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>Privacy is a field of interest that touches only 1 % of population at all. The rest don‘t care, never cared and never will care

Well I personally see this as a big issue that needs to be addressed instead of ignored.

You can't separate money and state without privacy.

Anti Spasti 2y ago

So you do think that what was valid for thousands of years might change?

I don‘t think so.

Imo:

World population will always have just 1-3 % of people taking full responsibility (storing their own keys, seeing the importance of non-custodial services, using their own nodes…) and taking care of privacy is in that area.

Oh I see that totally different. We already separated money and state with Bitcoin. As long as they can‘t print more they have no power anymore.

Don‘t get me wrong, I am for privacy, have nothing against monero snd appreciate the existing privacy-tools, blogs and papers… I just don‘t think Monero people could keep #bitcoin users ‚honest‘ in any way. ‚Aware‘ is maybe better?

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Discussion

InBoston 2y ago

I would make a guess that 80% of money flows privately! Even certain governments, top5%, institutions themselves value privacy of their large out/inflows. It is however a guess.

sommerfeld 2y ago

Call me principled but if most people are on-boarded to custodial solutions are are not educated on basic individual responsibility and self-sovereignty, that means most people are not really using bitcoin, it means failure.

The State cannot print more bitcoin, but they can print more custodial IoUs which is what everyone will be using if we let it happen.

The battle is definitely not over, we haven't won anything.

Cameri🐦‍🔥 2y ago

Hopefully that changes. I got tired of baby sitting my Umbrel node

untraceable 2y ago

You shouldn't need people to care about privacy because good money should default to it. Meaning that the average person gets it without having to do anything extra. Their lack of privacy and fungibility impacts everyone in that system and makes those who seek out privacy, such as coinjoining, stand out.

Privacy isn't Bitcoin's weakness. Anyone can be reasonably private by using bitcoin "properly". Fungibility is a much bigger issue. Without it, bitcoin fails at being money.

crypto 2y ago

Some characteristics of the thing are the essence of the thing itself. Ex: silicon chips can only have so many imperfections in order to operate. You can advocate for chips with less imperfections or you can just realize there is a threshold beyond which they are essentially desk weights. Same thing with cryptocurrency. There is a threshold in which all this stuff sorts itself out. You can only sell me a non functional processor so many times before I learn what works and what doesn't. I really don't care the number of imperfections but indirectly I am demanding them.