Would you add your physical location to your payment address? - page 3.

roadmarket

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Quote from: BrewMaster on December 07, 2017, 12:44:40 AM

Quote from: roadmarket on December 06, 2017, 10:16:27 AM

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

"mass acceptance" of bitcoin is partly because it is providing a good level of privacy and the design is in a way that you don't give any information more than you need to.
change that and you will eventually end up with something that has nothing interesting over usual payment methods and fiat! then why should we even use it then?

there is no mass acceptance. not even remotely.

BrewMaster

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Quote from: roadmarket on December 06, 2017, 10:16:27 AM

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

"mass acceptance" of bitcoin is partly because it is providing a good level of privacy and the design is in a way that you don't give any information more than you need to.
change that and you will eventually end up with something that has nothing interesting over usual payment methods and fiat! then why should we even use it then?

roadmarket

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Quote from: criticoflife on December 06, 2017, 11:40:29 PM

No i would not. This is not what crypto is supposed to be about. It's meant to be freedom of currency moving anywhere in the world. I would like to see some exchanges set up in tax havens sometime so that they can legally continue to do there thing without all these bureaucrats interfering and attempting to stop something that they have no control over.

i don't think any real tax havens exist anymore after FATCA

criticoflife

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No i would not. This is not what crypto is supposed to be about. It's meant to be freedom of currency moving anywhere in the world. I would like to see some exchanges set up in tax havens sometime so that they can legally continue to do there thing without all these bureaucrats interfering and attempting to stop something that they have no control over.

steven.spearman

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Bitcoin is made to be untracked but can be seen, why should there be an address? are you kidding? think carefully before asking.

roadmarket

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Quote from: xuan87 on December 06, 2017, 10:30:29 PM

No, I am not planning or doing something illegal but I don't like my identity and place of living being exposed, that is the reasons why I am using bitcoin, I afraid somebody can misuse the information, as we know we need to be very careful when we revealed something on Internet

If you use any social network, you are already doing all that

heureca

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Quote from: roadmarket on December 06, 2017, 10:16:27 AM

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

It will affect BTC anonymity that is one of the BTC good feutures. At the same time BTC could be legal with anonimity feuture enabled

xuan87

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No, I am not planning or doing something illegal but I don't like my identity and place of living being exposed, that is the reasons why I am using bitcoin, I afraid somebody can misuse the information, as we know we need to be very careful when we revealed something on Internet

nc50lc

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Self-proclaimed Genius

For Services like Coins and Coinbase this should be mandatory in order to make the usability/microtransactions more acceptable by the mass.
For the current holders, it's not a current option but after maturity, being anonymous might be an issue to the authority.

HXLY

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Quote from: roadmarket on December 06, 2017, 10:16:27 AM

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

While I don't have anything to hide I would prefer to not do that as it pretty much ruins the purpose.

gutavo1dias

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yea, i know. just sayin' to get the conversation started. That's why i mentioned the "whole idea of"

roadmarket

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Quote from: 2fresh on December 06, 2017, 06:37:40 PM

We have bank accounts where they have all our information right?
Why would I want to use crypto if we'd have to go through ridiculous measures like revealing your location.

I might as well use my cc + paypal in that case...

i believe the original idea behind bitcoin was not to hide from the government. but rather to create an alternate reserve currency as a direct result of the financial crisis in 2008, which was caused by a variety of issues, but mostly cheap money.

if you look at the bitcoin architecture from a philosophical point of view, it exactly imitates our mining of gold.

2fresh

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We have bank accounts where they have all our information right?
Why would I want to use crypto if we'd have to go through ridiculous measures like revealing your location.

I might as well use my cc + paypal in that case...

roadmarket

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Quote from: stompix on December 06, 2017, 06:19:14 PM

Quote from: roadmarket on December 06, 2017, 10:16:27 AM

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

* edited the spam link.

What did you even mean by physical location?
The location where you made your transaction or going nuts all the way and publishing your home address.
Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

How would that make bitcoin more legal?
Who is going to enforce and check those , the government?

Besides the morons in NK (who might enjoy it) I don't see any government being that stupid to propose such thing.

Edit:
Checked you other link.
You're idea is nothing more than the labeling address blockchain.info was doing.

Thank you. You think my profile is spam and my vision is not much.

I appreciate your point of view. However, you have to think first why bitcoin has the reputation it does so far. And that is because of darknet marketplaces and .onion

The only way to cause serious change, And by serious, i mean mass acceptance, not bitcoin "enthusiasts", is to bring the transaction ecosystem of bitcoin more into the open, more public, not by making it more private.

You have obviously missed the point of me making my entire information public.

Edit: Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

I believe except your SSN, you are already willingly giving that information to FB without asking who is checking it.

stompix

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Blackjack.fun

Quote from: roadmarket on December 06, 2017, 10:16:27 AM

Would you add your physical location to your payment address? What if that helps make bitcoin more legal and gain mass acceptance?

* edited the spam link.

What did you even mean by physical location?
The location where you made your transaction or going nuts all the way and publishing your home address.
Why even stop here, you should add your name, hone number, facebook page, how many kids you have and.. why the hell even your SSN !!

How would that make bitcoin more legal?
Who is going to enforce and check those , the government?

Besides the morons in NK (who might enjoy it) I don't see any government being that stupid to propose such thing.

Edit:
Checked you other link.
You're idea is nothing more than the labeling address blockchain.info was doing.

roadmarket

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Activity: 169

Merit: 10

check out my vision statement in detail at https://play.google.com/store/apps/details?id=com.benipal.road

i am making my info fully public because i believe in what i am doing. i definitely want to change how general public looks at bitcoin.

Sukhbir Benipal
Benipal Technologies
https://benipaltechnologies.com/Benipal.html
+1 (212) 579-8500

roadmarket

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yea, but that's also one of the many reasons why it is not legal. popularity as of now is not that huuuuuge. great, but not mass.

things need to change.

drunkcoin

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No way. What's the point? Crypto is popular also due to its anonymity.

roadmarket

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traceable, yes. but takes substantial effort.

my thought is that by making everyday sales and transactions public, say for example, buying coffee or a sandwich, merchants and stores feel more comfortable in accepting it. and that leads to lower volatility.

BingoDog

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In this situation when bitcoin is not regulated and in some countries is more illegal than legal but general in some grey zone I don't think how clever this could be. I don't think that information like this could lead to biger adoption. Location itself without other data doesn't mean anything.
But I disagree that bitcoin is not traceable. Bitcoin has lost quite a part of anonimity and today there are some techniques and methods to identify the user.

Topic: Would you add your physical location to your payment address? - page 3. (Read 900 times)