KYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s not about having nothing to hide, but about sound economics, human dignity, and creating a more peaceful, less violent, world.
Also read: Hayden Otto Discusses the Rise of North Queensland’s Bitcoin Cash Movement
Making Bathroom Breaks Illegal
“If you’ve done nothing wrong, you’ve got nothing to hide!” The oft-repeated trope is familiar to all, but really what lies behind it? It’s clear when I am using the bathroom, alone in my room writing, or just taking a breather to escape the madness of a particularly stressful day, that I have nothing to “hide” as such. I’ve done nothing wrong. And yet, privacy remains paramount to me. Force someone to surrender the precious stuff, and see how long they remain healthy. It won’t be long until they are resisting – breaking down emotionally, physically, and mentally. Privacy is a treasure trove where creation happens. Regeneration. And most importantly, it’s a basic and non-negotiable prerequisite to human dignity, anywhere and everywhere in the world.
With the advent of Bitcoin in 2009, new economic applications of privacy were made possible. Fed up with the coercive monetary status quo, Satoshi Nakamoto released a financial protocol enabling free and autonomous trade without a middleman or centralized authority overseeing people’s private business. Over 10 years later, the idea is now being pursued hotly by massive state-approved railroading campaigns. Centralized, pro-government exchanges seem to have missed the memo on sound econ and privacy. They don’t wish to let you trade without knowing nearly every damn thing about you, first. For
