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Without anonymity, any transactions you make can be linked across time, giving any onlookers a clear history of your financial habits. Would you be okay with h
by Ar-Curunir 8y ago
Without anonymity, any transactions you make can be linked across time, giving any onlookers a clear history of your financial habits. Would you be okay with having your bank history plastered across the web for anyone to see?
Also, even if you don't care for your personal privacy, anonymity is important for fungibility of the currency. Cash is mostly fungible, whereas something like Bitcoin might not be in the future.
- samatman 8y ago> Would you be okay with having your bank history plastered across the web for anyone to see? I used to think the answer to this question was obviously "no", but then Venmo happened, and I learned that some people like the 'social network' feature of it. Which I find appalling, but tastes differ, I guess.