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by dcow 2359 days ago
Anonymity is not a fundamental human right. Rather it’s a tool that should be available in extreme circumstances. Totally anonymous systems generally devolve over time. Nothing about crypto is inherently anonymous. Bitcoin was never meant to be anonymous. There’s a public ledger... Crypto a la Bitcoin is fundamentally about building distributed consensus. Secure distributed consensus requires strong identity. Whether it’s easy to tie a crypto identity to a social one is simply a matter of time and not a fundamental principle of these systems (except maybe Monero). Behavior can always be analyzed.
1 comments

i think the value of un-sanctionable funds is high, but only in times of turmoil. Think hong kong and the recent bank account seizures of the protestor organizations. If the financial system is tied to a fairly anonymous crypto, then the gov't cannot seize funds of organizations that oppose it (for better or worse).