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Future proof security. I think that people discount that aspect of it. If your identity is cracked at any point in the future, perhaps using methods yet to be

Future proof security. I think that people discount that aspect of it. If your identity is cracked at any point in the future, perhaps using methods yet to be invented, all your transactions will still be there on the blockchain. I once heard someone refer to the blockchain as prosecution futures, and that is about right.

acdha 4y ago
Exactly - and that’s especially true if laws or other things change. For example, suppose that you made a donation to the political party which lost a key election to an authoritarian – are you sleeping easy at night wondering whether they have a data mining team?
- cgriswald 4y ago
  In your hypothetical scenario, I think I would sleep easier having tried to stop it, then to be in the same world but having done nothing to stop it. There's no real alternative. You rely on the secrets technology we currently have, knowing it might not be future-proof for your entire lifetime, or you don't use secrets technology at all (and I guess live in fear of all possible futures?)
  - midasuni 4y ago
    The chance of somebody storing my WireGuard traffic from a local public hotspot to be able to hopefully decode it at some point in the future is far less than someone sniffing dns and http traffic I send from the same hotspot today. The value of breaking my communication now compared with in 10 years time is far higher too. My bank will have destroyed the records of my dealings in a decades time for example. Bitcoin’s ledger is specifically designed to be kept forever though. You don’t need to target me today in the how if future payoff
- lurkshark 4y ago
  I get the point you’re trying to convey but - at least in the US - you’re legally required to make donations to political candidates publicly anyway, so this isn’t really a regression over the status quo.
  - jmopp 4y ago
    That's why you make your anonymous donation to the "Friends of John Smith" organisation, who is completely unaffiliated with John Smith and is merely interested in seeing him elected to office
giancarlostoro 4y ago
This is the kind of thing that Monero and team solved iirc.

acdha 4y ago

Exactly - and that’s especially true if laws or other things change. For example, suppose that you made a donation to the political party which lost a key election to an authoritarian – are you sleeping easy at night wondering whether they have a data mining team?

cgriswald 4y ago
In your hypothetical scenario, I think I would sleep easier having tried to stop it, then to be in the same world but having done nothing to stop it. There's no real alternative. You rely on the secrets technology we currently have, knowing it might not be future-proof for your entire lifetime, or you don't use secrets technology at all (and I guess live in fear of all possible futures?)
- midasuni 4y ago
  The chance of somebody storing my WireGuard traffic from a local public hotspot to be able to hopefully decode it at some point in the future is far less than someone sniffing dns and http traffic I send from the same hotspot today. The value of breaking my communication now compared with in 10 years time is far higher too. My bank will have destroyed the records of my dealings in a decades time for example. Bitcoin’s ledger is specifically designed to be kept forever though. You don’t need to target me today in the how if future payoff
lurkshark 4y ago
I get the point you’re trying to convey but - at least in the US - you’re legally required to make donations to political candidates publicly anyway, so this isn’t really a regression over the status quo.
- jmopp 4y ago
  That's why you make your anonymous donation to the "Friends of John Smith" organisation, who is completely unaffiliated with John Smith and is merely interested in seeing him elected to office

giancarlostoro 4y ago

This is the kind of thing that Monero and team solved iirc.