noteworthy explanation but the truth is calling for multi layer anonymity when layer 1 does the job is considered excessive and suspicious. It's the equivalent of melting down gold for resell in a stolen market. You can't shake the outside looking in on 1st thoughts. You got blood diamonds.You got blood Bitcoin too.

To think of it, no government actually wants complete anonymity for their citizens, mostly when it regards outside communication or business deals. No one wants a repeat of the 911 bombings that no one saw serious, until it was seriousness they had to be.
The terror scare is even why I feel governments try as much as possible to regulate the decentralized network and centralized network too. Besides money laundering claims too, I think that some people are too engrossed in a day to day job that involves physical cash, than even bother to secure  or upgrade the privacy of their Crypto investment.

With more persons showing interest on the subject after observing if the idea of cryptocurrencies would survive this long,  they only have to have had a personal experience that involved their wallets being hacked, being ripped off from P2p transactions, to clearly consider giving more attention to the privacy of all financial holdings, both on decentralized network, centralized network 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.

People are naively enough to think they don't have anything to hide. Especially newbies who can easily be scammed or give up any personal information around the Internet. They don't know that if they post anything on Internet, it is there forever and if it is thing related to privacy, it means their privacy lost forever.

Many senior people even don't mind about privacy but whenever they realize awful mistakes they did in the past, it's too late to gain their privacy back. Because they can not simply summon all posts, documents back. They only can hope that nobody will dig into their past documents and try to make exploitation from what they found.

If statement by Samourai Wallet is true, then it's irony knowing statement on their website.


In addition, why having something to hide is perceived negatively?


I believe some people think they take privacy seriously. But IMO the real problem is they don't know privacy risks of using 3rd party or don't realize what information could be gained if someone were to collect all of information they made publicly.

if you are driving alone but want to use a "car pool" lane. dont waste money on window tints because the vehicle checking cameras that count passengers in car pool lane will flag you. and send a message to transport police up the road to pull you over and ask you questions..

instead learn the rules of the road and stay in the appropriate lane to not highlight yourself. then you wont get pulled over

i laugh when i see reels and shorts of people driving with window tints and arguing about why they get pulled over so much.

learn what the investigators are on the look-out for and do the opposite to not get looked at

trying to think the solution is to get every car to black out their windows in the hope investigators give up, wont work. the best option is to just become unnoticeable by looking like everyone else in public. dont stand out by using sophisticated crap. because in most cases these sophisticated crap is just a money earner for those promoting the sophisticated crap advertised as privacy, but ends up getting you on a watch list

take the bip47
it pretends to be privacy. but ends up being watched and noticed more regularly than a standard legacy transaction
take mixers
it pretends to be privacy. but ends up being watched and noticed more regularly than a standard legacy transaction

Most of people are in middle zone.

If we use a scale from 0 to 100 in privacy level, they're in 40-60, it's not necessary they're in 0 where they will express everything they have to everyone else.

So if I ask them, do you have any investment? they will answer yes. But when I ask how much money you have invested? most of them will refuse to answer it.

The Average Joe only protect their identity against friend, acquaintance, and stranger. But they're being transparent when it comes to government, organization, company and family, that's why most people are hold their coins in centralized exchanges.

People have the freedom to share what they want, but they have to choose what they share just for their privacy and for their safety. The thing is if you really want to be safe, you would literally take steps and action to avoid this kind of incident for example from what you said, sharing their food, what they eat, and with whom, you can share it in the social media after days or a week to avoid people to follow you.

The thing is people nowadays can't live without validation from the public in social media since everything now runs on the internet so people love the attention they can get online even selling the private parts of their bodies. The thing is people now are used to sharing things online so even their Bitcoin transactions which they think are okay to share, of course not, that is one of the reasons why you can use Bitcoin anonymously to avoid being tracked. But from OP's post, it seems they are milking the issue if it's getting the target views or retweets.

your privacy is very important and some people mistake being conscious of ones privacy to being unnecessarily secretive. The same way you take care of the funds in your normal banks and will never even allow a third party access to it or even their tell them how much you have in your account, it's what's expected of you as regarding your privacy in the bitcoin space.

Their is a popular statement in my locality that you can't destroy what you don't have a knowledge about and this is very much applicable in this sense, you can't even think of hacking and sourcing after my private key if you don't even know that I'm a bitcoin holder, I becomes a serious carelessness on my part if I now allow you to know how much of bit on I am accumulating.

Take your privacy seriously, if anything goes wrong, the highest people will do is to tell you "sorry" and that doesn't undo what has already been done.

bitcoin by default is a open public ledger
...
a better analogy would be car number/licence plates
they are all in public, people can see cars driving around displaying a number plate.
you rent a new rental car each week..
the number plate does not reveal the drivers name. but if people are not careful other people can find ways to link a drivers name to a number plate via how they obtained the car

so when you drive down the road pretending you are completely anonymous because your are is not displaying your name on the cars bumper. you then become ignorant and lazy about the ability for someone to just wait for you to park your car and ask you questions, or find which service the car came from
people need to put effort into their privacy and not believe the whole anonymity by default pipe dream sold to them

yes bitcoin does not request your ID. but your information can be found via other means.

EG
did you know people trying to remain private in their car using blacked out windows are more likely to be stopped by the police and questioned as to why they have window tint..
sometimes trying to make yourself more private is what gets you noticed more

be smarter then that

legal tender and defined as currency mean two things.
you also cant use a small countries example to attempt to debunk the US/EU regulations

first of all legal tender means that the country allows people to purchase goods and services in shops and pay taxes and debts with governments

this is completely different to defining crypto as a currency instead of private property
for instance if it was private property. then buying crypto would be the same as buying pokemon cards. a merchant service
by being a currency a service selling crypto is a money service business

..
moving along from the US-EU defining bitcoin as currency a decade ago so that they can then regulate businesses using crypto.. more recently is the ping pong game of which regulator.. by sub defining cryptos as either an asset currency(SEC) or a commodity(CFTC)

you really need to learn these things to then learn which regulators are getting involved in which types of businesses/services to then learn what stipulations policies are set up to then learn how to counter such policies

emphasis again
legal tender is not the same situation as currency

EG

all fiats are currencies.. euro, dollar but..
in the US the dollar is legal tender but euro is not
in the EU the euro is legal tender but euro is not

EU recognise dollar as currency so EU currency laws apply to dollar. but EU legal tender laws do not apply to dollar
US recognise euro as currency so US currency laws apply to euro. but US legal tender laws do not apply to euro

private property is different then currency
currency is different than legal tender

get it yet