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That's easy - bitcoin isn't and never was about "privacy". It was about defeating that supposedly-horrible "fiat money" and the associated inflation. It's alway
by pdkl95 13y ago
That's easy - bitcoin isn't and never was about "privacy". It was about defeating that supposedly-horrible "fiat money" and the associated inflation. It's always been more about escaping government-backed money. From the very beginning, when selling the idea of bitcoin, the true believers praised the lack of regulation and how your money wouldn't lose its value over time. Privacy was secondary, if mentioned at all.
I suspect the Silk Road connection is what popularized the idea of a public ledger somehow providing privacy.