[slver]

> With fiat, only the banks (or the governments) can see transactions. If I was to say there is some good thing, I would say that is a new innovation that hasn't been possible before.

What do you mean it hasn't been possible. It's absolutely possible. We don't do it because no one wants to advertise how much money they have and who they give it to, unless compelled by a specific reason.

> Cryptocurrency also does enable new illegal activities that weren't possible before, so there are definitely pros / cons, but I would say there are pros / cons to fiat as well.

So the pros are things we could do (publish our private transactions), but we don't want to, and the cons are things we could do (blackmail each other), but we don't want to.

Lol, great.

[swensel]

For me it is that I think the general public has no choice in the matter now, the banks and governments do. That is the difference I see.

[slver]

You have the choice of downloading your account history and copy pasting it here for us to see. Can you think of a reason why you wouldn't do that?

Also does Bitcoin give you a "choice" in exposing your wallet transactions? How is Bitcoin's lack of privacy choice "a choice", and your choice whether to keep your bank account history private or not, "not a choice".

It's say crypto gives you less choice. And even worse, the way crypto chose, to expose transactions, makes actually the regular folks more vulnerable.