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> privacy From the original bitcoin white paper: > The traditional banking model achieves a level of privacy by limiting access to information to the parties
by danlugo92 5y ago
> privacy
From the original bitcoin white paper:
> The traditional banking model achieves a level of privacy by limiting access to information to the
parties involved and the trusted third party. The necessity to announce all transactions publicly
precludes this method, but privacy can still be maintained by breaking the flow of information in
another place: by keeping public keys anonymous.
Salvadorians can transfer their BTC to a tumbling service then to a an anonymous public key.
> independence from government
As soon as you transfer the BTC out of the wallet, you'll be independent from the government.
You are not required to use the government provided wallet if you don't need the $30 handout.
- ridethebike 5y agoOk, good points