Pages:
Author

Topic: Would you add your physical location to your payment address? - page 2. (Read 900 times)

copper member
Activity: 336
Merit: 1
I will gladly add my location address to my Payment wallet address.
This comes as the best way to help the world fight off criminal activities such as scammers and then money laundering, terror sponsoring and drug trafficking.
member
Activity: 236
Merit: 39
Of course yes why would you not add your personal location to your payment address? There's nothing to hide about it as long as it's legal.
newbie
Activity: 30
Merit: 0
I think location as in Country is still fine. You can have specific wallets that you're fine with revealing that info?
member
Activity: 169
Merit: 10
newbie
Activity: 10
Merit: 0
If the address is needed then I would not mind adding it to my payment address. However btc is known to be untraceable so that isn’t needed.
legendary
Activity: 1344
Merit: 1251
I don't understand...

Why would you share your location? What is the point?

Bitcoin (and other crypto) allows you to be anonymous and still have guaranteed, verified transactions. Why would you bother giving a piece of information like this? If someone ask you this, you should not give him your address. there are many other ways of securing transactons that does not recquire personnal information.

Keep in mind that bitcoin is a wonderful tool... but that it can also be used for scams.  Shocked
full member
Activity: 455
Merit: 106
In our country Bitcoin is not legal nor considered illegal, the government is not oppose on it but the bank is. So, my opinion it is not wise to tag your physical location, for which if someone wants to rob those who have bigger holdings of bitcoin then you are broadcasting that you should be a target. There are many means of robbing your holdings, even if you put it in an encrypted folder there is always a way to decrypt it by others. They can also resort to taking your laptop and phones if they can't hack your account. Also, in our country, the bank would then know who will they try to convince not to use bitcoin.
member
Activity: 322
Merit: 19
Nope. Why should I ? It is supposed to be anonymous.
member
Activity: 188
Merit: 10
nope, I dont want to add it. Imagine spending big amount of money then someone can see it, even those bad guys. they can have the information on where you are located then they might to to your location and do something bad to you. This is a matter of security so I won't do it
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
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.
Why do people need to see you bought a sandswich from store? Does it benifit people to see someones personal info? May be, but everything is different here and bitcoin was specifically made to be utilized without restrictions. I would never prefer to be controlled and watched by legal parties like we are watched by governments when we transfer a huge amount of funds.

Nobody will know that you bought a sandwich.
They will just know that you have bought something from company x.
Even if you use a credit card do you think that you have all your purchases recorded in the transactions?
Do you know how visa servers would look on Christmas and Black Friday ?

But even with this, still a pretty stupid idea.

If you add your physical location to your payment address then what's point in Bitcoin being anonymous and stuff. How is it gonna be anonymous when all the people know whom they are having a transaction with. You might as well use your cash to buy coffee and sandwich and who's gonna pay the transaction fees?

As stated many times before.
Bitcoin is not fully anonymous!!!!!!

anonymity is one thing. but greater public acceptance is another. have to trade off.

Weird. Credit cards and debit cads payment have reached almost 60% here in my country and nobody is able to see my purchases.
How did it work for them?
full member
Activity: 420
Merit: 105
If you add your physical location to your payment address then what's point in Bitcoin being anonymous and stuff. How is it gonna be anonymous when all the people know whom they are having a transaction with. You might as well use your cash to buy coffee and sandwich and who's gonna pay the transaction fees?
member
Activity: 182
Merit: 10
Open and Transparent Science Powered By Blockchain
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
That could be a dangerous thing, and you might expose your position, and if you have a lot of bitcoins, your personal security may be under threat.
hero member
Activity: 924
Merit: 511
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.
Why do people need to see you bought a sandswich from store? Does it benifit people to see someones personal info? May be, but everything is different here and bitcoin was specifically made to be utilized without restrictions. I would never prefer to be controlled and watched by legal parties like we are watched by governments when we transfer a huge amount of funds.
member
Activity: 169
Merit: 10
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

Well that defeats the part where btc transactions are supposed to be amonymous right? And wouldn't that also compromise the security of your transactions as well? I think its better left as it is for now.

anonymity is one thing. but greater public acceptance is another. have to trade off.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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

Well that defeats the part where btc transactions are supposed to be amonymous right? And wouldn't that also compromise the security of your transactions as well? I think its better left as it is for now.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
wouldn't do it, because what i like from bitcoin is it's anonymity, and it is benefit of bitcoin than other digital currencies. even some country make it legal, they wouldn't ask to people's location
newbie
Activity: 28
Merit: 0
Not at all. This is the beauty of Bitcoin. Total anonymity. I hope it remains so for some time to come. we should all be grateful that the bitcoin protocol provides us with the privacy we require in our financial operations.
member
Activity: 169
Merit: 10
bump

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
member
Activity: 169
Merit: 10
bump

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
member
Activity: 169
Merit: 10
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

There may be a use case for what you're talking about, but I don't see it useful to be added to the protocol, maybe in a third party service, like Coinbase.

Yea, i don't see it being part of the protocol itself. More on the services that it is used for. That needs to be more public.
Pages:
Jump to: