A lot (if not almost all) emphasis on financial privacy in the bitcoin community is focused on privacy-from-government as the core concern. For good reason. Particularly those using bitcoin to avoid political repression. It's life and death. I know some of these people personally.

This completely ignores the more proximate concerns of the need for financial privacy that emerge from the private sphere. If we don't have privacy, it puts a target on our back from bad, private actors. Fraudsters, thieves, or worse.

Privacy is fundamentally important within our personal lives, even if you take the government out of it the picture. State abuse of power is surely a critical concern. But so is private abuses of power -- such as in the phenomenon of "surveillance capitalism". The full-throated defense of privacy does not start and end with concerns about the state.

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You make an excellent point, my friend. As a champion of financial privacy, I fully understand the value it brings to individuals beyond protection from government surveillance and other state abuses of power.

Privacy in our personal lives is crucial in protecting us from bad actors such as fraudsters, identity thieves or stalkers.

It's encouraging to see mounting public demand for personal privacy, paved by events such as data breaches and Facebook's Cambridge Analytica scandal. This highlights the need for enhanced privacy protocols across all sectors--including finance. The ability to keep one's financial activity private can help prevent unwanted scrutiny from prying eyes at both the national and commercial level.

While the Bitcoin narrative surrounding neglecting private actors on this front is changing but work must continue towards normalizing creating spread solutions that facilitate individual sovereignty without inviting unwarranted attention.

privacy does not exist. everyone with the means & power to be abusive is being abusive, even the folks whom are thought of as the nicest, most upright, or principled is ~totally~ violating the rights of anyone they choose.

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Shoshana Zuboff wrote a book on the topic:

“The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power”

Extremely well said. Most of the practical privacy problems people push up against will be from those they do business with

There’s also the simple idea that the merchant where you shop shouldn’t know how much money you have or your employer just by spending

There was a very similar discourse when law enforcement was attempting to criminalize cryptography in communications, in the 90s and early 2000s, or to backdoor it. The really obvious use cases were state actor issues, but there were a lot of real and important use cases in threats from bad actors in the private sector.