Bitcoin and Crypto Currencies are the Future of Privacy and Money.

in privacy •  8 years ago 

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Cryptology is Changing How We Look at Privacy, Money and Finance.

I see a great divide today. There are people who believe privacy is no longer important, that it is a relic of the past. I disagree wholeheartedly. Privacy is vital and blockchain technology is delivering more and more solutions on a daily basis. Just look around and see the hottest projects in world of Crypto Currency. Many of them are based on being anonymous.

There are also projects on the horizon that will take your life out of the public domain. It could be possible that we have reached the peak of exhibitionism and that we are now shifting focus back to privacy. We all understand the importance of keeping our finances private but maybe some people would also like their lives to be more private.

I Know I Could Be Doing a Better Job.

Sometimes we as humans like to share our private information in order to help others. This is what I do on a daily basis but here on websites like Steemit, where the information we write is immutable, should be treated with care. Think twice before you tell the whole world your finances or your private information. You just never know who is watching and what there intentions may be.

Equibit

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The Right to Privacy is definitely much more important that most of us have been led to believe. I also would like to have more of mine back! Followed.

PIVX is one of these projects!

I love the project and hope they work everything out.

Truth

I think that there is enough of a voice that truly wants anonymity and it is big enough as proven by the market caps endlessly and exponentially rising. That will draw people that may not be as concerned in the interest of making money, but there is nothing wrong with a market solution to privacy. I do think this is the future.

And the timing is right for Privacy to be the focus in our society. Too much access and exposure in everything we do! 🤤

That is my sentiment exactly. It is time for the pendulum to swing the other way.

And it always does. We just have to hope it doesn't swing too far to the opposite side. Right?!! A certain amount of transparency is important in keeping things (& people) in check. Ahhhh.... maintaining balance is difficult.

oh yeah, it's gonna be a blast!

couldnt agree more privacy is something my generation has been robbed of but i think to contrast popular belief we will achieve human morality sooner or later

I totally agree!! 🙌🏼🙌🏼🙌🏼

  ·  8 years ago (edited)

Awesome post brother I fully agree with you. And I truly believe that in today's generation privacy is compulsory for everyone. Followed.

crypto market cap is about to hit $100 billion!

thanks for sharing! you do a lot to promote the steemit community and produce great quality content for it, keep it up! 💪

I promise that I will be here daily and share it all over. Now if Steem could just get a little more of that $100 Billion love.

only a matter of time 🏆

you can only keep what you are prepared to defend
nothing in life is free.
if you want privacy...you have to work for it.
the same as everything else.
if you want something
work for it.

Crypto will take over - it's mother nature running its course. Humanity evolving. A new world is on the horizon.

Cool stuff!
Love it!
Keep it up!

Great informative post...thanks for sharing such good information for the steemit community.I am cautious reading your article, hope others as well to post any privacy here...Think twice to post before as you said..Great lesson learnt..Thank you..:))

Privacy is of very high importance fully agree. I am concerned about privacy we have already given away and which is freely available already now. US-customs have apparently already started asking for social-media-data from people at immigration. This is a sign what other purpose these medias will get maybe. There is a tension between systems aiming for full privacy from everyone and other systems that aim to give control back to the owner of the data i.e. giving the owner full control over the distribution of his data. I guess the latter would be more sustainable but hard to achieve in the short term. Over all I agree that we may be at a peak of blindly sharing our information and thats generally a good thing.

Privacy is of the utmost importance!

Spot on!

Bitcoin & Crypto Coin gonna make our future....
Lifes gud 😁

I agree; I see the potential of privacy. For currency in particular, what concerns me about the privacy coins is that my gut feeling is that if the superpowers do decide to make a move against crypto, it will be against those. How do you think the risks of government/bank interference in privacy coins compared to other coins stack up? thanks,

What do you have to say about recent ramsonware attacks which completely took the advantage of Bitcoins?

Ransoms happen all over the world on a daily basis. It is not Bitcoin that is the issue it is humans.

I read a book a few years ago by J.J. Luna called "How to Be Invisible." It's all about how to be more anonymous in today's exhibitionist world. I followed what the book taught very closely for a few years, and it does work. I managed to keep my name out of all public records for years. I've slacked off quite a bit lately, but it's good to have the information if I decide I want to be totally anonymous again. I am still careful with my private information and identity, just not as crazy strict about some things anymore as the book advises. I'd recommend reading it

Thanks for this very informative for me article. I love the cryptos and the metals. I spent several hours putting this mining stock investigation together. I hope you find it of value. I think silver and gold may be ready to start moving up again very soon. This is an article I wrote breaking down some mining companies, the better of which should outperform the metals themselves by a wide margin. https://steemit.com/money/@motowngold/i-think-gold-and-silver-are-staging-for-a-run-here-are-some-mining-stock-ideas

Great post. I agree that privacy is vital and the success of cryptocurrencies like PIVX will prove this.