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by feanaro 2497 days ago
> You say that like it's self-evident, but it isn't. You haven't presented a compelling argument for why absolute privacy in financial transactions matters, let alone is an objective good.

Well, it works both ways. The same could be said about your position.

I do think privacy should be the default everywhere and I consider this an objective good. I do not trust centralized entities scrutinizing my life and deciding what's right and what's wrong, especially since those entities are in a constant state of flux depending on power games I have no control over.

Society used and continues to use cash for centuries, a method of payment which fundamentally leaves no trail by itself... And the world did not end.

Auditability can be enforced in the business sector, where it matters the most. There is no reason my personal transactions need to be auditable by anyone.

> Default-hidden, available on subpoena is the middle ground all law and order societies have deemed to be the right place to draw the line.

Technology like Monero seem to me to be the result of people deciding otherwise. Monero and similar tech exists and isn't likely going away. How do you plan to address that?