Global Feed Post Login
Replying to Avatar Kevin's Bacon

I am not so sure that privacy at the protocol level will ultimately be good for BTC on account of the need for auditability of governments and other criminals. However, that might be outweighed by the need to protect people and honest companies from those very governments. Come to think of it, governments probably have plenty of ways of sidestepping audits even with everything in plain view. Yeah this really ought to happen.

Avatar
Kevin's Bacon 1y ago

Criminals would still have a hard time on BTC because people would prefer to interact with publicly verifiable transaction history/identity for people they do not know.

Reply to this note

Please Login to reply.

Discussion

Avatar
Kevin's Bacon 1y ago

Yeah this really seriously needs to happen.

Thread collapsed