[throw10920]

> its only valid use cases were illicit transactions

What makes this argument different than the "I don't have anything to hide" anti-privacy argument?

[undreren]

The “only valid use cases” of privacy is not to hide illegal or criminal activity.

Crypto currency is a wasteful, destructive, expensive and innefficient technology that has few benefits except facilitating crimes like tax evasion, money laundering, financing terrorism and purchasing drugs.

[throw10920]

> The “only valid use cases” of privacy is not to hide illegal or criminal activity.

What are the others, in the specific context of this conversation (which is privacy from the government, not from random other citizens)?

[undreren]

Governments could easily use private data to blackmail or silence you, even if you’ve done nothing illegal.

This is perhaps the primary reason that the right of privacy even exists.

[yellowapple]

Governments could also easily freeze bank accounts, even if you've done nothing illegal.

Cryptocurrencies like Bitcoin directly mitigate (if not outright prevent) that risk.

[undreren]

Governments can also violate all your other rights as well. But this completely irrelevant to the post I responded to.

[yellowapple]

It's absolutely relevant. You replied with one way a government can violate your rights and the importance of mitigating that violation. I replied with another way a government can violate your rights and the importance of mitigating that violation.

[MomoXenosaga]

Privacy isn't absolute otherwise we wouldn't have CPS.

[undreren]

I did not imply that it was.