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OK, but what the parent is suggesting is that someone might store someone's personally identifiable information on "the blockchain", thus making the entire bitc
by ebcode 9y ago
OK, but what the parent is suggesting is that someone might store someone's personally identifiable information on "the blockchain", thus making the entire bitcoin network in violation of GDPR. It's a fairly on-point criticism, IMO.
- chii 9y agoit's not Bitcoin network that's in violation, but the company that owns the transaction in which the data is in. let's say I'm a shop and i allow btc payments, but I include the customers info in the transaction or something to such an effect. then I'm in violation, and must pay a fine (since I can never delete that info). The network has nothing to do with this, and nobody else on the network is party to the violation.
- emilfihlman 9y agoSo just paying a fine is enough to make the issue go away and the users privacy is bought out legally? Now we have a way to estimate the cost and we can just put that on top of the cost of using the service. Boom, privacy bought. You don't realise how absurd GDPR is?