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A quick glance at that page: In the Fight Against Extremism, Don’t Demonize Surveillance-Busting Tools like Signal and Bitcoin How Bitcoin Can Help In The Fig
by blitzar 5y ago
A quick glance at that page:
In the Fight Against Extremism, Don’t Demonize Surveillance-Busting Tools like Signal and Bitcoin
How Bitcoin Can Help In The Fight For Human Rights - Your financial transactions say a lot about where you’ve been, what you were doing, and what you intended to do — making them a perfect way to surveil you.
Bitcoin with its public ledger of every transaction ever made by a person, as well as a public record of their current holding is "surveilence busting" or fighting the good fight against having your financial transactions monitored?
Are they confused as to the difference between encrypting messages and cryptocurrencies? I guess they both have crypt in them, but that is also the chamber beneath a church.
- ericd 5y agoLightning network just does net settlement to the public chain, and very infrequently, so it’s somewhat more private.
- rdbell 5y agoOne of the most exciting features of Bitcoin is that it's permissionless and anyone is free to contribute and build on top of it. This is what has enabled projects like Lightning to emerge and evolve.
- blitzar 5y ago> so it’s somewhat more private > anyone is free to contribute and build on top of it These are great features, certainly welcome. However, I believe my point still stands, bitcoin is not philosophically 'private' indeed the entire basis for it working is that it is a public ledger (yes more private crypto does exist, like monero, but the conversation is about bitcoin). The public ledger is the feature, not a bug. One day it might be all those things, one day I might be pope. But you can no more say it is that than you can say I am his holiness.