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Topic: Would you add your physical location to your payment address? (Read 818 times)

newbie
Activity: 13
Merit: 0
i think the bad time of market right now. so i don't do anything with this
member
Activity: 406
Merit: 10
Many people loves cryptocurrency because of it's anonymity and wouldn't agree to the idea of adding physical address to their Bitcoin address but if you're a business owner then adding your business address is a good move for you
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
I never do anything bad, and in my country there is no problem to hold bitcoin so i will say yes for it. If that can help bitcoin to mass adopted, i think people will gladly to do it too because it can give benefit for them.
hero member
Activity: 798
Merit: 503
Of course a lot of people would argue that simply doing that would mean letting go of the anonymity that is attached to bitcoin or crypto currency use but lite did they know that every transaction that goes through most exchange sites is location attached whether specifically stated or not. The reason is because the KYC rules which majority if exchange sites who didn't think about it one year ago have now made it a compulsory endeavor.
hero member
Activity: 826
Merit: 500
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

without showing physical location, the government already knows that we have or use bitcoin, it is strongly proven that they have data about bitcoin users in the world
this can be used as a benchmark for the government in following up on matters relating to bitcoin in the community in general
newbie
Activity: 40
Merit: 0
It seems to me that with the introduction of this feature, privacy takes a back seat. I mean there is no sense in allowing to determine your location when the anonymity is one of the main advantages of crypto trading. The authorities keep on pushing the crypto world to that, introducing these waves of sanctions and all stuff like that to pull the plug and take cryptos under control
legendary
Activity: 2912
Merit: 1068
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I don't think so. I come from Europe and in Europe we care about privacy very much and personaly I don't like to disclose my personal data when that isn't necessary or important condition for some services.
Adding your location could be misused and could have some implications like becoming a target for different illegal activities.
I realy don't think this is necessary and I also think that on that way I could lose more than I could get, so no, I wouldn't do that.
copper member
Activity: 2044
Merit: 793
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

Of course I would not mind adding a location to a bitcoin address if it is a business bitcoin address then adding a location isn't such a bad idea and could prove that your business is genuine. However, it will not be advisable if it is a personal address for safety and security reasons.
jr. member
Activity: 644
Merit: 1
No, I wouldn't want to. Firstly, it is very unsafe. You become an excellent target for robbers. This is the same as writing your address to Facebook or Instagram, and then indicate the location that you are now on the beach in a hot country. "Guests" will not be long in coming.
legendary
Activity: 2282
Merit: 1268
No.

We dont need bitcoin to be legal and we want to remain anonymous!
As a payment system bitcoin works just fine without identities.
jr. member
Activity: 229
Merit: 3
EndChain - Complete Logistical Solution
No. I would not want for this to happen and I don't think it legitimizes Bitcoin. What does it matter and how it convinces people that Bitcoin is legit? My physical location validates nothing.
jr. member
Activity: 1232
Merit: 1
No I don't add my physical location to my payments address. I will add my physical location to my payments address later . Thanks to remember me .
jr. member
Activity: 154
Merit: 2
Well this might be a helpful security measure but it can be false any one can put any fake location so it quite unimportant you can still make safe payment without adding your location
hero member
Activity: 2226
Merit: 834
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

Bitcoin is decentralize and i do not want to reveal my location so i will not be interested to reveal my location. I think this is nothing to to with mass adaption of bitcoins as it is not a requirement and no one is forcing you to give your address when all the payment is online through bitcoins.
sr. member
Activity: 868
Merit: 257
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html
I think adding your physical location might be a good idea but somehow it is also not a good idea especially if you huge amount of holdings or cryptocurrency. Aside adding your physical location we can still make good idea which help to promote bitcoin and then might have massive adoption.
full member
Activity: 686
Merit: 107
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

Do you know why bitcoin was made? It is meant to offer decentralization and complete anonymity.

Putting your location on the payment address destroys the purpose of anonymity that Bitcoin is offering to its users. Yes it may be a way to legalize Bitcoin but it just kills the concept of decentralization. It does not make sense. There are other currencies aside from Bitcoin that can be used for this type of transaction.
jr. member
Activity: 504
Merit: 5
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html
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I think its will not be ideal for potential investors to add location to their wallet address for security and privacy beside this is a decentralized system and I have not see any were its been request to add location to wallet address. Is better not to give such information if someone request for it.
legendary
Activity: 2296
Merit: 1335
Defend Bitcoin and its PoW: bitcoincleanup.com
No, I would not. The reason I'm using cryptocurrencies is I like my anonymity. I don't share my location, my name, and any other personal details in the Internet. You won't find my picture anywhere in the web, I don't have a facebook account or any other social media stuff. I also don't give away my telephone number. I'm sure there's more people like me and I hope that there will be even more as people are waking up and starting to protect their privacy.
sr. member
Activity: 910
Merit: 257
I guess i would add my location if i had nothing to hide.
As an example, if i was a store or a local business, that would just be added publicity for free. right.
Same for a user buying coffee or a sandwich. If i am already sharing my location on instagram, snapchat, why do i care that someone saw me pay for my sandwich with bitcoin.

That's true, but then again, that would somewhat defeat the purpose of cryptocurrency transactions which is supposed to be in anonymity and with privacy. Maybe if you are a business or enterprise that engages in the sale or offering of goods and services and accepts cryptocurrencies as payment, then it is no question that you have to add your physical address, but if you are the buyer or the customer who transacts with cryptocurrencies, I think there is no need to do that since you can still do your transactions perfectly without disclosing such information.
jr. member
Activity: 482
Merit: 3
Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

Sukhbir Benipal
https://benipaltechnologies.com/Benipal.html

I wouldn't include my location as it is against the purpose and mission of the Blockchain Technology. Anonymousity of users and location is key thus I wouldn't dare input my location.
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